Nicosia – Chelco VAT international Academy instructor, Panayiotis Panayi, delivered an in-house VAT seminar to Computantis Services Ltd, earlier this week.

Titled, Cyprus VAT Fundamentals, the bespoke full day seminar was held on Monday, 6 June at the Computantis offices in Nicosia and covered the basics of VAT and beyond.

Panayi analysed to the company’s auditors, accountants and tax consultants the various types of taxable transactions, VAT return, the general reverse and local reverse charge principles, deduction of input VAT, intra‐community acquisitions vs EU purchases and VAT on land and rents.

Packed with hands-on, real life examples, the seminar left ample room for questions and answers as well as one-on-one discussions on actual VAT problems and challenges the attendees were faced with.

The Chelco VAT International Academy, Chelco VAT Ltd’s educational arm, is a leader in the organisation of training VAT seminars, workshops and in-house technical courses. The Academy offers VAT-dedicated knowledge to auditors and accountants, VAT advisors, VAT Officers working in tax administration, other professionals in the industry that deal with VAT matters as well as to anyone who wishes to broaden and further sharpen their understanding of VAT.

The Academy is also offering the coveted Diploma in VAT Excellence (DiVE), a high-level course spanning a period of 10 months, which elevates Value Added Tax knowledge to the level of a VAT expert.

Registrations are now open for the DiVE academic year 2022-2023.