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

Treasury Products Workshop

Discover what leads to successful treasury management today
  • The course will demonstrate cash treasury products and derivative products, including:

    • Description and definition of each product
    • How the product price is arrived at
    • Market jargon and terminology
    • Product applications and uses
    • Risk factors of using products
    • Key product strategies
    • Product marketing and selling characteristics
    • Product marketing case studies and role-play

    Course overview


    Sound treasury management ultilises the right financial products to manage risk, capitalize cashflow and minimise debt financing. This 4-day programme will therefore provide you a comprehensive understanding of the products used by banks and corporate treasuries in today's successful treasury management, an insight into the best borrowing sources and investments and when and how to use them, together with an insight into the essential processes to the smooth day-to-day running of your insitution's finances. The course also provides an overview of the structure and key functions of the treasury and how to implement a robust risk management strategy to weather today's tough market conditions.

    Methodology

    • The programme uses traditional tried and tested techniques including lectures, worked examples, realistic case studies and role-plays
    • The programme is designed to show the products in a highly practical way, without overcomplication and with clear illustrations so that participants may really understand key concepts
    • Comprehensive product notes are provided for future reference
  • Registration commences at 8:30
    Programme runs from 9:00 - 5:00 daily


    Day 1


    Cash market products and money market products

    A review of what money markets are Time deposits
    • As investments
    • As short-term funding
    • Placing and recovery
    • Domestic and off-shore
    Certificates of deposit
    • As investments
    • Benefits in liquidity management
    • Enhancing returns by trading
    Bill of exchange, promissory notes and commercial paper
    • As sources of short-term finance
    • As investments
    • Operating clean acceptances
    • Operating documentary acceptances
    • Evaluating costs
    Sale and repurchase agreements
    • Uses in raising cash
    • Uses in reverse repo
    Course drinks

    Day 2


    Foreign exchange market products

    A review of some forex mechanics
    • How the market operates
    • How spot rates are quoted
    • How forward rates are quotes
    Spot foreign exchange transactions
    • Delivery and operations
    • Assumption of risk and exposures
    Forward foreign exchange outrights
    • Costs and gains from interest differentials
    • Forward options
    • Constructing the hedge
    • Evaluating its outcome
    Foreign exchange swaps
    • Uses in liquidity management
    • Funding and investment swaps
    • Time management and position moving

    Day 3


    Derivative market products

    A checklist of derivative products
    • What are derivative products?
    • Where do they come from?
    • What are the general risks in these products?
    • Gearing and leverage
    • Contracts for differences
    Futures contracts

    General overview of exchanges, terminology and principles

    Currency futures

    • Creating FX hedges and their evaluation
    Time deposit futures

    • Hedging money market borrowing and investment income
    Bond futures
    • As surrogate bonds
    • General principles of trading and hedging
    Swaps contracts

    Long-term currency and interest-rate swaps
    • General overview of the swaps market
    • Cross currency index swaps
    • Creating fixed to fixed swaps
    • Creating long-dated FX contracts
    • Long-term foreign currency funding
    • Improving market access
    • Hedging long-term cashflows
    • Interest rate (plain vanilla) coupon swaps
    • Index swaps
    • Amortising swaps
    • Forward start swaps
    • Hedging future long-term funding issues 

    Day 4


    Using options

    Currency and interest rate options
    • Using options to manage currency risk
    • The decision taking process
    • Setting up strategies
    • Premium reduction strategies
    Interest rate options
    • The decision taking process
    • Setting up strategies
    • Premium reduction strategies
    Caps and floors
    • Using options in the medium term
    • Premium reduction devices

    Course summary and close
  • Our Tailored Learning Offering

    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 and dramatically increase your ROI.

    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

Instructor

  • Paul Kitching

    Biography

    The Course Director was the Strategic Development Manager at the London International Financial Futures Exchange (LIFFE), where he was responsible for the research and definition of new specialist swap and risk transfer contracts. Prior to this, he was Head of Interest Rate Product Development with responsibility for the maintenance of the existing product range and the development of new products.He began his career with Ernst & Young and Grant Thornton as a tax specialist, before moving into corporate treasury management at Royal Mail where he was project leader for a treasury and risk management group. In this role he developed risk management protocols and procedures for the use of derivative products. He was responsible for recommending the optimal combination of product types and features for a wide range of situations. Following the completion of a quantitative finance masters degree, he became senior lecturer in Corporate Finance and Taxation at the University of Greenwich. He is a visiting lecturer to Cass Business School on their Executive MBA programme. He is a panel member for the Securities Institute, a member of the Association of Corporate Treasurers and an associate of the Institute of Taxation.

Venue

Marriott London County Hall

This course will be held at Marriott London County Hall in Central London. We strive to provide you with a training environment of the highest quality, to ensure that the whole learning experience exceeds your expectations.

As such we have detailed our most frequently used training destinations in London on this map. If you need help booking accommodation for your visit to our training courses, please contact accommodation@euromoney.com and one of our partners will help you get the best rate possible.