A poor understanding of VAT principles of Input Tax could mean that you are losing money by under-claiming input tax. Conversely, over-claiming input tax or claiming input tax without adhering to the documentary requirements can lead to costly penalties and interest which could easily be prevented.

It is therefore critical to have a clear understanding of the key principles outlined in the VAT Act and how to apply these rules to the day-to-day transactions of your business.

This webinar recording ensures that you have a thorough understanding of the fundamentals of Input Tax, focusing particularly on some of the more common mistakes or areas of misunderstanding we see being made in practice.

Course material includes electronic notes (pdf slide deck) and a practical case study as reference material for you to make use of as a reference when performing your work tasks.

The webinar will contribute to 2 hours CPD/CPE