Course Detail()

UTAP Funding

7.00 CPE Hours (Others)
Classroom

Programme Objective


This 1 day programme will address the following: 

  • Understanding the concepts of the Goods & Services Tax (GST), its rules and regulations. 
  • Administering the registered entity’s compliance with the various rules and regulations. 
  • Accounting for GST and completing the periodic GST returns for submission to the Inland Revenue Authority of Singapore. 
  • Maintaining accounting and other related records to ensure compliance with the GST rules and regulations.

Programme Outline

 

  • Concepts of Goods & Services Tax
  • GST Rules & Regulations
  • Timing of Supply
  • Administration of GST
  • Accounting for GST
  • GST on Imported Services – Reverse Charge and Overseas Vendor System
  • Completing GST forms and returns
  • Inter Co Billing & Recovery of Expenses
  • Partial Exempt Trades and Input Tax Recovery
  • Types Of GST Registration
  • Transfer of Going Concern
  • GST on Fringe Benefits to employees
  • Bad Debts Relief
  • Record keeping requirements
  • Documents to be maintained for exports
  • GST on Imports & Schemes to defer
  • Procedures for pre-registration input tax claims
  • Common Errors on filling GST Forms
  • GST & E-Commerce
  • Zero-rated services  (including updates)
  • GST for cash transactions
  • GST Advance Ruling System
  • GST: Assisted Compliance Assurance Programme (ACAP) and Assisted Self-Help Kit (ASK)
  • Update on GST circulars from IRAS


Training Methodology

Lecture style with Quiz / Knowledge Check


Closing Date for Registration

1 week before programme or until full enrolment.

 

Intended For

Accountants, administrators and managers who oversee the GST compliance process.

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2022. *This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2021 – 31 March 2022.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

 

Programme Facilitator(s)

Programme Objective


This 1 day programme will address the following: 

  • Understanding the concepts of the Goods & Services Tax (GST), its rules and regulations. 
  • Administering the registered entity’s compliance with the various rules and regulations. 
  • Accounting for GST and completing the periodic GST returns for submission to the Inland Revenue Authority of Singapore. 
  • Maintaining accounting and other related records to ensure compliance with the GST rules and regulations.

Programme Outline

 

  • Concepts of Goods & Services Tax
  • GST Rules & Regulations
  • Timing of Supply
  • Administration of GST
  • Accounting for GST
  • GST on Imported Services – Reverse Charge and Overseas Vendor System
  • Completing GST forms and returns
  • Inter Co Billing & Recovery of Expenses
  • Partial Exempt Trades and Input Tax Recovery
  • Types Of GST Registration
  • Transfer of Going Concern
  • GST on Fringe Benefits to employees
  • Bad Debts Relief
  • Record keeping requirements
  • Documents to be maintained for exports
  • GST on Imports & Schemes to defer
  • Procedures for pre-registration input tax claims
  • Common Errors on filling GST Forms
  • GST & E-Commerce
  • Zero-rated services  (including updates)
  • GST for cash transactions
  • GST Advance Ruling System
  • GST: Assisted Compliance Assurance Programme (ACAP) and Assisted Self-Help Kit (ASK)
  • Update on GST circulars from IRAS


Training Methodology

Lecture style with Quiz / Knowledge Check


Closing Date for Registration

1 week before programme or until full enrolment.

 

Intended For

Accountants, administrators and managers who oversee the GST compliance process.

Programme Facilitator(s)


No course instances or course instance sessions available.