Building on the success of its industry-leading series of Insurance Premium Tax (IPT) Training courses, premium tax specialist FiscalReps is continuing its support of the insurance professional community with a brand new series of VAT Training courses.

Mike Stalley FCA, Founder and Chief Executive of FiscalReps, says: “The fully-booked set of Basic, Intermediate and Advanced level IPT courses we held in 2012 at our offices in Fenchurch Avenue, London received extremely positive feedback. Given this, we have decided not only to host further sets of these highly popular courses in 2013, but also to add three levels of VAT training courses to our training curriculum.”

“FiscalReps’ one-day training courses take away the stress that insurance professionals feel in the notoriously complex field of tax compliance. In an ever-increasing compliance driven environment, we believe that training staff in the area of VAT compliance can have a direct financial benefit by mitigating the risk of premium tax non-compliance.”

Commencing on 24, 25 and 26 June 2013, FiscalReps’ new VAT training is organised into three separate courses – ‘Basics’, ‘Intermediate’ and ‘Advanced’. Providing ample practical and technical knowledge of VAT, the training offers attendees the opportunity to make an immediate and positive impact within their organisation.

The ‘VAT Basic’ course covers how VAT works across the EU, using the UK as a particular example. It also considers regional differences and the basic responsibilities such as registration and submission of returns.

Building on the knowledge gained on the Basics course, ‘VAT Intermediate’ considers more detailed VAT issues that arise for insurance businesses in the UK and across the EU and the consequences of writing business in EU and non-EU countries.

‘VAT Advanced’ examines international issues in detail, as they apply to insurance groups. VAT grouping is also explained, together with anti-avoidance provisions and interpretations of the tax authorities, among other issues.

FiscalReps’ IPT Training for 2013, meanwhile, recommences on 4, 5 and 7 March and offers a comprehensive guide to all aspects of IPT compliance.

Dates of all FiscalReps VAT and IPT training courses for 2013 can be found at www.fiscalreps.com/training, which also provides full content guides. In addition, FiscalReps offers bespoke training services, delivered in-house to management teams, upon request.