7 - 11 Jul 2025
London (UK)
Hotel : Landmark Office Space - Oxford Street
Cost : 5500 € Euro
The “Fundamentals of Taxation” training program is designed by Global Horizon Training Center to provide professionals with a thorough understanding of core taxation principles, practices, and frameworks. With tax regulations evolving globally, understanding fundamental tax concepts is essential for finance professionals, accountants, business managers, and government employees. This course offers a practical foundation in taxation, focusing on both direct and indirect taxes, compliance, and reporting.
By the end of the program, participants will be able to:
Understand key concepts and objectives of taxation.
Identify the various types of taxes and their application in different jurisdictions.
Interpret and apply tax laws and regulations correctly.
Prepare and review basic tax computations and returns.
Understand the role of tax planning and compliance in business decision-making.
Analyze the implications of taxation on business operations and financial planning.
Recognize international tax principles and treaties affecting cross-border transactions.
The course uses a blended learning methodology that includes:
Interactive lectures and presentations
Real-world case studies and practical scenarios
Group discussions and peer learning
Exercises and tax calculations
Q&A sessions with tax experts
Pre- and post-assessments to gauge progress
Organizations that nominate employees to this course will benefit through:
Improved tax compliance and reduced legal exposure.
Enhanced internal control over tax-related processes.
Efficient handling of tax planning and strategy.
Better alignment of business operations with tax regulations.
Reduced risk of fines and penalties through improved reporting accuracy.
Increased confidence in managing audits and tax authority inquiries.
This course is ideal for:
Accountants and finance professionals
Tax officers and compliance managers
Business owners and entrepreneurs
Auditors and legal advisors
Public sector officials working in revenue departments
Professionals seeking a career in taxation
Outlines
Day 1: Introduction to Taxation and Legal Frameworks
Definition and objectives of taxation
History and evolution of tax systems
Types of taxes: direct vs. indirect
Tax jurisdictions: national vs. international
Legal environment and regulatory authorities
Roles and responsibilities of taxpayers
Day 2: Personal and Corporate Income Tax
Personal income tax fundamentals
Allowances, deductions, and exemptions
Corporate income tax structure and rates
Calculation of taxable income
Filing tax returns and documentation
Common errors and audit triggers
Day 3: Indirect Taxes (VAT, GST, and Others)
Understanding Value Added Tax (VAT)
Goods and Services Tax (GST) vs. VAT
Excise duties and customs taxes
Taxable supplies and exempt goods/services
Input and output VAT reconciliation
Recordkeeping and VAT return filing
Day 4: Tax Planning and Risk Management
Principles of tax planning
Legal vs. illegal tax avoidance
Common tax planning strategies for individuals and businesses
Identifying and managing tax risks
Preparing for tax audits and inspections
Dealing with tax disputes and appeals
Day 5: International Taxation and Emerging Issues
Double taxation and tax treaties (DTTs)
Transfer pricing principles
OECD and BEPS (Base Erosion and Profit Shifting) framework
Digital economy and e-commerce taxation
Ethical considerations in taxation
Course summary and final assessment