- Overview of the general principles of VAT: o Defining and understanding supplies o When and how output VAT should be charged and accounted for - Claiming input VAT and notional input VAT: o When and how to claim input VAT o Which expenses and assets qualify for claims and which are denied o Qualifying VAT invoices - Completing the VAT201 return and navigating VAT refunds, audits and disputes - VAT reconciliations - Specific transaction types and their VAT treatment o Exports and other zero-rated supplies o Leases (operating leases, finance leases and instalment sales agreements) and an overview of the new legislation affecting property developers o Vehicle rentals o Deemed supplies o Cost recoveries and disbursements o Bad and doubtful debts