VAT SHOWER: THE LOGIC BEHIND THE EU VAT DIRECTIVE IN ONE DAY

There is a logic surrounding the workings of the EU VAT Directive, which forms the basis of the VAT system in Cyprus and all EU Member States.

VAT advisors should base their knowledge on solid foundations. Some people are just starting in VAT whilst others have been involved with VAT for years and have learned about VAT by doing it. However, these people may have never actually learned the basic reasoning behind VAT law.

The seminar represents a detailed map of the Directive, charted in such a way so as to help beginners and advanced VAT users alike to understand the basic reasoning and functioning of the VAT system throughout the EU, with reference to key judgments from the European Court of Justice (ECJ).

The seminar will cover the following areas of VAT legislation:

  • Defining the territorial scope of the VAT Directive
  • Defining what constitutes a taxable person
  • Explaining the reverse charge principle
  • Examining the four types of transactions within the scope of the VAT Directive
  • Determining the place of supply of these transactions, including a brief examination of chain supplies and the fixed establishment
  • Examining when the chargeable event arises
  • Examining what constitutes the taxable amount and the VAT rate that applies
  • Defining the nature of exemptions, with or without the right to deduct input VAT
  • Examining the rules regarding the right to input VAT deductions
  • Examining who has the responsibility and obligation to discharge the VAT
  • Brief explanation of books and records

Bringing it all together, this course is suited for beginners as well as those with VAT experience who wish to delve deeper in the workings of the EU VAT system, so that they can quickly gain more experience in the field of VAT at the EU level.

Download the workshop brochure in EN

AGENDA

8:30am – 9:00am Registration & Coffee
9:00am – 9:10am Welcome Address
Alexis Tsielepis
9:10am – 11:10am
  • Defining the territorial scope of the VAT Directive
  • Defining a taxable person
  • Explaining the reverse charge principle
11:10am – 11:30am Coffee Break
11:30am – 1:00pm
  • Examining the four types of transactions
  • Explaining the place of supply
  • Explaining chain transactions and fixed establishment
1:00pm – 2:00pm Lunch Break
2:00pm – 3:30pm
  • Explaining when the chargeable event arises
  • Determining the taxable amount
  • Examining the VAT rates
  • Explaining the VAT exemptions, with or without the right of deduction
3:30pm – 4:00pm Coffee Break
4:00pm – 5:30pm
  • Explaining when the right to deduction arises
  • Determining who has the responsibility to pay the VAT
  • Examining the books and records

Discussion and Questions

5:30pm End of Seminar

THE INSTRUCTOR

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Alexis Tsielepis, BSc, FCA
Managing Director
Chelco VAT Ltd
E-mail: [email protected]

 

Alexis Tsielepis

Alexis is widely considered as the foremost expert on VAT in Cyprus. With 18 years of experience in VAT strategic consulting, he advises businesses on international VAT matters and lectures at local and international VAT conferences and schools.

Alexis possesses an extensive vocational and educational experience in European VAT and a detailed comprehension of EU VAT matters and decisions of the European Court of Justice (ECJ). He teaches at various VAT International Schools and sits on various committees charged with VAT matters. His work includes liaising with the Cyprus tax authorities and government on policy making.

He has written a number of tax syllabuses, chapters, articles and a book on matters pertaining to Cyprus and EU VAT.

Alexis is a Fellow Chartered Accountant and holds the Expert in European Value Added Tax Degree, which he earned with the highest grade ever awarded in the history of the coveted diploma.

WHO SHOULD ATTEND?

Professionals dealing with VAT matters in all industries and at all levels, who would like to expand or enhance their VAT knowledge:

  • Chief Financial Officers
  • Chief Accountants
  • Accountants
  • Tax Advisors
  • CFOs & FCs
  • VAT Department Officers

WHEN, WHERE & HOW MUCH?

Date & Venue Limassol
Friday, 21 September 2018, Columbia Plaza Venue Centre
Time 9:00am – 5:30pm (registration at 8.30am)
8 CPD Units (certificates of attendance will be provided)
Cost €275 + VAT (including light lunch)
Group Discount (for 3 persons or more): 15%
Seats are limited!
Language English