VAT explained by a VAT novice
VAT is complex. In this presentation I aim to clarify VAT and how it applies to our dispensing practices. I am not an accountant I am a GP and 12 months ago I knew very little about this topic myself. I want you to share in my learning to help you feel more confident in your exchanges with your accountants. You will of course still need to ensure you have sound professional VAT advice before you act but this should help your understanding.
- Breakthrough some VAT jargon
- Outline areas of dispensing practice with VAT implications
- Explore areas where VAT should be considered when setting up new Primary Care Networks