Understanding of International Trade European Union (EU) VAT System Non-EU countries & Single Market
Acquisitions and Dispatches Reporting Requirements Introduction to the UK TAX SYSTEM Different Types of taxes in the UK
Difference between TAX EVASION AND TAX AVOIDANCE
Difference between Direct and Indirect Tax Identify the correct headings under which main sources of income are taxed.
Examples of Non-Taxable Income and Taxable Income
Set out an income tax computation in the standard format
Compute taxable income
TAX RETURN SUBMISSION AND DATES
Penalties and Charges for late submission of Tax Returns
Apply the correct tax rates, distinguishing between savings income, dividend income, and
Identify personal allowances to which the taxpayer is entitled and explain the conditions which apply
National Insurance Contribution Class 1 P.A.Y.E
Corporation tax return CT 600
The Corporation tax practical training allows you to master the calculation and preparation of Corporation tax returns and allows you to understand the corporation tax year end for Accounts purposes.
You will be able to:
Understand Corporation tax rules and regulations .
Perform corporation tax calculations on actual companies.
Understand Corporation tax returns and how to fill up the returns
Prepare Corporation Tax control accounts
Perform year end journal entries related to Corporation tax for the finalization of Statutory Accounts Production
Understanding Directors loan account and Corporation Tax
Understanding Losses and dealing with them for Corporation Tax
Charities and Corporation Taxes
Keeping records and ensuring Compliance with HMRC
Learn how to operate Sage Corporation Tax and use Micro Soft Excel for the Corporation tax purposes
Sage Accounts Production Advanced (SAPA)
The FRSSE is a standard that may be applied by companies that qualify as small under the Companies Act and other entities that would have qualiﬁed as 'small' had they been incorporated. It brings together the relevant accounting requirements and disclosures from the other accounting standards and UITF Abstracts, simpliﬁed and modiﬁed as appropriate for smaller entities. It also includes relevant Companies Act requirements.
Do you want to upgrade you skills from BOOKKEEPING to FINAL ACCOUNTS level and not getting a chance to learn new things!!
Do you want to get full exposure of Management accounts and submission rules to companies house
Do you want to learn how to deal with small and medium company accounts and submission of Abbreviated Accounts
Our Sage Accounts Production Advanced (SAPA) Training contents include:
Importing data from Sage line 50 as per initial Trail Balance and completing the ﬁnal control accounts.
Posting client and initial trail balance on SAPA, Navigating your way around the SAPA;
Creating a client and amending the client database;
Posting of clients data, including current year and comparative data;
Working paper reports including lead schedules, trial balance, general ledger and audit trail;
Working efﬁciently with documents and posting of data, including "Copy Document";
Entering "Disclosure data"; As Per FRSSE and other relevant standards. Working with ROP's. Report Pads and Headings;
Report Pad formatting - producing enhanced notes and reports; Producing draft and ﬁnal ﬁnancial statements;
Completing and understanding the compliance as per company's house. Year end process.
Making Abbreviated accounts of the company
Finalizing the accounts and making the ﬁnal ﬁle of the company for partner review.
Learning how to do ﬁling and making indexes of the company ﬁnal accounts ﬁle.
This course provides an overview of the latest version of the FRSSE, which is applicable for accounting periods beginning on or after 6 April 2008, and would beneﬁt anyone who is involved in the preparation or review of the ﬁnancial statements of small private entities.
Learning outcomes include obtaining a greater understanding of:
What the FRSSE is and who can & can't use FRSSE.
Differences between the FRSSE and full UK GAAP
The revisions to the FRSSE applicable for accounting periods beginning on or after 6 April 2008
In addition to the Sage 50, Quick Books, Excel Bookkeeping and Sage Payroll, you can also choose 2 additional software from a list of 11 different options.
TAS Books Payroll
Adv. Bookkeeping Cert.
OCR Level 2
SAP End User
Benefits of Skills Training
GUARANTEED WORK PLACEMENT either in our accountancy practice or with our
In-house recruitment facilities
Certification on completion provided by KBM Certified Chartered Accountants and
Reference provided by KBM Certified Chartered Accountants and Registered
Counts towards your experience necessary for ACCA, AAT, FIA, CIMA, CIPFA or
any other accountancy organisation's memberships
FREE complete preparation for the OCR qualification*
One to One CV Consultations and Mock Interview Sessions
Pre-interview screening tests, increasingly used by employers to select
Job Hunting tips
Free Sage or QuickBooks software (Worth over £900)
Please refer to our terms and conditions
Each training session has a few candidates delivered in a friendly and relaxing environment, which gives
candidates the opportunity to ask questions and raise issues freely. You can be assured that you will receive one
to one individual attention from our team.
The 12 Months Skills Training is ideal for:
Those who have no prior experience or qualification in accountancy
Candidates currently studying ACCA, AAT, FIA, CIMA, CIPFA or other accountancy
and payroll qualifications but have no practical accountancy and payroll experience
Candidates with overseas accounting and payroll experience but not within the UK
Candidates new to Computerised accounting and payroll
Candidates new to accounting and payroll, looking forward to maintaining their
own accounts and payroll records to reduce their costs