We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. Read More

Log in


M22009 - Where and When is VAT applicable? – VAT Place of Supply Rules (Online)

  • 24 Feb 2022
  • 13:30 - 16:45
  • Online Webinar

Registration


Register
Registration Time: 13:15
Sessions Time: 13:30 - 16:45  including a 15-minute break
Speaker: Mr Kenneth Cremona
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

The Place of Supply (“POS”) concept is vital for VAT purposes. POS is the place where the supply is deemed to have taken place, i.e. deemed to be in one EU MS over another. Hence, determining whether VAT is applicable on the supply and at which rate depends on exemptions applicable or whether the supply is a good or a services. The POS considerations for goods follow different regulations than services. Additionally, special rules have been laid down for determining the POS of special goods and services.

Topics on the agenda

  • Refresher on core principles of VAT
  • Introduction on Place of Supply Rules
  • Place of Supply of Goods
  • Place of Supply of Services
  • Special Place of Supply Considerations
  • Worked example focusing on the POS concept
  • Concluding Remarks & Discussions

Why is the session of relevance to our members?

The Place of Supply (“POS”) concept is vital for VAT purposes. POS is the place where the supply is deemed to have taken place, i.e. deemed to be in one EU Member State over another. Hence, determining whether VAT is applicable on the supply and at which rate depends on exemptions applicable or whether the supply is a good or a service. The POS considerations for goods follow different regulations than services -special rules have been laid down for determining the POS of special goods and services.
Having the correct POS determined will enable a company to know what VAT rate to charge/ be charged and how to account for VAT and perform a VAT return.

Target Audience 

Accountants and prospective accountants, tax lawyers, tax practitioners, as well as business owners and self-employed persons.

        Speaker's Profile

        Kenneth Cremona graduated with a Master in Accountancy from the University of Malta in 2015. Kenneth joined RSM Malta in 2016, initially working on Income Tax Compliance dealing with clients established in multiple industries including Gaming, Immovable Property, Investments, Pharmaceuticals and Retail. During 2019, he specialised in VAT advisory and was promoted to a
        Supervisory role within the firm, and an Assistant Manager in 2021. Kenneth is also a CPA warrant holder and received the Professional Certificate in Taxation issued by the Malta Institute of Taxation in 2017.

        EVENT CPE COMPETENCES


        3 Hours Core


        WEBINARS TERMS AND CONDITIONS


        Terms and conditions  apply


        DISCLAIMER


        By Registering and/or Booking for this event, you agree that MIA will collect your information, who will be using it as per the MIA Privacy Policy for CPE Events. Please read the MIA’s Privacy Notice for CPE Events in its entirety which can be found at this link. By accepting to participate in this event you accept that MIA shall process personal data in accordance with this Privacy Notice.
        If registration is being affected by a company or other corporate entity on behalf of an attendee or the registering company or other corporate entity supplies to the MIA personal data of third parties, such as of employees, affiliates, management companies or service providers, the registering company or other corporate entity shall be solely responsible for making sure that the provision of such data to the MIA fully complies with applicable laws and the relevant person in regard to whom the data relates has been provided with the necessary information at law regarding the MIA’s processing of his personal data.
        Any information notices, consents or other applicable requirements that may be required to be fulfilled for the provision of third party data to the MIA shall be borne solely by the registering company or other corporate entity. The registering company or other corporate entity hereby fully indemnifies the MIA and shall render the MIA completely harmless against all costs, damages or liability of whatsoever nature resulting from any claims or litigation (instituted or threatened) by any third party against the MIA as a result of the provision of any third party personal data to the MIA by the registering company or other corporate entity.
        The Malta Institute of Accountants may take photos during this event. These images will be used by the Institute to share news about the event in newsletters, the Annual Report, The Accountant journal and printed publicity. Photos can also be published on MIA’s Facebook, Linkedln and Twitter. Such images may be used to publicise future events of the same nature and for reporting purposes.


                       
        SUBSCRIBE TO OUR MAILING LIST

        Contact Us

        Suite 4, Level 1, Tower Business Centre, Tower Street, Swatar, BKR 4013, Malta 

        E-mail: info@miamalta.org

        Tel. +356 2258 1900

        © MALTA INSTITUTE OF ACCOUNTANTS, 2021  Privacy Notice