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PwC launches first VAT qualification in the GCC

The diploma can be customised to meet company-specific requirements and will be offered as a public course in the UAE and Saudi Arabia

GCC countries like the UAE will start implementing VAT in January 2018 [representational image].
GCC countries like the UAE will start implementing VAT in January 2018 [representational image].

Global assurance, advisory, and tax services firm, PwC, has announced that it will start offering the GCC’s first diploma on value-added tax (VAT) next month.

In a statement, the company noted that with the region’s member states gearing up to implement VAT in 2018, there’s a need to equip employees with the skills and technical knowledge to implement and comply with the new tax regime.

According to PwC, its GCC VAT Diploma is accredited by the Association of Taxation Technicians and will provide an in-depth understanding of the principles of VAT, as well as the practical application of the legislation.

Read: How will VAT affect the GCC’s construction sector?

The programme will be taught by the firm’s tax specialists and delivered in a modular format to suit the learning preferences and schedules of working professionals, PwC added.

Jeanine Daou, partner and indirect tax leader for the Middle East at PwC, commented: “We provide a complete solution to help organisations get ready for the new VAT regime, from assessing impact and designing VAT solutions to implementing and operating them.

“A key element of getting businesses ready for this transition is upskilling their staff with the relevant skills and knowledge to implement this change.”

Read: Is the GCC's construction workforce ready for VAT?

The diploma can be customised to meet company-specific requirements and will be offered as a public course in the UAE and Saudi Arabia.

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Construction Week - Issue 729
Feb 14, 2019