VAT & Tax Management Training

Free Registration: https://crm.lcbsdhaka.com/view.php?id=217041

COURSE OVERVIEW

Establish the right situation, cycles and controls to guarantee that Income Tax & Value Added Tax on important exchanges are recorded and revealed precisely, as needed by the VAT guidelines. LCBS Dhaka has designed a suite of VAT & TAX training course for all levels of employees in both corporate and government sectors. We aim to equip you with the knowledge and skills to embrace the many challenges of this new regime. Complete your VAT & Tax online training course today!

Why LCBS Dhaka

LCBS Dhaka is unique with its products and services designed and offered locally & internationally. LCBS Dhaka is the only platform in Bangladesh with international recognition for the premium partnering with International organizations where internationally recognized Chartered qualifications & Certification courses are offered, Exams are taken, Corporate Training & Soft Skills provided as per employers needs and job placement done. Since 2007 LCBS Dhaka has served the highest number of students, Corporate Clients and offered the highest number of courses with success globally. It ensures delivery of quality education & Training with renowned training specialists from home and abroad. Quantity is not the priority- Quality, Commitment & Clients’ Feedback is our wealth. Hear from our clients whom we served already by visiting our YouTube channel- www.youtube.com/lcbsdhaka.

Who Will Be Benefited
This course will not only enable participants to acquire a thorough understanding regarding all
aspects of local Tax and VAT but also help them to get in a ready state for future challenges in corporates on Taxation.
All levels of employees in both corporate and government sectors.
All Students of ACCA, CIMA, CA.

Learning Outcomes of This Training
This training nurtures learning of the graduates and professionals and develops professionalism in delivering accounting services independently and enhances their skill to tap the market opportunity. Moreover, it is intended for managers who are keen to learn about financial aspects under micro scrutiny and reduce the chances of wrong decisions. It will further provide smart tips to:

• Better Understanding of Income Tax Management
• Better understanding of accounting, Tax and VAT knowledge for your career
• Identify tax planning opportunities
• Learn new legal provisions related to income tax and VAT
• Create appropriate tax saving opportunities for proper business planning.

 

Topics to be covered: 

 

VAT Management

Module-01

Foundation

A short history of VAT in Bangladesh

Future prospect of VAT Career

How to be prepared for the VAT career

How to acquire the required skills to be VAT professional?

How to use the course materials properly?

 

Module-02

VAT Knowledge

What is VAT?

Meaning of VAT to the consumers & Business

What is VAT CYCLE?

How to work VAT Cycle

Different rates of VAT and features of Standard rate

How to determine the VAT rate for any product and services?

 

Module-03

VAT Registration

When is VAT Registration mandatory?

Online VAT Registration procedure

Documents to be attached for registration

Awareness when filling up the VAT registration form

What have to do after taking VAT registration

 

Module-04  

VAT Practice & Compliance

VAT Books of Accounts

VAT Documentation & VAT Invoice

VAT challan require to the business

Required activities of VAT to the Business

VAT Rebate Mechanism, Eligibility, Adjustment procedure

 

Module-05

Input-Output Coefficient

HS Code

Bill of Entry

When to file input output coefficient

Input-Output Coefficient details

Preparation of input output coefficient

 

Module-06

VDS

VDS Mechanism

Laws & Rules regarding VDS

When to deduct VAT at source

When VDS is not applicable

Submission of VDS to govt exchequer
Penalty where failure to VDS
Preparation of TR Challan

 

Module-07

VAT Return

Online and Manual

VAT Return

VAT Return Subform

AT Adjustment

Penalty and fine

 

Income Tax Management

Module-01

Tax management in Bangladesh

Difference between direct tax and indirect tax

Income Tax Authorities

Difference between income year and assessment year

Tax Rate for Individual & Company

 

Module-02

Tax calculation from different heads of Income

Heads of Income

Calculation of income under different heads of income

 

Module-03

Introduction to Individual income tax

When return submission is mandatory

When to submit income tax return

Where to submit income tax return

Investment tax rebate mechanism

Allowable investment

 

Module-04

Preparation of Individual Tax return file

Preparation of income tax based on actual scenario

Awareness when preparing the tax return

 

Module-05

Introduction to Corporate tax

Introduction to Corporate tax

Understanding of Audited Financial Statement

Preparation of income tax return for a company

Company tax assessment

 

Training Details:

Total Class: 20 (VAT-10, Tax-10)

Entire Duration: Total 40 hrs.

Class Per Week: As per class schedule (Friday and Saturday)

Time: 9:00 pm to 11:00

PM Class Duration: 2 hours/Day

Language: Bangla, English

Delivery Mode: Online

Online: e-campus.lcbsdhaka.com

Assessment: 1(One) Full Length Mock Test (End of the course)

 

Resource: Ripon Chandra Bhowmik ACA.
Manager – Finance & Account, Siegwerk Bangladesh Limited