The Fundamentals of Value Added Tax (VAT)

The Fundamentals of Value Added Tax (VAT) Workshop

The Fundamentals of Value Added Tax (VAT)

This workshop is designed to create awareness on major Value Added Tax (VAT) issues inherent in
business. The workshop focuses on the fundamentals of VAT, an understanding of which will enable
participants to incorporate tax factors into their business, and general undertakings.

Participants will become more familiar with their VAT obligations as well as the basis for VAT in relation to the operation of a business or company.

At the end of the workshop participants will participate in basic VAT computations and other case studies designed to test their understanding of the key concepts and to apply these concepts practically to situations

Description

This workshop is designed for investors, accounting and finance professionals, small and medium size business owners, self-employed persons and employees generally. At the end of this workshop, participants should be able to identify and apply fundamental concepts of Trinidad and Tobago VAT law, Understand their VAT obligations and have a greater awareness for VAT compliance and apply critical thinking to resolve basic VAT issues.

Topic to be covered

Topics to be covered include:
What is VAT?
The VAT Event
Transactions subject to VAT
Accounting for VAT – place, time, value – Output tax, Input Tax, Tax invoices
Assessments and Objections
Case Studies

Register Today!

Programme Date: March 13th, 2021
Programme Times: 9:00 am – 4:00 pm
Programme Cost: $1,800
Method of Delivery: Online
For more information contact openenrolment@lokjackgsb.edu.tt or
645-6700 ext. 411/286

In-Company Customised Programmes
Have a group of ten (10) or more?
You can host this training at your location.
We can bring this workshop or any of our Executive Education Workshops to your location.
Our In-Company Team can deliver content that is totally customised to your organisation’s needs.
You choose the dates and we come to you.