All About VAT & Its Accounting Treatment | Value Added Tax | Accountant Training Series 27 | By MAS

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  • Опубліковано 18 січ 2025

КОМЕНТАРІ • 82

  • @gabbyokhams3130
    @gabbyokhams3130 Рік тому +3

    Thanks for the knowledge shared. More grace

  • @Style_Stitch123
    @Style_Stitch123 4 дні тому

    Very informative video....

  • @zohajamil9831
    @zohajamil9831 Рік тому +1

    A Perfect easy guide to VAT

  • @J.AsadAli
    @J.AsadAli 2 місяці тому +3

    Great Work, You explained very well,

  • @jaffarsadiq6969
    @jaffarsadiq6969 Рік тому +1

    Jazakallah very useful

  • @asjadgondal120
    @asjadgondal120 Рік тому +1

    Amazing way Boss

  • @ScarVenom97
    @ScarVenom97 Рік тому +2

    amazing

  • @AbdulwahedJaihon
    @AbdulwahedJaihon 6 місяців тому +1

    Great explanation, very simple and useful.

  • @ijazahmad23
    @ijazahmad23 Рік тому +1

    great knowledge

  • @shanthasenanayaka1385
    @shanthasenanayaka1385 Рік тому +1

    Thank you very much Sir.

  • @SumaiyaSumi-s4c
    @SumaiyaSumi-s4c 10 місяців тому

    Thank you sir

  • @dilushajayasekara7430
    @dilushajayasekara7430 Рік тому

    Great Job! Thanks for sharing you knowledge.

  • @hemabenjadav8809
    @hemabenjadav8809 Рік тому +1

    Awesome video!

  • @nunanj213
    @nunanj213 Рік тому +1

    Thanks ❤

  • @Gamer_120dicord
    @Gamer_120dicord 9 місяців тому

    Masha Allah...good class

  • @aariyanfashion9994
    @aariyanfashion9994 11 місяців тому +1

    Amazing explanation👏👏

  • @rebeccadsouza7089
    @rebeccadsouza7089 Рік тому +2

    Thank you for sharing your knowledge with all🙏

  • @PozeChingambo-rz6wk
    @PozeChingambo-rz6wk 20 днів тому

    great work

  • @Usama_Chaudhry
    @Usama_Chaudhry 2 місяці тому +1

    Appreciated Sir

  • @mohammadasad694
    @mohammadasad694 2 місяці тому

    جزاک اللہ خیراً

  • @priyaabi14
    @priyaabi14 2 місяці тому

    Such Clear Explanation Thank you so much sir 🎉

  • @majsalivio1240
    @majsalivio1240 Місяць тому

    Thanks brother..

  • @haiderabbasi2857
    @haiderabbasi2857 Рік тому

    Easyly Great learning video

  • @saadmasood7653
    @saadmasood7653 Рік тому +1

    amazing

  • @niku028
    @niku028 Рік тому

    Amazing style of teaching

  • @SyedFaizanShah-b5j
    @SyedFaizanShah-b5j Рік тому +1

    thanks for sharing

  • @Pastfacts.
    @Pastfacts. Рік тому +1

    Thank U very Much sir I was Looking for this video.

  • @aamirraza6503
    @aamirraza6503 Рік тому

    Learned a lot sir. Bundle of Thanks.

  • @AlphaHomesRealEstate
    @AlphaHomesRealEstate Рік тому +1

    Dear Kindly Info for real estate vat recording

  • @ahsanamin3836
    @ahsanamin3836 Рік тому +1

    grateful

  • @haiderabbasi2857
    @haiderabbasi2857 Рік тому +1

    Thank u so much sir

  • @tarekhussein4940
    @tarekhussein4940 8 місяців тому

    very good thx sir for your help can you share the excel sheet for this plz

  • @aman_modi3830
    @aman_modi3830 11 місяців тому

    Sir make a pratical video for account payable work

  • @maths8619
    @maths8619 Рік тому

    Did you hear about Silvacredit financial bank

  • @tansirakrami7383
    @tansirakrami7383 Рік тому +5

    Jazakallahu khair ❤ if we can get this demo Excel file, it would be great 👍

  • @shahhussain7836
    @shahhussain7836 Рік тому

    Sir can you please make one tutorial on depreciation thank you

  • @MeharSidhu-x8g
    @MeharSidhu-x8g 11 місяців тому

    Is this vat as same as in uk ?

  • @rachanajoshi5984
    @rachanajoshi5984 11 місяців тому

    thank you for sharing this video, but for my knowledge can u let me know that when we filled return in portal the amount of vat payable or receivable how government will know that on which company we claimed and receive the vat ?

  • @hadislibrary1325
    @hadislibrary1325 Рік тому

    Can you semd me the vat sale purchase entries and the whole format of excel . Jazakallah Khair

  • @charteredprofession444
    @charteredprofession444 Місяць тому

    Is this vedio also relevant for KSA????

  • @SURESHSURESH-eg9xh
    @SURESHSURESH-eg9xh Рік тому +1

    how we can claim the vat paid for the purchase of fixed assets? can we claim it same month or how?

    • @PJMcInerney
      @PJMcInerney Рік тому

      are you registered for VAT. If so you can claim on your quarterly return

  • @manishtripathi7077
    @manishtripathi7077 10 місяців тому

    Latest update on vat pls ahare

  • @theaque4
    @theaque4 Рік тому +1

    Asslam walekum sir. I complete my telly course one year ago and now i revision it from UA-cam and i watched all classes and now i can do all type of entries but my question is that enough to get a job in gulf countries

    • @masteringaccountingskills7717
      @masteringaccountingskills7717  Рік тому +3

      Wa alikum Salam,
      Be confident, nothing is impossible, you can do everything, just work hard to get your dream opportunity. Most importantly, have a strong trust in Allah.
      Wish you all the best.

    • @theaque4
      @theaque4 Рік тому

      @@masteringaccountingskills7717 Thank you

  • @SmartHomeSolutionsae
    @SmartHomeSolutionsae 3 місяці тому +1

    brother can i get this sheet?

  • @RajabBukhari1
    @RajabBukhari1 3 місяці тому +1

    can you please share this sheet

    • @masteringaccountingskills7717
      @masteringaccountingskills7717  3 місяці тому

      In video description Link is available.
      Click on it to download. If you don't know how to download, Just follow the instructions written there

  • @muhammadakbar9049
    @muhammadakbar9049 11 місяців тому

    Hi. We are newly registered to UAE vat. Can we take input of vat paid against imports of goods in 2022 in our 1st vat return?

    • @Areeba_j
      @Areeba_j 6 місяців тому

      Hey you can only claim the vat from the tax period started

  • @Pastfacts.
    @Pastfacts. Рік тому +1

    Is it Enough for accountant to handle uae vat?

    • @masteringaccountingskills7717
      @masteringaccountingskills7717  Рік тому

      Major area is covered.
      Some rare cases like tourist refund, or other small issues can be learn by reading VAT Law relevant areas.

    • @Pastfacts.
      @Pastfacts. Рік тому

      Now My Question Is, In Pakistan we make Pos Id of Income tax such as Withholding and while Sale we also Did same process.What is the situation in uae if a company purchase some Goods or Service.

    • @masteringaccountingskills7717
      @masteringaccountingskills7717  Рік тому

      @sohailkhan-od2vj no here it is simple, just you have to report sales & vat on sales and purchase & vat on purchase. No seperate Ids

    • @Pastfacts.
      @Pastfacts. Рік тому

      @@masteringaccountingskills7717 please Make a video for us on this topic that how we Deposit and what is the necessary step that have been following in Uae Website.
      Your this Lecture will help us to get job in Dubai.

  • @saadmasood7653
    @saadmasood7653 Рік тому +1

    What is the difference in VAT and GST?

  • @shahhussain7836
    @shahhussain7836 Рік тому

    Thank you sir I was searching for this information but one thing make me confuse regarding VAT return account we need to create an account VAT return under which head

    • @masteringaccountingskills7717
      @masteringaccountingskills7717  Рік тому

      Under current liabilities
      You can name it either as VAT Return
      Or as Net Vat Payable

    • @shahhussain7836
      @shahhussain7836 Рік тому

      @@masteringaccountingskills7717 thank you so much

    • @asimislaamindia9542
      @asimislaamindia9542 Рік тому

      If you pay vat then create under current liability and if you charge from the customer then you create under current assets

  • @MrFaisal7886
    @MrFaisal7886 Рік тому

    I have 1 question plz help me sir as you said we cannot claim vat on refreshment and entertainment for staff but in my company water company which is consumed by our office staff as well as for guest they are providing vat invoice on our company name can we claim that vat on bill of water .

    • @masteringaccountingskills7717
      @masteringaccountingskills7717  Рік тому

      Drinking water is not a refreshment item, cold drinks, icecreams, staff lunch parties etc will be counted as refreshment item.

  • @adilhumayun125
    @adilhumayun125 14 днів тому

    Assalamu alaikum Sir..
    Sir, How can i get a job in Sharjah...as an Accountant

  • @J.AsadAli
    @J.AsadAli 2 місяці тому +1

    why don't you make videos in urdu?

    • @FatimaAmtul-n2o
      @FatimaAmtul-n2o 2 місяці тому +2

      Why don't you appreciate his efforts?? He already mention how busy he is in this video

    • @J.AsadAli
      @J.AsadAli 2 місяці тому +2

      @@FatimaAmtul-n2o I really appreciate Sir for making these videos. Allah mazeed se nawaza Sb ko, Ameen

    • @FatimaAmtul-n2o
      @FatimaAmtul-n2o 2 місяці тому

      @@J.AsadAli ameen

  • @AuditinfoAudit-ub6cy
    @AuditinfoAudit-ub6cy 11 місяців тому

    Mitran da na chal da😂

  • @muhammadqasim459
    @muhammadqasim459 11 місяців тому

    English daaan urdu ma samja dy 😂

  • @arnoldbanda2010
    @arnoldbanda2010 Рік тому

    @masteringaccountingskills7717 is there a way you can share that same excel sir ?

  • @fasihgohar6027
    @fasihgohar6027 Рік тому

    How we can connect with you... If we need any thing in accounts...? Any contact number or E. Mail ID..

  • @abidmujahid-p1x
    @abidmujahid-p1x 3 місяці тому +1

    Many thanks for valuable support, my from Pakistan having 10 years tax experience. After see ur videos I realise UAE tax is very easy to understand. Can you please share your email or contact details.

  • @najeebamadksd6902
    @najeebamadksd6902 9 місяців тому +1

    Thank you sir

  • @arnoldbanda2010
    @arnoldbanda2010 Рік тому

    @masteringaccountingskills7717,is there a way you can share that same excel sir ?