VAT: CASE STUDIES AND PRACTICAL SCENARIOS

During the the first part of the session we will cover the conditions for a transaction to fall within the scope of VAT following which we will proceed to explain the stepped methodical approach. During the second part we will be going through a number of scenarios varying between different kinds of services and different supplies of goods provided by and to taxable persons established in Malta. These scenarios will be analysed for the purposes of determining the VAT treatment of the supplies thereof and any resulting compliance obligations. Participants are expected to have a basic understanding of VAT.