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(4.7/ 5) 24 Reviews
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.
(4.7/ 5)
24 Learner Rating
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.
Banking
Capital Market
Insurance
Financing
Accounting and Finance
Not Exist
Lecture
Case Studies +2
Lecture
Case Studies
Practical Implementation
Exercises and assignments
Pre Assessment
Post Assessment
Procurement
Sales and Distribution / ...
Procurement
Sales and Distribution / Intermediaries
This provides you with the opportunity to select the available times that suit you best for participation in our program. These times represent slots during which we are ready to welcome you and provide assistance and guidance.
In Class Training-Online Training
The importance of tax to support the state's public finances
Supply chain and value-added application method
Tax identification number
Tax period
Extension of time to pay tax
In Class Training-Online Training
Taxable Persons Required to Register
Mandatory registration for non-residents of the Kingdom
Optional registration
Tax group registration
In Class Training-Online Training
Exempt supplies
Zero-rated supplies
In Class Training-Online Training
Components of the tax return and how to fill out the tax return form
Tax return filing deadlines
Tax penalties
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.
