Reclaiming Your VAT

Reclaim the VAT on your Euromoney Training Courses in the UK

Why am I being charged VAT?
The EU VAT Directive stipulates that all training and educational courses that are provided in the UK must include a VAT charge on payment.  

Can I reclaim my VAT back?
Overseas delegates who attend our courses in the UK are eligible to claim their VAT back once it has been paid.    

How can I claim the VAT back paid on a course?
There are two ways in which you can claim back VAT back from the UK.

Option 1 - Directly through HM Revenue and Customs

The most cost-efficient way is to claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form. 
For European clients, please refer to form VAT 65
All other clients, please refer to form VAT 65A.

Option 2 - Through our Recommended VAT Reclaim Service – VAT IT
The specific rules for VAT reclaim will vary according to the laws of your country of residence. This can be complicated and time-consuming. 

Euromoney have an exclusive partnership with VAT IT, specialists in international VAT reclaim.  VAT IT will review, process and submit your VAT refund on your behalf. 

VAT IT will charge a percentage of the VAT refund if/when it is successful. 

If you want to find out more about this service, please email your details to: euromoney@vatit.com  

You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.

RECLAIMING YOUR VAT WITH VAT IT

Course details

Download course brochure

Mastering Project Finance Models e-Learning

Our comprehensive project finance modelling course - online!
  • Complete this course along with the Project Finance elearning to qualify for Euromoney’s “Project Finance Practitioner” certificate and receive a 25% discount on both courses if booked together.

    Course Overview

    This course uses a building block approach to demystify the process of building complex project finance models. With detailed cell by cell instructions (and explanations) in both printed and video format, the course takes you step by step through the process of building a sophisticated project finance model. This course is a “must-do” for the serious project finance practitioner.

    Over 16 modules you will learn about modelling best practice, build key Excel skills and use a building block approach to create a full scoped project finance model. Each of the 16 modules contains the following core elements:

    • E-learning: Used to explain overall structure and modelling logic by using interactive examples and visual diagrams

    • Excel Skill Builder Sections: Used to progressively develop your knowledge of Excel functions, improve your modelling skills and refine your modelling techniques.

    • Video Demonstrations: Video demonstration of each step of the model building process with full on-screen explanations. Re-wind and review unlimited times as you build your model.

    • Printed Explanations: Detailed printable cell by cell instructions and explanations for each step of the model building process (over 350 pages across the 16 modules).

    • Spreadsheets: Blank and completed versions of spreadsheets so you can check your work at each step along the model building process.

    • Instructor Support: Unlimited one-to-one instructor support.


    By the end of the Course you will have built a model with:


    • monthly construction drawdowns

    • two tranches of construction debt

    • flexibility to choose one of three drawdown options i.e. equity first, pro-rata debt and equity drawdown, equity on completion

    • two tranches of term debt with the flexibility to model interest only periods, quarterly inputs for base rate, margins, hedging percentage and swap rates. You will also be able to model quarterly, semi-annual or annual repayment profiles

    • debt service reserve with the flexibility to model a 3, 6, 9 or 12 month reserve

    • revenues and operating costs with indexation

    • a major maintenance reserve with progressive build up of funds and flexibility to change the period over which it is built up

    • a detailed depreciation schedule with the flexibility to use straight line depreciation, accelerated depreciation, no depreciation or immediate write-offs.

    • Project cashflow analysis with all the key metrics e.g. DSCR, LLCR, PLCR, IRR, Payback periods, distribution lock-up

    • Financial statements (both quarterly and annual)


    In addition, you will learn how to carry out sensitivity analysis, scenario analysis and break-even analysis.


    Testimonials

    The building block approach made it really easy for me to build an otherwise quite complex model. The step by step instructions and detailed explanations of all the formulae are a great reference. - Garth Alvares Consultant, Transport industry, Australia

    I found the Mastering Project Finance Models Course invaluable and would give it an overall rating of 9 out of 10. - Stephen Murefu, REESCO, South Africa

    EXCELLENT , EXCELLENT and EXCELLENT preparation and insight into project finance modelling - Abdikhani Ali Aden – Nairobi, Kenya

    Excellent course, lot of material, easy to understand, easy to use with new staff. - Magdalena Perruti – Uruguay, Big Four Accounting Firm


  • This course is available “on-demand” and is self-paced allowing participants up to 12 months to complete the course requirements. It uses a building block approach and includes detailed cell by cell instructions in both printed and video format. It takes about 40 hours to complete. This course is a “must-do” for the project finance practitioner.

    Module 1: Introduction to the Course
    Module 2: Modelling Best Practice
    Module 3: Model Assumptions
    Module 4: Model Building Steps and Excel Essentials
    Module 5: Construction Costs
    Module 6: Construction Funding
    Module 7: Term Debt
    Module 8: Revenues
    Module 9: Operating Costs
    Module 10: Major Maintenance
    Module 11: Depreciation
    Module 12: Working Capital
    Module 13: Tax
    Module 14: Project Cashflows
    Module 15: Financial Statements
    Module 16: Using the Model

  • Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course.

    Our Tailored Learning Offering

    If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

    We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

  • We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

    We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

    • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
    • Track record – we have delivered training solutions for 95% of worlds’ top 100 banks and have trained over 250,000 professionals.
    • Knowledge – our 150 strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
    • Reliability – if we promise it, we deliver it. We have delivered over 20,000 events both in person and online, using simultaneous translation to delegates from over 180 countries.
    • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 96% on service and 95% on product
This course can be run as an In-house or Tailored Learning programme