VAT in Cross-Border Sales (Training)

About The Event: This training is crucial for professionals navigating the complexities of VAT in cross-border trade and developing the competencies required for handling VAT obligations effectively. Participants will gain a thorough understanding of VAT's impact on international transactions, import VAT management, and VAT registration requirements overseas. This course offers practical knowledge and up-to-date information on VAT regulations, ensuring professionals are well-prepared and confident in their roles.

This four-hour live certificate course, delivered online in real-time by an expert trainer, is designed to provide essential insights into VAT in cross-border trade and equip you with practical skills for efficient VAT management.

This course is continuously updated to reflect the latest VAT regulations.

Why Does This Training Matter? Understanding VAT in cross-border trade ensures compliance and avoids costly mistakes. This training provides a practical and in-depth exploration of VAT's impact on export and import processes. It addresses crucial aspects of customs compliance and common mistakes made by those new to the field. This course equips you with practical knowledge and skills directly applicable to your role, helping you feel prepared and confident in managing VAT obligations. The course is thoroughly updated to reflect the latest changes in VAT regulations and is highly interactive.

Training Objectives:

• Gain a comprehensive understanding of how VAT impacts international transactions.
• Learn to manage and reclaim import VAT efficiently.
• Understand the requirements for VAT registration in foreign jurisdictions.
• Develop the ability to navigate VAT compliance issues in international trade.
• Get familiar with practical strategies for avoiding common VAT-related pitfalls.

Who Will Most Benefit From This Course:

• Customs Managers: Essential for overseeing VAT compliance and managing international transactions.
• Import and Export Professionals: Key for understanding how VAT affects cross-border trade and ensuring accurate VAT handling.
• Customs Agents: Crucial for guiding clients through VAT-related processes and regulations.
• Advisors and Consultants: Important for providing informed advice on VAT compliance and international trade.
• Sales, Supply Chain, Accounting/Finance, and Shipping Professionals: Beneficial for all professionals involved in cross-border trade and finance, ensuring comprehensive understanding and compliance.

What We Will Cover In This Course:

• What is VAT? Learn how VAT is charged when applied, the difference between input and output tax, and the various VAT rates.
• GST and VAT: What is the difference?
• VAT Rules Reviewed: Gain a comprehensive understanding of VAT rules and legislation for import and export activities.
• VAT Registration: Discover when VAT registration is required, the costs involved, and who needs to register.
• Fiscal (VAT) Representative: Understand the role and requirements of a fiscal representative for VAT compliance.
• VAT Exemptions and Special Schemes:Explore VAT schemes designed to simplify compliance and reduce costs for specific transactions and sectors.
• Understanding Import VAT: Examine the link between customs declarations and import VAT, including postponed VAT accounting.
• Understanding Exports and VAT: Learn about evidence requirements for zero-rating exports, challenges with the EXW Incoterm, and applying the Reverse Charge Mechanism.
• Complex VAT Cases: Understand complex VAT scenarios such as triangulation and Onward Supply Relief and their impact on international transactions.
• OSS and IOSS: Get to know the EU's One Stop Shop (OSS) and Import One Stop Shop (IOSS) schemes and how matter to businesses trading with the EU.
• Record-Keeping Requirements: Review the latest record-keeping requirements for businesses, including online marketplaces and platforms.
• VAT in the Digital Age: Discover modern VAT measures such as e-invoicing, real-time reporting, and updated rules for the digital economy.
• Fight Against VAT Fraud: Learn about initiatives to combat VAT fraud and their impact on businesses.
• E-Invoicing: Understand the effects of e-invoicing rules on VAT compliance and reporting.

We'll explain abbreviations and jargon to make the material accessible, feature interactive exercises to reinforce your understanding, and include a quiz to test your grasp of the topic. Regular 'Pause & Reflect' sessions will help assess your comprehension and encourage discussion. Active engagement is encouraged to maximise learning outcomes. This course is thoroughly updated to reflect the latest changes in VAT procedures, and each participant will receive comprehensive course notes and a detailed glossary of key terms.

What You Will Walk Away With:

• Certificate: A formal recognition of your  achievement in mastering VAT in cross-border trade.
• Full Slide Deck: A comprehensive resource to aid in daily work and training others.
• Supportive Material: Includes jargon-busting  guides, checklists, cheat sheets, and a detailed glossary for ongoing      support.

Testimonials:

"The training was incredibly detailed and interactive. It clarified many VAT issues we faced." — Emma Dawson, Trade Compliance Specialist.

"Highly engaging and practical. The course covered everything we needed to know about VAT in international trade." — James Turner, Logistics Manager.

Trainer/Instructor: Arne Mielken is a seasoned customs and global trade expert with extensive practical experience. He is also a qualified trainer with a background in teaching at Friends' School in Hobart, Tasmania. For more information about Arne, visit his biography here. To see his teaching style, visit our YouTube Channel. Arne's engaging style ensures a dynamic learning experience. If Arne is unavailable, one of his skilled colleagues will substitute.

Expected Outcomes: By the end of this training, participants will be able to:

• Effectively Manage VAT on International Transactions: Apply practical knowledge to handle VAT in cross-border trade.
• Reclaim Import VAT Accurately: Navigate the processes for recovering VAT on imports.
• Understand VAT Registration Requirements: Know when and how to register for VAT in different jurisdictions.
• Avoid Common VAT Mistakes: Implement strategies to prevent errors and ensure compliance.
• Maintain Proper VAT Records: Keep accurate records to support VAT claims and compliance.

Are the times and dates not suitable for you and your company? Call +44 79 14 650 183 or e-mail info@customsmanager.org to discuss your requirements. 

Do you prefer in-house training? 

Call +44 79 14 650 183 or e-mail info@customsmanager.org to discuss your requirements. 

Why Our Training is Unique: Our approach integrates theoretical knowledge with practical application, setting us apart from conventional programs. We focus on equipping you to apply your knowledge in real-world scenarios, encouraging reflection, dialogue, and active participation. With experienced instructors, our courses offer valuable insights and hands-on expertise, ensuring an immersive and practical learning experience.

Booking and Practical Details:

• Course Format: Online, using Zoom (Please ensure your Zoom is updated with the latest version)
• Course Duration: 4 Hours
• Course Dates: Various; see website
• Course Delivery: Live training, delivered online in real-time
• Booking: Use the online form, call +44 79 14 650 183, or e-mail info@customsmanager.org
• Terms and Conditions: Review our terms and conditions before signing up.