Mastering VAT Compliance: From Registration to Reporting
Tax Compliance Essentials
| Duration: | 1 day |
| Delivery: | In-person |
| Timing: | 9:00 AM - 4:00 PM |
Course Objectives
By the end of this course, participants will:
- Understand the implications of the prescribed VAT threshold
- Know when and how to register for VAT
- Learn the basics of VAT filing, invoicing, and penalties
- Gain foundational knowledge of Income Tax and Corporate Tax for SMEs
- Explore key customs and import/export compliance obligations
- Identify practical steps to stay compliant and avoid penalties
Training Content:
| Day | Topics Covered |
| Morning | Understanding the prescribed VAT Threshold
Overview of VAT in Mauritius
Legal implications of the new threshold Who is now liable for VAT registration? Case examples: Businesses at the edge Registration process Record-keeping requirements Filing returns & deadlines Consequences of non-compliance |
| Afternoon | Income Tax & Corporate Tax Obligations
Income tax filing for individuals vs companies
Tax rates & thresholds Responsibilities of small companies and start-ups Deductions, penalties & tax planning basics Import/export basics for small businesses Common customs declarations VAT & Customs Duties Handling MRA inspections & audits Practical compliance cases Q & A |