VAT Introduction and Basic Concepts Course
Introduction to VAT
VAT Introduction and Basic Concepts Course udemy course free download
Introduction to VAT
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 session 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
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About the Presenter:
Ruzel van Jaarsveld
Ruzel has over 26 years financial and bookkeeping experience, working with many industries and corporate environments, with extensive knowledge and practical application of trial balance, payroll, VAT, PAYE returns, Inventory control, Management Accounts, E-filing and Procedures of Importing and Exporting.
Ruzel is a seasoned appointed facilitator with Biz Facility, and for numerous years has been presenting various national practical financial workshops to business owners and corporate financial staff.
