LEARN  HOW  TO  MASTER  YOUR  VAT  RETURN

Objective:

To equip participants with adequate knowledge to be in a position to calculate and prepare their own VAT returns.
 
Course Overview:

• Revenues definition of a business expense;  
• Operating from home - how to allocate bills such as light, heat, phone between  business and home properly; 
• A filing system which will satisfy Revenue requirement; 
• Filing purchase invoices; 
• Introduction to VAT; 
• Different VAT rates; 
• When you must register;  
• When must returns be submitted; 
• How do you pay and when; 
• Benefits/advantages of VAT Registration;  
• Preparation of purchase book, sales book and cash book.