Using practical examples, quizzes and case studies, this course enhances the understanding of the mechanics of VAT calculations, the categories of goods and services VAT is likely to be applied to, and the VAT treatment applicable to different types of supplies.
E-learning modules are available to introduce the essential VAT concepts for newcomers to VAT, or as a refresher for those who have past experience in this area.

• The mechanics of VAT calculations and VAT accounting
• What is Output and Input VAT?
• The applicable rates of VAT (standard, zero) and which goods and services are taxable
• Exempt goods and services, and the implications of being an exempt business
• Partial exemption rules for businesses making both taxable and exempt supplies
• VAT treatment of import and export, acquisitions of services from non-residents, intra-GCC supplies, and the determination of the “place of supply” of goods and services
• The commercial implications of VAT on businesses
• Resource requirements: human, technical and professional

Course Type:

Training Course

Study Mode:

Classroom

Location:

Abu Dhabi

Fees:

$1,800

Certification:

Certificate by PwC

Date:

08/03/17