ΠΕΡΙΓΡΑΦΗ

The seminar will cover the basic principles of Corporation and Personal Income Tax, Special Defence Contribution, VAT, Land Registry Fees and Stamp Duties with a separate section on property related tax matters. By the end of the seminar the participants should gain a general understanding of the basic direct and indirect tax principles that will assist them in preparing tax computations and in fulfilling their tax compliance responsibilities (payments and filing of returns/forms) correctly and on time.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the course, participants will be in position to:-

• Understand the fundamentals of corporation tax, including taxable income, losses, deferred tax, provisional/final taxation, refunds, penalties, and income tax submissions.

• Recognize key aspects of individual taxation, including benefits in kind, tax incentives, non-domicile status, and employer deductions (e.g., NHIS).

• Apply the rules of special defense contribution on dividends, interest, and rental income.

• Gain a clear understanding of VAT principles, including payments, refunds, and property-related VAT considerations.

• Identify tax implications related to property transactions, restructurings, foreclosures, and procedural requirements at the land registry.

• Comply with land registry tax obligations and stamp duty requirements for various transactions.

• Assess the implications of overdue taxes, available settlement schemes, and measures imposed by tax authorities.

• Understand current anti-tax avoidance and anti-evasion measures, strengthening compliance and risk awareness.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This seminar is addressed to:

• Accountants
• Financial Managers
• CFOs
• Auditors and Lawyers in the profession or industry

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Seminar Outline

Introduction

Section 1: Corporation Tax

Basics of Corporation tax payments and refunds

• Taxable income and losses
• Deferred tax concept
• Provisional and final taxation
• Refundable taxes
• Penalties/interest on late payments
• Income tax submissions

Section 2: Individual tax considerations

• Basics of individual tax
• Benefits in kind
• Tax incentives and concept non-domicile
• Employer deductions & NHIS

Section 3 Special defense contribution

• Actual and deemed dividend to shareholders
• Interest
• Rental income

Section 4: VAT

• VAT Principles
• VAT payments and refunds

Section 5: Property related taxes

• Sale of property tax considerations
• Restructurings/foreclosure
• Basics on properties and VAT
• Procedurals for sale of property
• Sale of property tax considerations
• Restructurings/foreclosure
• Basics on properties and VAT
• Procedurals for sale of property

Section 6: Land registry taxes

• Basics of land registry taxes

Section 7: Stamp duties

• Basics of stamp duties

Section 8: Overdue taxes

• Overdue tax payments implications and schemes +criteria
• Tax authorities measures against overdue taxes

Section 9: Fight against fraud and tax evasion

• Anti-tax avoidance actions

Summary

• Questions and Answers
• Conclusion
• Evaluation of the seminar and lecturer by participants

Certification & CPDs

All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.