A business engaged in taxable supplies of goods & services should be VAT compliant. Every entrepreneur needs to know the basics so they have more control over the tax affairs of their business.
Why VAT training?
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Self-reliance in tax matters
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Better control over business
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Avoid unnecessary penalties
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Simplify understanding of rules
How do we provide VAT implementation / training ?
- Establish accounting system
- Identify VAT rates on transactions
- Awareness of timelines & penalties
