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

LME 2-day Introductory Course (Modular Course)

Enhance your knowledge in trading & hedging with futures and options now!
  • The LME 2-day Introductory Course will provide you with an understanding of the key services provided by the LME and demonstrate how these services can improve your organisation’s approach to price risk management. Both theoretical and practical skills developed at this course can be applied easily in the workplace.

    It provides an overview of operations, structure, products, trading terminology and procedures. The course will also enhance your knowledge of the basics of hedging with futures and options, covering the market terminology, pricing, trading strategies and margining of LME contracts. Topics include how to lock-in future selling and purchasing prices, causes and management of price volatility as well as different hedging strategies.


    This course is made up of two separately bookable modules which you can book by clicking on the links below:


    New add-on day: Introduction to Physical Trading and LME Warehousing

    You may be interested in attending a third day of training to complement what you learn in the 2-Day Introductory Course and take your knowledge of the LME even further. Introduction to Physical Trading and LME Warehousing focuses on physical trading processes and LME warehousing operations. You can book this course separately or in conjunction with the LME 2-day Introductory Course.   If you wish to book this module in conjunction with the other modules above, please contact martin.harris@euromoney.com

    Is this course for you?

    This course is suitable for you if you have little or no knowledge of the London Metal Exchange’s operations and want to learn how these services can add value to your business.


    Who should attend



    Day 1: Introduction to the LME

    This course is suitable for you if you have little or no knowledge of the London Metal Exchange’s operations and want to learn how these services can add value to your business.

    Day 2: Hedging with Futures & Options

    This course is suitable for you if you want to know more about metals futures and options contracts and the management of price risk on the LME. It is advised that you take ‘Introduction to the LME’ before attending this course to fully benefit from this session.

  •  

    Day 1


    Introduction to the LME

     

    • History, organisation and primary services of the LME
    • Pricing methodology
    • Introduction to hedging
    • Prompt date structure and other LME terminology
    • LME contracts
    • Warehousing and fundamentals of delivery
    • Trading at the LME
    • Understanding the role of an LME broker/dealer
    • Clearing and LME Clear
    • Regulation of the LME

    Day 2

    Hedging with Futures and Options

    • Basic concepts, uses and benefits of hedging with futures
    • Basic hedging examples
    • Contango and backwardation
    • Setting up a hedging team
    • Hedging with Monthly Average Futures
    • Basic concepts, uses and benefits of hedging with options
    • Options terminology
    • Risk implications and motives
    • Options pricing models
    • TAPOs
    • Selling an option

  • 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

Instructors

  • Robert Fig

    Biography

    Robert has recently set up his own commodity risk management consultancy. He comes with 38 years of experience in the commodity markets. From post-graduate studies in economics and development studies in South Africa, he moved into mining and agricultural commodity research, then into a base metal marketing capacity at a number of institutions, most notably the Bank of Nova Scotia. In 2004 working for Mittal Steel and later ArcelorMittal, he set up, centralised and ran a commodity risk management operation for the world’s largest steel producer giving him invaluable experience inside a major industrial institution. Robert has also been consulted by various global, regional and academic institutions on commodity risk management. After joining the London Metal Exchange in 2011 Robert ran over 60 public and bespoke training courses in commodity risk management. Robert has significant experience in analysing commodity risks in softs, metals, energy, shipping and carbon both in exchange and OTC products. He has delivered training to senior decision makers at major mining, industrial and global institutions across the world helping them to understand best practice in the management of their commodity risks As a widely considered world leader in this field his career has delved into every area of the commodity markets having worked in research, banking, trading, managing corporate risk, working for an exchange and now adds training to a most interesting career. Robert continues to provide bespoke training services for the LME and Euromoney in the delivery of LME public training. His simple, inclusive and engaging teaching methods have always garnered great feedback from those he trains.
  • Robert Fig

    Biography