What are the VAT implications of training services?

Value Added Tax (VAT) is a tax levied on sales or supplies of services in Portugal. VAT is paid by consumers when paying for goods or services supplied. VAT registration is the process of listing your business with the government as active in production and sales. After a business registers for VAT, ... What Topics are Covered in this Article? The reverse charge mechanism is a VAT rule that shifts the liability to pay VAT from the supplier to the customer. It ... Jul 16, 2024 ... What is VAT and what are the benefits of being VAT registered? ... Charging VAT will raise your prices by up to 20%, which can mean a ... 6.5 What is the VAT regime of a vehicle? What does it mean? The rules relating to the Value Added Tax (better known as VAT) you pay on a vehicle are ... a large container, as a tub or tank, used for storing or holding liquids: a wine vat. Chemistry. a preparation containing an insoluble dye converted by ... Feb 21, 2025 ... VAT is a flat tax on consumption of goods and services, usually paid ... Firstly, the net effect of an increase in VAT will mean that mean that ... Mar 15, 2024 ... Zero-Rated VAT applies to any goods or services where 0% VAT gets charged. This can include some food and drink, different types of oral ... Understanding Value-Added Taxes (VATs). As noted above, a value-added tax is a tax that is added to goods and services at every level of the supply chain. The new Government does intend to remove the VAT exemption on private school fees. Irena Scullion and Karen Robb explain what the changes could look like.