Online Course
Apr 15, 2020 - Apr 22, 2020
11 Students Enrolled
Price€75
Payment MethodBook Now

Course overview:

Value Added Tax (‘VAT’) is a general, broadly based consumption tax assessed on the value added to goods and services. The EU VAT Legislation instrument ‘Council Directive 2006/112/EC’ provides for a common harmonised system of VAT whilst the VAT Act (Chapter 406 of the Laws of Malta) is the corresponding VAT legal instrument at national level. During these sessions we will go through the basic concepts and scope of VAT, the main principles and obligations in connection therewith and we will discuss a methodical approach to arriving at the correct treatment of a VAT transaction. Also, we shall be covering the place of supply rules for both goods and services (in brief) and we will end this course with the pertinent VAT compliance obligations such as VAT registrations and the submission of the VAT Return.

Audience:

The training course is particularly suitable for professionals, who would like to obtain or consolidate the basics of VAT. This session may also be applicable to students who will be sitting for ACCA – Advanced Taxation examination.

Keynote:

No basic knowledge on the subject matter is required.

Dates: 

Wednesday 15th April 2020  & Wednesday 22nd April 2020

Time-table:

Wednesday 15th April 2020

08:45 – Registration

09:00 – 10:30 – Part 1

10:30 – 10:45 – Coffee Break

10:45 – 12.00 – Part 2

12:00 – 12:15 – Question time

Wednesday 22nd April 2020

08:45 – Registration

09:00 – 10:30 – Part 1

10:30 – 10:45 – Coffee Break

10:45 – 12.00 – Part 2

12:00 – 12:15 – Question time

CPE Accreditation:

6 core hours (Awaiting Accreditation)

Tutors:

Christabel Spiteri

Course Agenda:

  • To go through the basic concepts of VAT and to understand the scope of VAT;
  • To outline and interpret basic definitions which are fundamental to analysing the VAT treatment of a transaction;
  • Thought process by being methodical – five question approach;
  • The place of supply rules – goods and services;
  • VAT exemptions;
  • VAT Registrations and other VAT compliance obligation.