Last updated 2/2018
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 671.97 MB | Duration: 6h 31m
General Concepts, Operations, Implementation and Accounting of VAT
What you'll learn
Learn Concept and Principles of VAT
Know its implication in Saudi Arabia and gulf
What is subject to standard rate, zero rate or exempt.
How to handle Export and Imports
How to do VAT Accounting for VAT Payable/ Receivable/ Neutral
How to handle discounts and adjustments
How to fill a VAT Return
Requirements
Degree or Diploma in Accounting/ Tax
Description
Tax Accountant are in high*demand now in the Gulf as GCC is implementing VAT.*This course helps the Accountants and the stakeholders to understand*VAT*Concepts and Operations and it*provide guidance on VAT Accounting.
Value Added Tax is already implemented in most parts of the world and now it is Gulf's turn. So, in Gulf pre-implementation work has been completed and from January 01, 2018 all the registered business have started charging VAT on supplies of Goods and Services with in Saudi Arabia.
As the*member states in GCC are negotiating to treat GCC on Single Territory Concept, the concept and rules are same in all states with minor exceptions hence this course will help prepare all the accountants and administrators in the Gulf for this implementation process.
After this course they will be equipped to respond to this implementation challenge and will lead their organization in the whole process as well as train their team to get best output and achieve organizational goals.
Overview
Section 1: Introduction & VAT Concept
Lecture 1 Introduction
Lecture 2 What is VAT
Lecture 3 Introductions to Parties to VAT System
Lecture 4 Introduction to Registration With GAZT
Lecture 5 Introduction to VAT Flow
Lecture 6 Introduction to VAT Rates
Lecture 7 Revision of last 6 Lectures/ Introduction & VAT Concept
Lecture 8 VAT in the World
Lecture 9 Scope of VAT
Lecture 10 Claiming Input VAT
Lecture 11 TAX on End Consumer?
Lecture 12 Implementation Challenges
Lecture 13 Revision of Lecture 8-12/ VAT - Scope & Operations
Section 2: VAT in International Trade and Special Items
Lecture 14 VAT Impact on Types of Trades
Lecture 15 Reverse Charge Mechanism (RCM)
Lecture 16 VAT on Imports
Lecture 17 VAT and Different Exports
Lecture 18 Illustration: VAT & International Trade
Lecture 19 Revision: VAT - International Trade.
Lecture 20 Real Estates and Construction
Lecture 21 Restricted Vehicles
Lecture 22 Entertainment
Lecture 23 Catering Services
Lecture 24 Grand Fathering
Lecture 25 Discounts
Lecture 26 Revision: VAT - Special Items
Section 3: VAT Accounting and VAT Return
Lecture 27 Accounting Information
Lecture 28 Invoicing
Lecture 29 Simplified Invoicing
Lecture 30 Accounting Ledgers
Lecture 31 Control Account
Lecture 32 Revision: VAT Accounting
Lecture 33 Filing Return
Lecture 34 Return Form
Lecture 35 Deadlines: Filling and Payment
Lecture 36 Penalties
Lecture 37 Revision: VAT Return
Lecture 38 Goodbye
This course is for Accountants, Consultants and Administrators who manage VAT or going to manage it soon.
Homepage
Recommend Download Link Hight Speed | Please Say Thanks Keep Topic Live
Links are Interchangeable - No Password - Single Extraction
