TAX COURSES FROM THE BEST

OUTLINES AND COSTS

• T&T VAT

  • Do you know that if computed properly VAT is not an extra cost to a VAT registered business ?
  • If a foreign contractor comes to T&T to provide one-off services to your company is the foreign contractor required to register for VAT ?
  • Are you accounting for VAT on all supplies ?
  • Do you have proper invoices to support your supplies made and supplies received?
  • Do you know how to treat VAT in the event of a bad debt ?
  • Do you know when a credit note should be issued ?
  • How to account for VAT if a credit note has been issued?

  INTRODUCTORY OFFER: US$199.99

• T&T INCOME TAX

  • Are you aware that as a T&T resident earning employment income only, there is no need to file a tax return ?
  • Did you know there is an obligation for an employee to file a TD1 to claim all deductions available ?
  • Are you aware that the personal allowance for individuals is $90,000?
  • Are you bringing into charge to tax all allowances paid to expatriates ?
  • Do you know how to compute BIK on rental cars ?
  • Do you know how to compute BIK on employer loans ?
  • Do you know how to compute BIK on accommodation ?
  • Do you know what is the tax treatment of severance payments ?

  INTRODUCTORY OFFER: US$199.99

• T&T CORPORATION TAX

  • Are you excluding exempt income from the charge to tax?
  • How to deal with related party transactions?
  • Are you deducting all expenses incurred in the production of income ?
  • Are you aware of over 20 allowances available to reduce your tax liability?
  • Are you classifying assets correctly and using the correct W&T rates ?
  • Are you paying the correct amount of taxes quarterly ?
  • Are you aware of loss relief and group relief?

  INTRODUCTORY OFFER: US$199.99

• T&T WHT

  • Do you know when WHT is applicable ?
  • Do you know the various rates of WHT ?
  • Do you know who should bear the cost of WHAT ?
  • Are you aware that the WHT rate on dividends to non-resident have been reduced since 2022?
  • Are you sure non-resident related party debt is treated properly ?
  • Do you make interest payments to non-residents ?
  • Do you pay for IT service to non-residents ?
  • Do you make management fees / technical fees to non-residents ?
  • Do you make royalties or franchise fees to non-residents ?
  • What are the local company’s tax obligations if it makes payments to non-resident ?
  • Are you aware of the deductibility and restriction on management charges?
  • What is the impact of WHT on the contract price?
  • Computation of WHT
  • Double tax treaty relief
  • Penalties and interest for non-compliance

  INTRODUCTORY OFFER: US$199.999