A Walk-Through of a Typical Vat Return

The obligation to file a VAT return is one which applies to most businesses engaged in significant economic activity. During this 3-hour session, the speaker will set out the salient concepts and principles underpinning the standard (Article 10) VAT return before providing a thorough, box-by-box, overview of the VAT return. The most recent updates implemented by the Malta Tax and Customs Administration will be flagged and explained and the manner in which subsequent corrections to a VAT return are to be made will also be discussed. Throughout the session, the speaker will call on his experience to provide practical examples and highlight common pitfalls typically encountered.

The Speaker

Kieran Vassallo is an advisor within the tax function at KPMG Malta, specialising particularly in the area of VAT and other indirect taxes. Kieran joined KPMG in 2020 following graduation at the University of Malta with distinction having completed the Master in Accountancy course. Since joining KPMG, Kieran has been involved in the provision of tax advisory and compliance services to clients operating in various industries. Kieran holds a Diploma in VAT Compliance (Malta) issued by the Association of Taxation Technicians (ATT) and is currently reading for the Advanced Diploma in International Taxation (ADIT). In December 2021, Kieran was awarded the Worshipful Company of Tax Advisers prize for obtaining the highest mark in the EU VAT Module of ADIT.