If one thinks of all the different types of entertainment supplies, and all the direct or indirect ways in which a person can be supplied with "any food, beverages, accommodation, entertainment, amusement, recreation or hospitality" as contemplated by the definition, the possibilities are almost infinite.

As an input tax deduction should, in principle, not be denied in respect of legitimate business transactions, the denial of input tax is usually subject to a limited list of exceptions where certain specified conditions have to be met before the deduction of input tax may be allowed. This session deals with these specific transactions and is aimed to clarify some frequently asked questions with regards to entertainment and accommodation.

Topics Discussed:

• Agent VS Principle
• General rules on entertainment
• Commercial Accommodation explained
• VAT treatment of supplies made by accommodation establishments
• Invoicing: Time and Value of supply
• Restaurants and catering businesses
• Clubs, Associations and similar bodies
• Miscellaneous Issues
• Conferences and Trade fairs
• Employee housing
• Subletting of dwellings
• Sale of furnished flats
• Promotional gifts
• Stadiums
• Supplies by educational institutions
• Catering for film production crew

All Included:

• Video presented course
• Downloadable course material
• Certificate of training
• Assessment (optional)
• SAIT Accredited - 4 Verifiable CPD Points