Program Brief

Value Added Tax is an indirect tax levied on all goods and services that are bought and sold by businesses, with some exceptions. The value-added tax is currently applied in more than 160 countries around the world, as it is a primary source of income that contributes to strengthening the budgets of those countries. The training program covers the basic concepts of VAT and the types of people who must be registered in VAT, as well as taxable and non-taxable supplies in the KSA and the mechanism for calculating the tax due and preparing tax returns.

Program Goals

At the end of the training program, the participant should be able to:

  • Having a strong understanding of what value added tax to track its impact on supply chain.
  • Training in dealing with the requirements of issuing invoices to know how to calculate the tax due and dealing with the tax return and submitting it.
  • Study and understand the penalties associated with tax handling errors in order to prevent non-compliance and, and therefore take steps to object to decisions of the Zakat and Income Authority in the correct manner.
Jadarat
Program Agenda
Module 1: Basic Concepts of Value Added Tax
  • 1 The importance of tax to support the state's public finances

    • 2 Supply chain and value-added application method

      • 3 Tax identification number

        • 4 Tax period

          • 5 Extension of time to pay tax

            Module 2: Persons to be Registered for VAT
            • 1 Taxable Persons Required to Register

              • 2 Mandatory registration for non-residents of the Kingdom

                • 3 Optional registration

                  • 4 Tax group registration

                    Module 3: Exempt Supplies and Zero-rated Supplies
                    • 1 Exempt supplies

                      • 2 Zero-rated supplies

                        Module 4: Tax Returns
                        • 1 Components of the tax return and how to fill out the tax return form

                          • 2 Tax return filing deadlines

                            • 3 Tax penalties

                              Program Requirements

                              Not Available

                              Program Path

                              Names of the training programs that are integrated (enriched) with the training program:

                              • Not Available

                              Names of the training programs that after the training program:

                              • Not Available
                              Program Method
                              • Lecture
                              • Case Studies
                              • Practical Implementation
                              • Exercises and assignments
                              Evaluation Method
                              • Pre Exam
                              • Post Exam
                              Training Type
                              • In Class Training
                              • Online Training

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