Lead Training Services

Advanced VAT Matters

Starting Date To Be Announced

Dates: TBA
Time: 17:15 till 20:45
Trainer: Chris Pace

The learner will be able to:

Define Supplies by Triangulation:

  • Supplies of goods including transportation & installation of goods – analysis of the place of supply rules relating to such supplies (Third Schedule);
  • Analysis of fixed vs business establishment;
  • Treatment of vouchers for VAT purposes;
  • Treatment of mixed supplies (including partial attribution) (Tenth Schedule);
  • Treatment of cross border supplies/ free supplies/ electronically supplied services;
  • Treatment of exempt without credit supplies (Fifth Schedule).

Identify VAT issues in the transaction/s being analyzed or performed;
Identify which questions to ask as to establish the facts pertaining to a particular scenario;
Questions concern the following:

  • Is the transaction subject to VAT?
  • Is it subject to VAT in Malta (reference to place of supply)?
  • Is it subject to any exemption in terms of the VAT?
  • Who is liable to VAT?

Get an advanced understanding of the applicable provisions within the Maltese VAT legislation. Reference to various provisions in the VATA and to a number of schedules namely, the Second, Third, Fifth, Seventh, Tenth and Fourteenth.
At the end of the module the learner will have mastered the following skills:

  • Determine which questions to ask in order to establish the facts relevant for the purposes of identifying the VAT treatment of a particular transaction;
  • Understand the relevance of ECJ case law to a particular scenarios;
  • Understand the provisions of the VAT legislation relevant to specific scenarios;
  • Professionally discuss VAT issues and developments with office colleagues and clients;
  • Professionally enquire with the VAT Department officials about interpretation of VAT rules and regulations and possibly obtain written VAT rulings from the VAT Department;
  • Obtain an excellent use of advanced VAT terminology;
  • Determine what is relevant for the purposes of identifying the VAT treatment of a transaction;
  • Propose solutions to the problems identified and decide on how a transaction would be best treated from a VAT perspective;
  • Gather a better understanding of the provisions of the VAT Act and EC VAT Directive and apply the relevance of the ECJ case law to the scenarios under review;
  • Study and develop further VAT developments and take an active interest of current ECJ case law related to VAT;
  • Establish a methodology in which certain transactions should be tackled for VAT purposes;
  • Breakdown a business case and establish the VAT considerations of the case both from a VAT advisory perspective and a VAT compliance perspective.

Venue

Tower Training Centre
Lower Ground Floor, Tower Business Centre, Tower Street, Swatar, Malta. (view map)

(Free parking available at level minus 5)

Trainers

Who We Are

We are a team of specialists passionate about our work and with a common ambition to share learning experiences with people in the business community and civil society.

Under the brand name LEAD Training Services, our team has attracted an impressive pool of professional trainers from different areas of business.

This makes us the only professional training organisation in Malta that can offer cutting edge training programmes across a broad spectrum of topics. We do not believe in one-size-fits-all training programmes and in line with our belief we customise our programmes to our individual customer’s needs.

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