How VAT works?

You may have a lot of questions about how and when to charge VAT, how you claim it back, and how VAT works?

HM Revenue & Customs published a guide that will solve all your doubts about VAT.

VAT How it works

This e-learning course is a complete guide that covers:

• Charging VAT
• Reclaiming VAT
• Vat returns and payments
• VAT accounting schemes
• Keeping VAT records
• VAT and trading with other countries
• Case studies
• Further information and glossary

Watch this video too.

https://www.youtube.com/watch?v=cHM0CaBEb0w