VAT for VAT Registered Councils

This session is for clerks, finance staff and councillors from VAT registered councils, who wish to develop their knowledge of how VAT applies to their council's activities.

VAT registered councils have a 9-digit registration number, submit quarterly VAT returns directly from their accounting software and charge VAT on taxable sales. Councils that submit a VAT126 claim, are not VAT registered and should look at our "Introduction to VAT" course instead.

This session explains when and how VAT registered local councils charge VAT, when they can reclaim VAT and when they can't. Essential for any council contemplating major building work.

Topics include:
• how VAT law applies to local councils
• where to find the law and guidance
• business and non-business activities
• understanding whether sales are taxable or exempt from VAT
• when to charge VAT
• VAT rates
• when VAT can be reclaimed
• VAT returns
• Partial exemption
• Non-business activities
• Reclaiming VAT when using grants and donations

By the end of this session you will:
• Know where to find the relevant legislation and guidance
• Understand the key concepts of VAT
• Know when a council can or can’t reclaim VAT
• Recognise when a council must charge VAT
• Be aware of activities that require special attention

Session leader: Steve Parkinson, The Parkinson Partnership LLP
Steve is a former Town Clerk & an accountant with 30 years’ experience in public sector finance, who specialises in advice & training for the local council sector.