Course Detail(TAX051 : GST: Are You Ready to sign-off?)

SkillsFuture Credit

TAX051 : GST: Are You Ready to sign-off?

14.00 CPE Hours (Others)
Classroom

Important:
If you wish to use your SFC to pay for partial/full ISCA course fee , please login to the SFC portal (http://www.skillsfuture.sg/credit) with your Singpasswithin 60 days before the course start date to submit a SFC Claim and obtain the necessary approval. For more information on SFC procedure, please click here.
 
Failure to submit claim application via SkillsFuture Portal and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use and an administrative fee of $42.80 to revise the invoice based on the amount of SFC you have indicated to use.


SDF Funding (Corporate Registration only)
To enroll participants with SDF Funding, please click here to download the manual form.
Online registration via ISCA Portal will not be eligible for SDF Funding.


Programme Objective

With effect from 1 January 2013, for the purpose of applying for GST schemes where the Assisted Self-help Kit (ASK) is specified as a pre-requisite, it must be reviewed by Accredited Tax Practitioner (GST) [ATP (GST)] or Accredited Tax Advisor (GST) [ATA (GST)] of Singapore Institute of Accredited Tax Professionals (SIATP). The requirement of involving ATP (GST) or ATA (GST) applies even right now - from Apr 2011 when IRAS launched its compliance initiative, Assisted Compliance Assurance Programme (ACAP), in an unprecedented manner.
.
As ATP (GST) or ATA (GST), you must be motivated and encouraged by such moves as they signal the wave of the future demand for the tax profession in the competitive economy. It is also reasonable to expect more such certification requirements be announced in the near future. In taking up the challenges in the engagements of review and certification, are you equipped with the necessary skills and knowledge? Are you technically ready for such engagements?
.
This practical workshop aims to share with you some insights of such reviews, enhance your capabilities in performing the respective roles in the areas of technical applications as well as compliance review.
 

Programme Outline

Your Options and Opportunities in
       •  Signing off the ASK Declaration Form;
       •  Leading the team to review ACAP; or
       •  Participating as member in the ACAP Review TeamYour Role and Responsibilities as
       •  ATP(GST) / ATA (GST) signing off the ASK Declaration Form;
       •  ATP(GST) / ATA (GST) participating as member of the ACAP Review Team; and
       •  ATP (GST) / ATA (GST) signing off as ACAP Reviewer
Your Value-adds in
       •  Advising the appropriate applications of the relevant concepts
               •  The Ingredients for an appropriate GST applications
               •  Some controversial issues in
                     • Registration
                     • Business, Persons and Supply
                     • Removal and Exports
                     • Domestic and International Services
                     • Relief and Exemption
                     • Output Tax and Input Tax
                     • Obligations and Entitlements
                     • Tax Planning and Tax Avoidance
       •  Guiding the process on GST reporting to ensure that the right amount of tax is accounted for at the
          right time, if not, the necessary remedy
               •  The essential components of GST compliance assurance
               •  Identification of the Primary and Secondary Risks of the respective GST Schemes where
                  review is required
               •  Identification of the GST Risks of the client
               •  The system in placing the right item in the right category at the right time
      and
       •  Suggesting refinement of fine operational details for avoidance of the common pitfalls.
 
Training Methodology

Lecture style, with Case Studies and Examples.
 
Closing Date for Registration

1 week before programme or until full enrolment.
 

Intended For

Accredited Tax Practitioner (GST) [ATP (GST)] or Accredited Tax Advisor (GST) [ATA (GST)] of Singapore Institute of Accredited Tax Professionals (SIATP) who see the business opportunities in undertaking such upcoming engagements. CFO, Directors, CEOs, Partners, Sole proprietors, and senior professionals of any organization who like to broaden their perspective of the GST issues before making business decision in engaging the professional services are welcome to attend too.

Competency Mapping

Others = 14.00 Hours

Schedule & Fees

Date & Time

04 Dec 2018 (9:00 AM - 5:00 PM)
05 Dec 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Eng Li Ming

Date & Time

18 Dec 2017 (9:00 AM - 5:00 PM)
19 Dec 2017 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Eng Li Ming

Date & Time

16 Jun 2016 (9:00 AM - 5:00 PM)
17 Jun 2016 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Eng Li Ming
Eng Li Ming

Testimonial

Funding

1] SkillsFuture Credit
Funding Period: Until 23 Oct 2019

Course Ref No.: CRS-N-0035491

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. The credits will not expire and periodic top-ups will be provided by the government. SkillsFuture credit may be accumulated to pay for skills related course fees. For more information on the SkillsFuture Credit scheme, please visit http://www.skillsfuture.sg/credit

If you wish to use your 
SFC to pay for partial/full ISCA course fee , please login to the SFC portal(http://www.skillsfuture.sg/creditwith your Singpasswithin 60 days before the course start date to submit a SFC Claim and obtain the necessary approval. For more information on SFC procedure, please click here.
 
Failure to 
submit claim application via SkillsFuture Portal and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use and an administrative fee of $42.80 to revise the invoice based on the amount of SFC you have indicated to use.

2] SDF Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (eligibility criteria apply). 
 
To enroll participants with SDF Funding, please click here to download the manual form.
Incomplete registration form will not be processed.  
Online registration via ISCA Portal will not be eligible for SDF Funding. Please note that there will be an admin fee of $42.80 for any wrong registration or revision of invoice. 
 
Funding Period: Until 23 Oct 2019
Funded Hours: 14 hours

Course Ref No.: CRS-N-0035491
 
Eligibility Criteria:

  • Company must be registered or incorporated in Singapore and;
  • Applicant is taking the course for the first time.
  • Applicant must be employed, and is either Singapore Citizen or Permanent Resident of Singapore and;
  • Applicant must achieve at least 75% attendance, and pass all examinations /assessments and;
  • Applicant must be fully sponsored by the Company for all costs associated with the training and;
  • Payment has to be made via corporate means (e.g. corporate cheque, corporate GIRO, corporate credit card).

Programme Facilitator(s)


Mrs Eng Li Ming
Accredited Tax Advisor (GST) of the Singapore Institute of Accredited Tax Professionals (SIATP)
 
Li Ming is an Accredited Tax Advisor (GST) of the Singapore Institute of Accredited Tax Professionals (SIATP). She customizes GST compliance review and training programmes for businesses, local CPA firms or foreign tax administrations. The customized programmes for tax administrations have benefited various local tax offices in China, Brunei-Ministry of Finance, Maldives Inland Revenue Authority, The Seychelles Tax Administration,  Royal Malaysian Customs Department (“RMCD’), some African countries and a GST office in one of the states in India.  Also, she conducts practical workshops (e.g., for Institute of Singapore Chartered Accountants) or structured training programmes (e.g., for Tax Academy) in the GST areas that she specializes.
 
Before 2012, Li Ming was a Tax Director of GST-Large Businesses Branch in the Inland Revenue Authority of Singapore (IRAS). She is one of the pioneers personally and actively engaged in preparing for Singapore’s “non-event” GST implementation.
In the last two decades, she made significant contributions to the GST administration, improving business friendliness and operational efficiency. These are reflected in resolving technical issues and dealing with GST rulings, initiating and implementing GST policy changes for the various sectors which range from manufacturing, real estate, telecommunications, logistics, and the financial industries.
 
On the compliance front, she was personally involved in the development of two compliance programmes specifically designed by IRAS to facilitate voluntary compliance - Assisted Self-help Kit (ASK) and Assisted Compliance Assurance Programme (ACAP). Such programmes were successfully launched and have been well-received by GST-registered businesses. 

 

Important:
If you wish to use your SFC to pay for partial/full ISCA course fee , please login to the SFC portal (http://www.skillsfuture.sg/credit) with your Singpasswithin 60 days before the course start date to submit a SFC Claim and obtain the necessary approval. For more information on SFC procedure, please click here.
 
Failure to submit claim application via SkillsFuture Portal and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use and an administrative fee of $42.80 to revise the invoice based on the amount of SFC you have indicated to use.


SDF Funding (Corporate Registration only)
To enroll participants with SDF Funding, please click here to download the manual form.
Online registration via ISCA Portal will not be eligible for SDF Funding.


Programme Objective

With effect from 1 January 2013, for the purpose of applying for GST schemes where the Assisted Self-help Kit (ASK) is specified as a pre-requisite, it must be reviewed by Accredited Tax Practitioner (GST) [ATP (GST)] or Accredited Tax Advisor (GST) [ATA (GST)] of Singapore Institute of Accredited Tax Professionals (SIATP). The requirement of involving ATP (GST) or ATA (GST) applies even right now - from Apr 2011 when IRAS launched its compliance initiative, Assisted Compliance Assurance Programme (ACAP), in an unprecedented manner.
.
As ATP (GST) or ATA (GST), you must be motivated and encouraged by such moves as they signal the wave of the future demand for the tax profession in the competitive economy. It is also reasonable to expect more such certification requirements be announced in the near future. In taking up the challenges in the engagements of review and certification, are you equipped with the necessary skills and knowledge? Are you technically ready for such engagements?
.
This practical workshop aims to share with you some insights of such reviews, enhance your capabilities in performing the respective roles in the areas of technical applications as well as compliance review.
 

Programme Outline

Your Options and Opportunities in
       •  Signing off the ASK Declaration Form;
       •  Leading the team to review ACAP; or
       •  Participating as member in the ACAP Review TeamYour Role and Responsibilities as
       •  ATP(GST) / ATA (GST) signing off the ASK Declaration Form;
       •  ATP(GST) / ATA (GST) participating as member of the ACAP Review Team; and
       •  ATP (GST) / ATA (GST) signing off as ACAP Reviewer
Your Value-adds in
       •  Advising the appropriate applications of the relevant concepts
               •  The Ingredients for an appropriate GST applications
               •  Some controversial issues in
                     • Registration
                     • Business, Persons and Supply
                     • Removal and Exports
                     • Domestic and International Services
                     • Relief and Exemption
                     • Output Tax and Input Tax
                     • Obligations and Entitlements
                     • Tax Planning and Tax Avoidance
       •  Guiding the process on GST reporting to ensure that the right amount of tax is accounted for at the
          right time, if not, the necessary remedy
               •  The essential components of GST compliance assurance
               •  Identification of the Primary and Secondary Risks of the respective GST Schemes where
                  review is required
               •  Identification of the GST Risks of the client
               •  The system in placing the right item in the right category at the right time
      and
       •  Suggesting refinement of fine operational details for avoidance of the common pitfalls.
 
Training Methodology

Lecture style, with Case Studies and Examples.
 
Closing Date for Registration

1 week before programme or until full enrolment.
 

Intended For

Accredited Tax Practitioner (GST) [ATP (GST)] or Accredited Tax Advisor (GST) [ATA (GST)] of Singapore Institute of Accredited Tax Professionals (SIATP) who see the business opportunities in undertaking such upcoming engagements. CFO, Directors, CEOs, Partners, Sole proprietors, and senior professionals of any organization who like to broaden their perspective of the GST issues before making business decision in engaging the professional services are welcome to attend too.

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)

Mrs Eng Li Ming
Accredited Tax Advisor (GST) of the Singapore Institute of Accredited Tax Professionals (SIATP)
 
Li Ming is an Accredited Tax Advisor (GST) of the Singapore Institute of Accredited Tax Professionals (SIATP). She customizes GST compliance review and training programmes for businesses, local CPA firms or foreign tax administrations. The customized programmes for tax administrations have benefited various local tax offices in China, Brunei-Ministry of Finance, Maldives Inland Revenue Authority, The Seychelles Tax Administration,  Royal Malaysian Customs Department (“RMCD’), some African countries and a GST office in one of the states in India.  Also, she conducts practical workshops (e.g., for Institute of Singapore Chartered Accountants) or structured training programmes (e.g., for Tax Academy) in the GST areas that she specializes.
 
Before 2012, Li Ming was a Tax Director of GST-Large Businesses Branch in the Inland Revenue Authority of Singapore (IRAS). She is one of the pioneers personally and actively engaged in preparing for Singapore’s “non-event” GST implementation.
In the last two decades, she made significant contributions to the GST administration, improving business friendliness and operational efficiency. These are reflected in resolving technical issues and dealing with GST rulings, initiating and implementing GST policy changes for the various sectors which range from manufacturing, real estate, telecommunications, logistics, and the financial industries.
 
On the compliance front, she was personally involved in the development of two compliance programmes specifically designed by IRAS to facilitate voluntary compliance - Assisted Self-help Kit (ASK) and Assisted Compliance Assurance Programme (ACAP). Such programmes were successfully launched and have been well-received by GST-registered businesses. 

 

Upcoming Schedule

Registration is closed

Date & Time

04 Dec 2018 (9:00 AM - 5:00 PM)
05 Dec 2018 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 620.60
For Non-Members: $ 736.16

Programme Facilitator(s)

Eng Li Ming

Venue

60 Cecil Street
ISCA House
Singapore 049709