HOW TO OPERATE A VAT SYSTEM

A comprehensive half day workshop, designed to empower participants with the knowledge and skills to confidently manage their VAT return. This session is designed to provide practical guidance on various aspects of VAT management, ensuring compliance with Revenue requirements, and covers essential aspects of VAT, bookkeeping, and reporting obligations. The following topics are covered in detail:

• Revenue's Definition of a Business Expense
• Operating from Home - Allocation of Bills
• Filing System to Satisfy Revenue
• Different VAT Rates
• When to Register for VAT
• How and When to Pay VAT
• Record-Keeping Requirements.