Practice (Tax Agent Exam)

Module A : Learn more fundamental principles of VAT application, from general principles and registration to the definition of supplies  General Principles  Registration  Definition of Supplies  Categories of Supply  Zero – rated Supplies  Exempted Supplies  Deemed Supplies  Value of Supply  Date of Supply  Input Tax Recovery  Input Tax Apportionment  Capital Asset Scheme  Bad Debt Relief

Module B : include understand the key elements of accounting for VAT, from time of supply to VAT records and returns.

Module C : Learn Compliance rules around VAT, including penalties, refunds and international goods and services