VAT & Billing for Law Firms
Between 2 and 3 hours duration depending on the number of questions raised during the session.
Who is it for?
Those in legal finance or management, providing guidance on key aspects of VAT and VAT Billing compliance, including the treatment of disbursements and recharges. If you are new to your role or require a refresher on the subject.
What will you gain?
- Confidence that your accounting and billing procedures are in order and up to date, post Brexit
- Practical guidance and information on specific VAT and billing issues in law firms
What will it cover?
- Types of supply
- Time of Supply and Tax Points
- VAT rates
- Accounting for VAT
- Reverse Charge
- Bad Debt Relief
- Disbursement -v- Recharge
- Place of Supply and supplies relating to land
- VAT Invoices & Overseas clients
- Credit notes
- Third party payers
- Layout
- Statute and Bill of Account Invoices
BY BOOKING THIS TRAINING YOU ARE CONSENTING TO THE SESSION BEING RECORDED AND DISTRIBUTED TO ALL REGISTERED PARTICIPANTS.
All of our online training is live and interactive, enabling you to liaise and pose questions to our experienced experts during the broadcast. All of the experts have worked, or work in legal practice, dealing with all aspects of legal finance, enabling them to share their in-depth knowledge and experience in compliance areas such as the changes to the new SRA Accounts Rules.
They are broadcast live on the advertised date and time and can be continuously replayed for up to 30 days after broadcast. You will receive an email with the replay link as soon as possible once the webinar has concluded.
Upon completion of the online training you will be presented with a set of multiple choice questions to demonstrate your understanding. You are required to obtain a 75% pass rate in order to obtain the CPD points and certificate. If you score below that mark, we will provide advice and guidance on additional courses and training workshops you can take to further your knowledge.
3 hours of CPD training applicable.
Why attend online?
We appreciate that attending half and full-day classroom style workshops is not always possible or convenient and that they can involve additional costs such as travelling costs or impact on time. Our live interactive training means you can obtain CPD training without having to leave the comfort of your desk.
FAQs
Cancellation requests must be in writing. The fee remains payable and is non-refundable but delegates may transfer, on request, to another online training if appropriate, a discretionary fee may apply.
In the case of cancellation by the ILFM we will refund 100% of the fee, or allow a free transfer. In the event of a cancellation at any time by the ILFM, for whatever reason, liability will be limited to a refund of any delegate fee paid.
The ILFM accepts no responsibility or liability for any injury, illness or otherwise which may be attributable to the facilities or services provided at any venue.
FAQs
Where can I contact the organiser with any questions?
For further information, or to pay by BACS or cheque, please contact the ILFM office on 020 8302 2867, or by email to helen@ilfm.org.uk