R565.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Taxation
Lecturer:
Biz Facility
Duration:
120 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
VAT training is a very important part of professional business development and can save a company huge amounts of money, if executed correctly. VAT management can be extremely complicated if the necessary knowledge is not available in an organization. VAT management is also beneficial for businesses so that violations and penalties are avoided as much as possible.
Whether you are a seasoned VAT professional or a learner wishing to skill yourself up, this course is for anyone wanting to learn or at the very least see if existing VAT practices in an organization are correct.
Topics Discussed:
- Characteristics of taxable supplies – goods and services
- VAT rates and exemptions
- Deduction and recovery of VAT
- What I can and cannot deduct
- Accrual VS Payment Basis
- Administration of VAT
- Input and Output VAT
- Categories of supplies
- Taxable Supplies
- Reduce rated Supplies
- Zero-Rated Supplies
- Exempt Supplies
- Zero Rated VS Exempt
- VAT Categories
- Important things to know when registering
All Included:
- Video presented course
- Downloadable course material
- Certificate of training
- Assessment (optional)
- SAIT Accredited - 4 Verifiable CPD Pointss