- Title
- Introduction
- Why VAT is Important?
- Vat rates and Output Tax
- Input VAT
- Vat compliance
- Penalties
- Place of supply
- Date of supply
- Vat flow and example
- Transitional VAT provisions
- Exise Taxes
- Outro
What you'll learn
- Understand the principles of VAT and how it operates in the Sultanate of Oman
- The impact VAT has on business and transactions.
- Compliance and filing obligations for businesses
- Responsibilities for businesses, their relationship with Tax Authority and timing of submissions.
Description
Presented by ex- big PwC/Deloitte VAT consultant from the UK, with over 10 years + experience. Tanweer has first hand knowledge of GCC VAT having been placed in the UAE in 2018 to assist clients in UAE and KSA with VAT implementation. He has a sea of knowledge to be shared for those with little or Zero VAT knowledge.
The goal is to equip the delegate with the main aspect of the Omani VAT Law and its application in Oman. All businesses are impacted by VAT with the majority obliged to register.
The course is a basic introductory course based on the Oman VAT legislation released in October 2020. This Free course will equip the student to be prepared and be able to understand the VAT law in time for the executive regulations. The VAT law has been broken down into small digestible sections to make it easy to understand with beautifully designed infographics.
If you have an interest in working in Oman or are currently employed in a finance role or wish to become a VAT expert for your company then online VAT training is the most affordable way of achieving an expertise in this field and reaching new career heights.
If you have an interest in working in Oman or are currently employed in a finance role or wish to become a VAT expert for your company then online VAT training is the most affordable way of achieving an expertise in this field and reaching new career heights.
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About the instructors
- 4.23 Calificación
- 1742 Estudiantes
- 4 Cursos
Tanweer Sheikh
Big4 Trained VAT adviser- 10 yrs experience in UK, now UAE
Tanweer began his VAT career with PwC in 2007 where he joined the Indirect tax team in financial services and qualified as a chartered Accountant (ACA). He later joined Deloitte in London specialising in Financial services VAT and Islamic Finance.
Since 2013, Tanweer has been working as an in-house VAT specialist for various multi-corporate organisations covering insurance, Energy, Real Estate and commodities. His responsibilities have ranged from providing internal VAT advice, managing UK and global VAT compliance as well as consulting on VAT systems.
Student feedback
Course Rating
Reviews
Its helpful to gain knowledge in OMAN Vat laws. Thank you sir for giving such a wonderful session. Great
Nice and informative course for the start and filing the VAT in oman