Course information

VAT Training Course Outline

Module 1: Introduction to VAT

  • What is Value-Added Tax (VAT)?
  • How a Value-Added Tax Works?
  • Pros and Cons of VAT
  • What Does Value-Added Tax (VAT) Do?

Module 2: VAT Registration

  • What is VAT Registration?
  • VAT Registration Procedure
  • When is VAT Registration Necessary?
  • VAT Registration for Groups
  • Benefits of VAT Registration

Module 3: VAT Administration

  • VAT Administration Information System
  • Sub-Systems of VAT Administration
  • Administration of the VAT
    • Customs Department
    • Separate Department
    • Domestic Tax Administration

Module 4: VAT Invoices

  • What is a VAT Invoice?
  • Who Must Issue a VAT Invoice?
  • VAT Invoice Types
  • Document for Supplies to GCC States
  • Conditions for Issuing Tax Invoice in Electronic Form

Module 5: VAT Records

  • Basic VAT Records
  • VAT Records for Making Tax Digital
  • Output Tax and Sales VAT Invoices
  • Tax Point
  • Input Tax

Module 6: VAT Calculation

  • How VAT Calculator Works?
  • What is Input VAT and Output VAT?
  • How to Calculate VAT Payment?
  • Need for VAT to Be Implemented in the First Place

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Who should attend this VAT Training Course?

The Value Added Tax (VAT) Training Course provides individuals with a comprehensive understanding of VAT principles, regulations, calculations, and compliance. This course will benefit the following professionals:

  • Accountants
  • Tax Consultants
  • Business Owners
  • Purchasing Managers
  • Sales Representatives
  • Customer Service Representatives
  • Compliance Officers

Prerequisites of the Value Added Tax (VAT) Training Course

There are no formal prerequisites for this Value Added Tax (VAT) Training Course. However, prior experience in Direct Tax or related roles is recommended but not mandatory. Also, familiarity with basic taxation concepts might prove to be beneficial for the delegate.

VAT Training Course Overview

This VAT (Value-Added Tax) Training is a comprehensive course designed to provide knowledge about Value-Added Tax, a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. This type of training covers various aspects, including VAT principles, registration, filing, and compliance.

Participating in VAT Training offers numerous advantages. Firstly, it ensures compliance with local and international tax laws, thereby reducing the risk of legal issues and penalties. It enhances the understanding of VAT's impact on business operations, aiding in more accurate financial planning and decision-making.

The Knowledge Academy's 1-day VAT Training Course stands out by offering a tailored, in-depth exploration of VAT regulations and practices. It provides practical, real-world examples and case studies, making the learning process more relatable and effective. The course is designed to be interactive, encouraging active participation and problem-solving, which enhances the learning experience.

Course Objectives:

  • To understand the fundamentals and principles of VAT
  • To learn about VAT registration, filing, and compliance processes
  • To gain insights into VAT's impact on business operations and financial planning
  • To develop skills to handle VAT-related issues confidently and effectively
  • To stay informed about the latest VAT regulations and updates

This course is meticulously designed to equip participants with a thorough understanding of Value-Added Tax, from basic principles to advanced compliance strategies. It aims to enhance professional skills, ensuring participants can confidently navigate the complexities of VAT in their business or professional roles while staying updated with the latest tax laws and regulations.

 

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What’s included in this Value Added Tax (VAT) Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Value Added Tax (VAT) Certificate
  • Digital Delegate Pack

Why choose us

Our Vancouver venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

­­­­Vancouver, a popular and beautiful city in the Canadian province of British Columbia, has an average population of roughly 603,500 spread across 44.39 square miles of land.  At The Knowledge Academy, we offer 50,000 classroom based training courses throughout the different areas of Vancouver, in order to enhance people’s learning in an array of subject areas.  Education in Canada is generally funded by federal, provincial, and local governments; the system is divided into primary, secondary and post-secondary education and is operated under provincial jurisdiction.  On the whole, there are 190 days in a school year, starting in September and ending towards the last Friday of June.  Some popular and highly regarded universities in Canada include: the University of Toronto (notable alumni including: William Lyon Mackenzie King, Vincent Massey, Donald Sutherland and Lesra Martin), the University of British Columbia (notable alumni including: Eddie Peng, Justin Trudeau and Nardwuar the Human Serviette), and the University of Alberta (notable alumni including: Dayo Wong, George Stanley and Beverley McLachlin).  In Vancouver, it is compulsory for residents under the age of 16 to complete compulsory schooling – from low level elementary (kindergarten + grades 1-7), to high level secondary (grades 8-12); Vancouver’s secondary schools are also commonly subdivided into two groups - starting with junior secondary and then followed by senior secondary level.  In most cases, expatriates of Vancouver will send their children to public schools.  The public schools in Vancouver are generally well-respected – scoring highly in student assessments at an international level, as well as nationally, and students normally have a reputation for positive academic success and achievements. Other residents of Vancouver opt for their children to attend private schools instead; although private schools are few-and-far-between in the area as opposed to other areas of Canada, there is still nonetheless a large private school community, most of which is largely either a religious or international institution.  

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Address

World Trade Centre
999 Canada Place
Suite 404
Vancouver
British Columbia
V6C 3E2

 

T: +1 6474932992

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Accounting And Finance Training | VAT Training in Vancouver. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Accounting And Finance Training | VAT Training in Vancouver, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Accounting And Finance Training | VAT Training in Vancouver FAQs

Value-Added Tax (VAT) is a tax charged by producers on the sale of goods or services to customers at every stage of the supply chain.
VAT is important to prevent cascading effect and presence of double taxation from sales tax structure.
VAT is beneficial for transparency, scheme of simplification, payment of the acquired assets, fair and equal, payment of tax paid on bought goods, and reduce the discretion.
There are no formal prerequisites for attending this VAT Training Course.
In this VAT Training, delegates will have a 1-day training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion.
Through this VAT Training, individuals can acquire skills in understanding VAT regulations, effective tax management, and compliance. It covers practical knowledge for navigating complex tax scenarios and ensuring financial adherence.
Upon completing the VAT Course, diverse career opportunities emerge, including roles in taxation consultancy, financial analysis, compliance management, and accounting, fostering professional growth and advancement.
Please reach out to our customer support team to get any issues resolved related to your course.
The Knowledge Academy stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking VAT Certification.
The training fees for VAT Trainingin Vancouver starts from CAD1695
The Knowledge Academy is the Leading global training provider for VAT Training.
Please see our Tax Courses courses available in Vancouver
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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