As Oman gears up for value added tax (VAT) implementation, the organisations are facing a skills shortage of qualified tax professionals. To support businesses in implementing the nation’s new tax regime, PwC’s Academy, the talent and skills development business of PwC, has launched the Oman VAT Compliance Diploma.
Designed for professionals to navigate the new tax legislation, this globally recognised diploma, awarded by the Association of Taxation Technicians (ATT), covers the principles of VAT and in-depth knowledge and application of the GCC framework.
Run in partnership with Tolley, the leading worldwide provider of practical tax training, the programme will deliver comprehensive training for finance managers and tax professionals responsible for administration of VAT, and for those in a VAT regulatory role in both public and private sectors.
In a press release, Amanda Line, partner at PwC’s Academy, said, “Our role at PwC’s Academy is to facilitate the upskilling needs in the region, particularly during this time of rapid change in tax policies. We have helped businesses prepare for VAT introductions across the UAE and Saudi Arabia, and the diploma has played a key role in ensuring professionals have a clear understanding of the requirements. Extending this qualification to specialised professionals in Oman will deliver the same for this market.”
The VAT diploma is delivered by highly experienced tax professionals and is a modular format, split into four manageable sections to accommodate the demanding schedule of working professionals.