GCC VAT
Value Added Tax is a cornerstone of modern taxation, impacting businesses, consumers, and economies worldwide. It is not just a financial consideration; it is a strategic element that shapes the fiscal dynamics of transactions large and small. Understanding VAT is not just a skill; it is a necessity for anyone involved in finance, accounting, or business management. Through this course unravel the complexities and empower you with the knowledge to navigate the ever-evolving landscape of taxation.
Course Outline
- VAT Introduction
Criteria for - Registering for VAT
- GCC VAT
- Various Type of Transaction
- Nature of Transaction
- Various Type of Supply
- How Vat Works?
- Record purchase and sale within UAE
- Record purchase from unregistered dealer
- Record purchase and sale within intra GCC
- Purchase of capital goods
- Debit note and credit notes
- Claim of input vat credit.
