The course will cover VAT areas that practitioners and their staff encounter when dealing with owner managed clients. Topics covered will include: Registration issues – UK and overseas, Common output tax liability errors, Input tax recovery on directors, staff and freelancers’ costs, Business entertainment and subsistence issues, Business gifts – when we can and cannot recover VAT, Dealing with international transactions, Understanding transactions involving agents, Common problems with the CIS domestic reverse charge, VAT issues when refurbishing or converting properties, Minimising VAT penalties