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

Module 2: Introduction to Hedging on the LME with Futures & Options

Develop your skills with hedging strategy and management of price risk
  • This course represents module 2 of the LME 2-day Introductory Course (Modular Course)

    The LME’s 2-day introductory course is made up of two separately bookable modules:



    This course aims to provide a thorough understanding 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.


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

    You may also be interested in attending a third day of training to complement what you learn in the 2-Day Introductory Course. The add-on day focuses on physical trading processes and LME warehousing operations.  If you wish to book this course in conjunction with the 2 day training, please contact martin.harris@euromoney.com

    What will you learn

    • Learn how effective price risk management can be achieved with LME contracts
    • Understand the benefits of hedging with futures
    • Develop a knowledge of option hedging strategies and their outcomes
    • Work through interactive workshops on hedging futures & options.

    Who should attend


    This course is suitable for you if you want to know more about metals futures and options, 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.
  • 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

     

  • 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

  • Robert Fig

    Biography

    Robert is among the world’s most highly recognized commodity risk management educators and a long-time consultant to global industry. His unique insight and wisdom have been developed through 38 years of accumulated experience with base and ferrous metals, energy, soft commodities, shipping and carbon and is supported by a postgraduate level education in economics and development studies. Deep-seated risk management know-how was acquired from his work in banking, trading and commodity research. Many important years were spent employed by highly respected companies such as Bank of Nova Scotia, Mittal Steel (later ArcelorMittal) as well with as the London Metal Exchange. Various global, regional and academic institutions have also consulted Robert for his well-known expertise in the field. He has recently teamed up with The Metals Risk Team of David Waite, Michael Lockwood and Fred Demler three highly experienced members of the metal community.A leader in best practice education for commodity risk management, he has been relied upon by the LME to provide their global bespoke training for senior decision makers at major mining, industrial and global institutions who rely upon the exchange. His simple, inclusive and engaging teaching methods have and continue to garner high praise from those he trains.