Leasehold Improvements and VAT
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
There has always been much confusion surrounding the VAT consequences of leasehold improvements. Questions such as when does it arise, who should pay as well how much should be paid. These have now been solved by legislation.
After attending this course, delegates will have gained an understanding of the competencies mentioned below and must be able to apply the concepts and techniques in most situations and environments: • When to account for output VAT • How to account for the input VAT • Anti avoidance provisions
The aim of this session is to cover the changes in VAT legislation specific to leasehold improvements. This will address: • Why there was confusion? • Who must pay? • When must VAT be declared? • What values must be used? • Any other changes
This course would be useful for all persons who provide tax advice for any clients. It would also be useful for any persons who are responsibility for the tax compliance of their businesses or their clients. Any delegate that is looking to get a refresher on the above topics would also be welcome.