The course equips professionals with essential skills to manage input tax effectively, identify non-recoverable claims, and ensure compliance with FTA regulations. It covers recovery rules, adjustments, apportionment techniques, and capital asset management to optimize VAT processes and reduce errors.
Course Module Overview:
Input Tax Recovery
- Understand the rules for recovering input tax before and after VAT registration, including criteria for eligibility.
Non-Recoverable Input Tax
- Identify scenarios where input tax cannot be claimed, such as exempt supplies and personal use expenses.
Adjustments and Compliance
- Learn how to adjust input tax claims for changes in usage and ensure compliance with FTA regulations.
Apportionment Techniques
- Master methods for apportioning input tax for businesses with mixed taxable and exempt supplies.
Capital Asset Management
- Apply the capital asset scheme for long-term assets, ensuring proper adjustments based on actual usage.
Participants will master input tax management, ensuring compliance with FTA regulations, optimizing VAT recovery, and minimizing non-compliance risks.
About the Trainer
CA. Satya Bharat
Satya Bharat is a Chartered Accountant and Chartered Financial Analyst with 14 years of experience in roles like Head of Finance and Manager of Taxation in multinational corporations. He's authored books on Indian GST and UAE Corporate Tax, conducted webinars on various financial topics, and currently serves as CEO of DSB Chartered Accountants in Dubai, specializing in Outsourced CFO Services, IFRS Accounting, Auditing, and VAT consultancy.
