Course Detail()

SkillsFuture Credit, UTAP Funding

7.00 CPE Hours (Others)
Classroom

Programme Objective

This workshop aims to provide participants with a good understanding of the current practices relating to corporate tax planning. Participants will learn the key tax issues and considerations of doing business and investments in Singapore. This workshop will also provide you with the common techniques to minimize tax costs through tax efficient structuring and planning

Programme Outline

  • Introduction – Singapore tax system: taxability and deductibility rules
  • Difference between tax avoidance and tax evasion
  • Taxation aspects of different business entities: sole proprietorship, partnership/limited liability partnership, private limited company, branch, representative office, etc.
  • Tax factors and considerations in determining your corporate or investment structure
  • Planning your financing structure
  • Tax issues and considerations relating to mergers and acquisitions: share deal vs asset deal, tax due diligence, utilization of losses/capital allowances, etc
  • Common pitfalls to avoid
  • Questions and answer session


Training Methodology
Lecture style, with Case Studies and Examples

Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

Tax professionals, Accounting and Finance professionals who are charged with tax planning and optimization responsibilities. Non-tax professionals who are concerned with the company’s bottom-line and work closely with tax staff to achieve tax efficiency for the company.

Schedule & Fees

Testimonial


Very clear and insightful programme, and the instructor has made it very interesting with real life cases and the rationale of the various decisions made to resolve the cases. Also very good tips and advice given. I had learnt a lot from the course and hope there’ll be similar courses in future.

Past Participant

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 27 Jun 2023
Course Reference Number: TGS-2019504147

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. You may wish to use your SFC to pay for partial/full ISCA course fees. 

On 1 Oct 2020, the Government provided a one-off SkillsFuture Credit Top-up of $500 for all eligible Singaporeans aged 25 or above by 31 Dec 2020. Singaporeans aged 40 to 60 by 31 Dec 2020 will also receive an Additional SkillsFuture Credit (Mid-Career Support) of $500 which can be used for courses under: (i) SGUnited Skills Programme, (ii) SGUnited Mid-Career Pathways Programme – Company Training, and (iii) Career Transition Programmes. This additional SFC (Mid-Career Support) is NOT applicable for use on ISCA courses. (For more information on the SFC scheme, please visit www.myskillsfuture.gov.sg)

If you wish to enrol for the course with SFC Funding, please proceed with the following steps:

Failure to submit claim application and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use. Please note that there will be an administrative fee of $42.80 for any revision of invoice.


2] WDA Training Grant - SDF Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply). 

Funding Period: Until 27 Jun 2023
Funded Hours: 7 hours
Course Reference Number: TGS-2019504147

If you wish to enrol participants with SDF Funding, please proceed with the following steps (For Corporate enrolments only) :

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for WDA Funding?”, click Yes and input all required information. At the Cart page, please ensure that SDF funding is applied before clicking “Checkout”.
     

 

For course run start date before 1 Nov 2020, submit training grant application in SCN until 30 Nov 2020.

For course run start date on or after 1 Nov 2020, Enterprises/employers are NOT required to log into TPGateway/SCN to submit training grant.

Remarks

Step 2: After receiving email that the programme status is confirmed, please proceed to submit the Training Grant application via SkillsConnect Portal (https://www.skillsconnect.gov.sg/).

Employers of company-sponsored participants must submit training grant via SkillsConnect to obtain training grant for course fees. You may submit the Training Grant application within the period from 30 days before the course start date to 30 days after course start date.

The employee’s enrolment, attendance and assessment recordswill be submitted by ISCA onto TPGateway.


Please note that there will be an administrative fee of $42.80 for any revision of invoice.

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).

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

To find more on the UTAP funding and support validity period please click here.


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 workshop aims to provide participants with a good understanding of the current practices relating to corporate tax planning. Participants will learn the key tax issues and considerations of doing business and investments in Singapore. This workshop will also provide you with the common techniques to minimize tax costs through tax efficient structuring and planning

Programme Outline

  • Introduction – Singapore tax system: taxability and deductibility rules
  • Difference between tax avoidance and tax evasion
  • Taxation aspects of different business entities: sole proprietorship, partnership/limited liability partnership, private limited company, branch, representative office, etc.
  • Tax factors and considerations in determining your corporate or investment structure
  • Planning your financing structure
  • Tax issues and considerations relating to mergers and acquisitions: share deal vs asset deal, tax due diligence, utilization of losses/capital allowances, etc
  • Common pitfalls to avoid
  • Questions and answer session


Training Methodology
Lecture style, with Case Studies and Examples

Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

Tax professionals, Accounting and Finance professionals who are charged with tax planning and optimization responsibilities. Non-tax professionals who are concerned with the company’s bottom-line and work closely with tax staff to achieve tax efficiency for the company.

Programme Facilitator(s)


No course instances or course instance sessions available.