VAT IN PRACTICE: SME ESSENTIALS, CROSS BORDER TRADE & KEY SECTOR-SPECIFIC INSIGHTS
 

Duration	1 Day
Delivery	In-person
Timing	9:00 AM - 4:00 PM

Course Objectives

By the end of this two-day practical training, participants will be able to:

• Navigate the full VAT lifecycle in Mauritius, from registration to reporting
• Understand core compliance obligations and apply best practices in record-keeping
• Accurately complete and file VAT returns, including adjustments and corrections
• Apply VAT principles to local and international transactions, including imports and exports
• Interpret complex VAT rules with greater confidence and strategic insight
• Identify and mitigate VAT compliance risks to avoid penalties
• Strengthen audit preparedness and build long-term tax efficiency
• Enhance decision-making through a deeper understanding of VAT’s role in financial management

Training Content
 

	TOPICS
DAY 1  Foundations & Core Compliance	Understanding VAT Fundamentals VAT legislation in Mauritius Taxable, exempt & zero-rated supplies Scope and key definitions VAT Registration & Deregistration VAT registration types & processes Deregistration rules and procedures Input vs Output VAT Treatment Input vs output VAT Claiming rules Apportionment & partial exemption Record-Keeping & Tax Invoicing Required records & retention Tax invoices & credit notes Avoiding errors
DAY 2 Reporting, Risk & Strategic Planning	Preparing & Filing VAT Returns VAT3 completion Adjustments & corrections Filing/payment procedures International Transactions & Customs VAT on imports/exports Zero-rating & documentation Customs interface Risk Management & Audit Preparedness Identifying risks Audit triggers & penalties Best practices Strategic VAT Management VAT cash flow planning Supply chain considerations SME strategies