This one-day course will teach you about VAT, how ti works and how to calculate it, understanding its impact and registering for it, and cover the items where VAT is applicable.
Overview:
Living in UAE implicates that proper knowledge of VAT could be really helpful especially under the circumstances where VAT is about to be introduced.
This one-day workshop will teach you about VAT, how ti works and how to calculate it, understanding its impact and registering for it, and cover the items where VAT is applicable.
It is about 8-hours session where the participants will learn about the principles of VAT, its impact and how it will govern the businesses and individuals in UAE.
Areas Covered:
- Introduction to Tax, Types of Taxes, Role in Economy.
- VAT in Tax Life Cycle
- VAT Application to GCC Imports and Exports
- Identification and difference of VAT Categories – Zero Rated and VAT Exempt.
- How to assess VAT impact on your business.
- VAT invoices and their calculation.
- Dealing with common VAT errors. Much More…
Introduction to Tax, Types of Taxes, Role in Economy.
1.2 VAT in Tax Life Cycle
1.3 VAT Application to GCC Imports and Exports
1.4 Identification and difference of VAT Categories – Zero Rated and VAT Exempt.
1.5 How to assess VAT impact on your business.
1.6 VAT invoices and their calculation.
1.7 How to pay and Refund VAT.
1.8 Dealing with common VAT errors
Asif Ahmed
- ACMA, CPA, APFA, M.com, B.com
- 9 Years of practical accountancy experience
- 4 years of teaching experience
