A Methodical Approach towards a VAT transaction

Analysing a transaction from a VAT perspective can be cumbersome and not following a sequential approach may lead to an incorrect determination of the VAT position, leading to unnecessary fiscal consequences.

During this webinar, we shall go through a five-step methodical approach which can be used to determine the correct treatment of any VAT transaction.

We shall also, briefly go through certain basic however, fundamental definitions which are crucial when analysing VAT transactions.