The Chartered Institute of Taxation (CIOT) (Institute of Indirect Taxation (IIT) )

The Institute of Indirect Taxation was founded in 1991 to establish a professional body of indirect tax practitioners to regulate and support its members in providing services to clients of a recognised and consistently high standard. It is the only professional organisation that specialises totally in supporting standards and professionals in indirect taxation.

The Institute of Indirect Taxation (IIT) has merged with the Chartered Institute of Taxation (CIOT) on 1 August 2012. All the information relevant to the merged Institute is now available at The Institute of Indirect Taxation – The Chartered Institute of Taxation (Official website) . IIT information on the Diploma is available at: Diploma in VAT.

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Diploma in VAT Compliance – Applications for October 2013 Intake .

Diploma in VAT Compliance FACT SHEET
About the Diploma
Diploma Syllabus 2013
.No. Description ..Schedule.. 2013 .MIM.Training. Fees ..IIT.. Fees
1 Diploma in VAT Compliance October Diploma in VAT Schedule 1,650 € Click here

The Diploma in VAT Compliance (Intake 8 ) is being run once again by the Malta Institute of Management (MIM). VAT planning has become a major activity given the complexity and requirements that the Directives and legislation bring with them. Professionals and persons compiling the VAT form may not be fully aware of these planning opportunities and compliance issues. Many tax advisers focus primarily on the Direct Taxation but fail to plan the VAT aspect in the most efficient manner. The Diploma in VAT compliance is a tool to understand better the VAT legislation and to ensure better planning.

The Diploma takes a very pragmatic approach and is based on practical case studies. It also considers the individual needs of the busy professional. In fact, for example, all examinations and tests are held online. There is a test after every module (3 modules) and then a final exam after the three modules. The students may sit for the examination and tests at a date and time convenient to them. The tests and examinations are only to be held by persons wanting to obtain the Diploma. Persons who wish to attend for the lessons and obtain an attendance certificate may do so too. As an additional benefit the lessons normally qualify for CPE hours for accountants. To qualify to sit the modular tests and the diploma examination candidates must register with The Institute of Indirect Taxation.

The Diploma is based on 17 sessions covering the following subjects:

  • Introduction to Maltese VAT Legislation
  • Scope of Tax
  • Registration
  • Liability of the Supply
  • Deemed Supplies and Self-Supplies
  • Value of the Supply
  • Time of the Supply
  • Input Tax: When to Recover
  • Partial Exemption
  • VAT Records
  • VAT Return & Accounting for VAT
  • Control Visits, Appeals and Assessments
  • Additional Tax and Penalties
  • International Aspects: Goods
  • International Aspects: Services
  • Capital Goods Scheme
  • Special Schemes

As part of the MIM Training Package MIM will be offering NEW students on the Diploma in VAT Compliance  a 50% discount on the attendance to the MIM 2013 VAT Conference (subject to place availability). The Diploma is delivered by leading local experts: Dr.Sarah Aquilina, Mr. James Bonavia, Mr. Tony Pace, Mr. Saviour Bezzina, Mr. Josef Mercieca & Mr. Chris Borg. Successful students will be entitled to write the designatory letters IIT (DIP) after their name.

This Diploma is targeted to:

  • Persons interested in understanding VAT better
  • Persons compiling VAT returns
  • Account Clerks
  • Accountants
  • Lawyers
  • Law Students
  • Management Consultants
  • Tax Advisors
  • Finance Advisors
  • Notaries
  • Others who have an interest in the field.

Group and Corporate Discounts are applicable.

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Online Application Form October 2013-