VAT Chargeable event & Taxable amount

Select the prefered language to access the content

Details about this catalogue item

This easy-to-use eLearning module is part of VAT broader course which is one of the courses from an extensive EU eLearning portfolio on Customs and Taxation.

Course description

VAT Chargeable event and Taxable course covers the question: “When does the chargeable event take place and VAT become chargeable?” and ”On what is VAT calculated?”. In this course you will learn the difference between the legal concepts of the chargeable event and the chargeability of VAT and the taxable amount. The course also covers their relation with different transactions, and acceptable adjustments to the taxable amount. To fully benefit of the potential of this course, we recommend to integrate the course in your own training programme and to develop a full blended learning scheme.

Target audience

The course is aimed at officials in EU countries, and more generally, anyone with a particular interest in VAT wanting to get basic knowledge of the VAT directive.

Learning objectives

By the end of this course, you will:
- Know when VAT becomes chargeable that is when the chargeable event takes place: chargeability.
- Know what is VAT calculated on: taxable amount.
- Know how to relate these concepts to the different transactions: supply of goods, supply of services, intra-Community acquisition, importation.
- Know when a taxable amount may be adjusted as a result of changes after the supply has taken place.
- Describe how the tax due is a result of applying the rate to the taxable amount expressed in monetary terms.

Course duration

Estimated duration of the module: 40 minutes.


0%

Related courses

eL

eCommerce: OSS/IOSS schemes – Basics

The easy-to-use eLearning course eCommerce: OSS/IOSS Schemes – Basics is based on the VAT eCommerce package and produced by the European Commission Directorate General for Taxation and Customs (TAXUD) under the the FISCALIS Programme.
Version: 02 (05/05/2022)
eL

VAT Exemptions

This easy-to-use eLearning module is part of VAT broader course which is one of the courses from an extensive EU eLearning portfolio on Customs and Taxation.
Version: 01 (16/12/2021)
eL

VAT Introduction

This easy-to-use eLearning module is part of VAT broader course which is one of the courses from an extensive EU eLearning portfolio on Customs and Taxation.
Version: 01 (16/12/2021)