When people buy goods or services, the price may include tax. Businesses need to know how to charge the right amount, keep clear records and follow tax rules. The VAT and Sales Taxes Course by PQ Global introduces learners to these important tasks.
The course explains value added tax (VAT) and sales tax in simple English. Learners discover how businesses add tax to prices, record tax on purchases and sales, and calculate the amount they may need to pay to the tax authority.
Practical examples help learners understand how these taxes work in everyday business. The course also explains why accurate records matter and how tax rules can differ between countries.
The course lasts 8 weeks. Learners study the main topics step by step. They practise basic tax calculations and explore how businesses record purchases, sales and tax payments.
PQ Global supports different learning formats to suit learners and training providers.
Face-to-face learning allows learners to study with a tutor, ask questions and work through practical examples.
Online learning gives learners access to course materials through online study.
Hybrid learning combines classroom sessions with online learning.
VAT and sales tax are taxes on certain goods and services. Governments collect these taxes to raise money for public services.
VAT usually applies at different stages of the supply chain. Businesses charge VAT on taxable sales and may recover eligible VAT paid on business purchases, subject to local rules.
Sales tax often applies when a business sells taxable goods or services to a customer. The seller collects the tax and pays it to the relevant tax authority.
Both taxes can affect the final price customers pay. However, their rules and calculation methods vary between countries.
Introduction to VAT: Understand what VAT means, why governments collect it and how it affects business transactions.
Introduction to Sales Tax: Learn how sales tax works and when a business may need to charge it.
Taxable Goods and Services: Explore how tax rules determine which products and services require tax.
VAT on Sales: Learn how businesses calculate VAT on sales and record the amount charged to customers.
VAT on Purchases: Understand how businesses record VAT paid to suppliers and when they may recover eligible amounts.
Sales Tax Calculations: Practise calculating sales tax using simple prices and tax rates.
Tax Invoices and Records: Learn why businesses issue tax invoices and keep accurate purchase and sales records.
Tax Returns and Payments: Understand why businesses report tax and meet the payment deadlines set by the relevant tax authority.
Consider a product that costs £100 before tax. If the applicable tax rate is 20%, the tax amount is £20. The customer pays £120 in total.
VAT calculations may involve more than the tax charged on sales. A business may also account for eligible VAT paid on purchases. The amount it pays to the tax authority depends on the applicable rules.
With sales tax, a business generally collects tax on taxable sales and reports it as required by local law.
Actual tax rates, exemptions and reporting rules vary by country. Learners should always check the rules that apply to their location and business.
This course suits beginners who want to understand how VAT and sales taxes affect business activities.
Students studying ACCA, ACDAP, AAT, CIMA, CPA or CIPFA may find these topics useful alongside their studies. Bookkeepers, accounts staff, business owners and office administrators may also benefit.
Training providers and educational institutions can use suitable course materials to introduce learners to these taxes.
You will learn how to calculate basic VAT and sales tax amounts. You will also understand how businesses record tax on purchases and sales.
The course explains the purpose of tax invoices and the need for accurate records. You will also learn why businesses must follow tax reporting rules and payment deadlines.
This knowledge can help you understand common tax tasks and prepare for further study in accounting and finance.
Knowledge of VAT and sales taxes can help with everyday tasks in bookkeeping, accounts administration and business finance.
Depending on your qualifications and experience, these skills may support work as an accounts assistant, bookkeeper or tax support assistant. Some roles require further training and knowledge of local tax laws.
Business owners can also use this knowledge to understand tax on sales, keep better records and ask informed questions when seeking professional advice.
PQ Global creates ready-made course materials in accounting, finance, taxation and digital marketing. These resources help training providers deliver structured learning without creating every resource themselves.
Our materials explain key concepts in simple English and use practical examples to support understanding. We work with education providers and businesses to identify suitable content for their learners.
PQ Global helps make learning clear and accessible. Our materials cover important subjects and explain them in a way that learners can follow.
We support training providers, educational institutions and businesses that need useful course content for their learners or staff.
Want to learn more about VAT and sales taxes or offer this subject to your learners? Contact PQ Global to discuss your requirements and explore suitable course materials.