[ONLINE] Costly VAT Mistakes – Risk Management & Compliance – 05 May

The scope of the session is to first analyse in detail the main VAT risks which might lead to negative consequences if the applicable VAT provisions are not fulfilled. The session will then proceed with identifying and determining which consequences (penalties/interest/assessments) will be applicable when the applicable VAT provisions are not adhered to properly and why (including references to the various parts of the legislation which list down when such consequences are triggered and the applicable conditions). Finally the session will discuss practical tips and actions which may be taken by involved parties with a view to ensure that such VAT risks are minimized as much as possible. Communication will be encouraged throughout the whole course and practical examples will be discussed in a user-friendly manner.

Instructed by: Saviour Bezzina. in: Uncategorized

Seminar Description

The scope of the session is to first analyse in detail the main VAT risks which might lead to negative consequences if the applicable VAT provisions are not fulfilled. The session will then proceed with identifying and determining which consequences (penalties/interest/assessments) will be applicable when the applicable VAT provisions are not adhered to properly and why (including references to the various parts of the legislation which list down when such consequences are triggered and the applicable conditions). Finally the session will discuss practical tips and actions which may be taken by involved parties with a view to ensure that such VAT risks are minimized as much as possible. Communication will be encouraged throughout the whole course and practical examples will be discussed in a user-friendly manner.

Agenda

1. Incorrect VAT Treatment (under declaration of output VAT)
2. Incorrect/Late VAT Registration
3. Late filing of VAT Returns/Forms
4. Incorrect VAT Returns (Over declaration of input VAT)
5. Incorrect VAT Documentation
6. Late VAT Payments
7. VAT Assessments T

Target Audience

This course is ideal both to experienced personnel (directors, accountants, lawyers, financial professionals, accounting students, financial staff) who have been working in VAT for a number of months/years (who may need to brush up their technical knowledge or fill in certain gaps and clarify certain issues relating to vat mistakes/risks) as well as newcomers in the respective sectors (who have an opportunity to get a very good theoretical and practical understanding of the main applicable VAT concepts .

CPE

Qualifies for 2 CPE Core hours

Course Fee

The course fee is €60 for Non-Members €55 for Members. The fee covers seminar participation and access to event resources. Login details will be provided closer to the date.

A receipt will be issued to all participants.

Event Resources

Participants will receive the event resources by email.

Additional Information

For more information, kindly use the following communication mediums:

T: 21 58 53 74   M: 77 01 17 19   E: info@skillsmalta.com      Webpage: www.skillsmalta.com