Introducing NECC's new course for 2025 on VAT. Whether you are new to international trade or have been exporting/importing, this course will help you understand the implications VAT can have on your business. This session will help you navigate the complexities of VAT in international trading of goods and support in HMRC compliance requirements.

Topics covered:

• Basic principles
• Place of supply of goods
• Brexit and the hard border
• Requirements for DDP contracts
• Risks with Ex works contracts

 

• Purchases/imports
• Importing goods into the UK
• Import VAT – C79/PVA

 

• Sales/exports
• Conditions for zero rating
• Evidence of export
• Role of the freight forwarder
• Incoterms and contracts

 

• Trading in the EU
• EU to EU supply chains
• EU Triangulation
• Managing EU VAT costs and structuring your supply chains

 

Northern Ireland

• Sales to customers in NI
• Movement of goods between IE/EU and NI
• Movement of goods between NI and GB