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Payment of VAT and filing of VAT returns
Payment of VAT and filing of VAT returns
Payment of VAT and filing of VAT returns

A critical success factor for the VAT implementation will be upskilling yourself and your workforce with the right knowledge and skill-set in the coming months. With this in mind, PwC’s Academy, the education and training business of PwC, has designed a suite of fit-for-purpose VAT courses that cover the fundamentals of the new VAT legislation, it’s impact on business and the technical and financial acumen required to manage this change. We offer VAT courses in UAE, KSA and Qatar and these can be customised for in-house training across the GCC.

Payment of VAT and filing of VAT returns

A VAT registered business must adhere to the VAT law and regulations.

In this course, participants will gain a clear understanding of the administrative requirements for paying and filing a tax return on a timely basis, including all relevant procedural matters.

Payment of VAT and filing of VAT returns

This course is suitable for finance managers and financial controllers who need an in depth understanding on how a VAT registered company should submit a VAT return to the GAZT and how any VAT due should be paid to the GAZT and/or how any VAT refund can be reclaimed from the Federal Tax Authority.

Course structure

Participants will have a clear understanding of key concepts, such as:

What is a tax return?

  • What does the tax return format look like?
  • What are the tax periods for filing tax returns?
  • What is the due date for payment and filing of a tax return?

How to access the tax return on the portal of the General Authority of Zakat and Tax?

How to complete a tax return: Extensive explanation of all boxes on the tax return?

How to calculate VAT payable/repayable for the tax period?

How does a business make a payment to the authorities through the portal of General Authority of Zakat and Tax?

How does a business request a refund from the authority on the General Authority of Zakat and Tax?

How should a tax return be corrected in case of errors?

Practical scenarios: Illustrative examples and reporting of the respective transactions in the Tax Return

Accounting for VAT: Journal entries, sales day book, purchase day book, VAT control account and bad debts

Maintaining accounting records: What are the documents to be maintained and for which period?

What are the implications of non‑payment/late payment of VAT?

VAT compliance visits and tax audits

Want to run this in-house?
Schedule

There are no scheduled dates for this course. Fill out the form to check future dates or deliver the course in-house

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Frequently asked questions

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