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 Montreal 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.

Montreal is the largest city in the province of Quebec and is the 9th largest city in the whole of the continent of North America. The city is named after the hill in the heart on the city called Mount Royal. It has and estimated population of roughly 1.65 million people. Education in Canada is mostly free and publicly funded. It is overseen by the federal, provincial and local governments, with the education within provincial jurisdiction and the curriculum overseen by the province. Education is compulsory in most provinces up to the age of 16. Parents can choose between sending their children to one of the public schools or they can sent them to a fee paying private school. Those who live in Montreal and find that picking a secondary school is a fraught decision involving school zones and ratings. Royal West Academy is one of the most prestigious schools in Montreal. It is a public Anglophone secondary school that performs excellently academically. Royal West Academy is part of the English Montreal School Board. The schools mission is to provide a structured environment for those who are committed to academic study. They offer top computer training courses and have an appreciation for the arts, social issues and community responsibilities. To enter this school students must pass an entrance exam due to the limit places that are available. Canada’s higher has a very good reputation. However there is no formal ranking system and students will often choose colleges and universities bases on geographic convenience and the reputation of a particular course. Montreal has the highest concentration of post-secondary students of all major cities in North America. There are 4 universities, seven degree awarding institutions and 12 CEGEPS (publicly funded pre‑university college in the province of Quebec) in a 5 mile radius. The University of Montreal is the second largest research university in the country. It is ranked 115th in the world and is the 5th highest ranked Canadian university in the world rankings. The university is affiliated with two other higher education institutions in the area; the École Polytechnique de Montréal (School of Engineering) and HEC Montréal (School of Business). The school of business is widely regarded as being one of the best business schools in Canada. The University of Montreal is a Francophone institute which means the lessons are taught predominantly in French.

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Address

Regus,
2001 University Street, Suite 1700
Montreal
Quebec
H3A 2A6

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 Montreal. 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 Montreal, 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 Montreal 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 Training certification in Montreal starts from CAD1695
The Knowledge Academy is the Leading global training provider for VAT Training.
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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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