Complete Taxation

About This Course

Complete Taxation

FULLY ONLINE CLASS. NEED TO KNOW ALL ABOUT T&T TAX? A PRACTICAL & COMPREHENSIVE APPROACH TO THE T&T TAXATION SYSTEM. UNDERSTAND THE INCOME, VAT & CORPORATION ACT, TAX LAWS & PROCEDURES, PAYROLL & MUCH MORE. TRAINING ON COMPLETING ALL STATUTORY FORMS. COVERS BASIC & ADVANCED TAXATION.

Course Overview

This course is specifically designed to provide a comprehensive and practical approach to the Tax Administration system in Trinidad and Tobago. The student will be introduced to practical aspects of taxation and basic understanding of the taxation legislation and practice in Trinidad and Tobago. This course is designed for employees, business owners and practitioners to keep abreast of the latest developments in the Trinidad and Tobago tax system. Students will benefit from an effective combination of lecture, practical problem solving, discussions, and questions. This course will provide ample opportunity to explore topics, develop and refine your tax preparation skills further, especially those needed for the effective and accurate completion of business and individual returns.

Duration: 12 Weeks | Lectures: 11 | Quizzes: 1 | Level: Intermediate

Topics Covered

• History of Taxation
• Registration Procedures (Sole Traders, Partnerships, Companies)
• The PAYE System
• Health Surcharge Payments
• N.I.S Payments
• Value Added Tax
• Payroll
• Income Tax Return for Emolument Income Earners
• Income Tax Return for Sole Traders
• Non Emolument Income Earners: Income Tax, Vat & Partnership Returns; Health Surcharge, Business & Green Fund; Quarterly Income Tax Payments
• Companies: Corp., Vat & Directors Income Tax Return; Benefit-in-Kind (BIK); Withholding Tax Implications; Petroleum & Petroleum Production Taxes; Quarterly Corporation Tax Payments; Green Fund & Business Levy Payments