VAT Simplified
A general understanding of Value Added Tax (VAT) can aid any staff member assisting with bookkeeping, accounting duties and/or VAT queries and audits.
Rorisa Training’s VAT Simplified Seminar will assist delegates to understand the basics and practical applications of VAT using simple yet practical examples. With this increased understanding will come a reduction in VAT-related errors which often cost a
company time and money. Delegates will immediately be able to apply the new techniques and skills they acquire in the workplace.
TARGET DELEGATES
All financial and administrative managers and staff will benefit from this seminar. It is aimed at anyone who needs to comply with all the statutory requirements as they relate to VAT.
DURATION
This seminar will be run over a half-day in either morning or afternoon sessions of 4.5 hours. Rorisa Training will offer set days for this training throughout the year as advertised on our Upcoming Training Dates page. However, we are always agreeable to providing specific in-house training (on a mutually agreeable date) for clients who have six or more staff wishing to attend.
SEMINAR CONTENT
The following topics will be covered:
About VAT
For pricing on this program, please contact us and to download an information sheet click here.
Rorisa Training’s VAT Simplified Seminar will assist delegates to understand the basics and practical applications of VAT using simple yet practical examples. With this increased understanding will come a reduction in VAT-related errors which often cost a
company time and money. Delegates will immediately be able to apply the new techniques and skills they acquire in the workplace.
TARGET DELEGATES
All financial and administrative managers and staff will benefit from this seminar. It is aimed at anyone who needs to comply with all the statutory requirements as they relate to VAT.
DURATION
This seminar will be run over a half-day in either morning or afternoon sessions of 4.5 hours. Rorisa Training will offer set days for this training throughout the year as advertised on our Upcoming Training Dates page. However, we are always agreeable to providing specific in-house training (on a mutually agreeable date) for clients who have six or more staff wishing to attend.
SEMINAR CONTENT
The following topics will be covered:
About VAT
- VAT Act, Registration & Tax Periods
- Payment vs. Invoice Basis
- Taxable, Zero-Rated, Deemed & Exempt Supplies & Time of Supply
- Determining VAT Output & Input
- Change in Use Adjustments
- Completing the VAT 201 Return
- Payments, Penalties & Refunds
- Reconciliations
- VAT Audits
- Property
- Insurance
- Sale of Used Goods & Assets
- Motor Vehicles
- Fringe Benefits
- Entertainment & Travel
- Trade Discounts
- Prizes
- Subscriptions
- Bad & Irrecoverable Debts
- Valid Tax Invoices
- Valid Credit Notes
- Copies, Faxes & Emails of Invoices & Credit Notes
- Records - Format & Retention
For pricing on this program, please contact us and to download an information sheet click here.
