Disbursements, Searches & Fees - Demystifying the VAT Treatment for Law Firms
Introduction
During this webinar expert speaker Darren Whelan will examine the correct treatment of disbursements for VAT purposes and recharged overheads.
Through a series of scenarios and conundrums, this practical webinar will explore the key issues making it ideal for anyone involved in legal finance and compliance.
Consideration will also be given to HMRC’s definition of a disbursement, the applicable legislation and Notice 700.
What You Will Learn
This webinar will cover the following:
- Disbursement definition
- Qualifying payments
- Disbursement accounting methods (agency and principal)
- Medical reports/records
- Search fees and search agencies
- VAT invoices/bills
- Counsel fees
- Case law
This webinar was recorded on 15th August 2023
You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email [email protected] for more details.