Course Detail(TAX001v : GST: Operations, Accounting, Administration and Returns (Synchronous e-learning))
Not Available

SkillsFuture Credit, UTAP Funding

TAX001v : GST: Operations, Accounting, Administration and Returns (Synchronous e-learning)

7.00 CPE Hours (Others)
Live Webinar

This session is delivered via live webinar (zoom platform).

A detailed set of instructions on the Live Webinar will be sent to you closer to date.

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


Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking

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.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees
Date & Time

01 Dec 2023 (9:00 AM - 5:00 PM)

Registration is closed

Fee (inclusive of GST)

For Members: $ 279.07
For Non-Members: $ 335.23

Programme Facilitator(s)

A. Geetha

Venue

Online Classroom in or outside of
Singapore
Date & Time

30 May 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 279.07
For Non-Members: $ 335.23

Programme Facilitator(s)

A. Geetha

Venue

Online Classroom in or outside of
Singapore
Date & Time

25 Jul 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 279.07
For Non-Members: $ 335.23

Programme Facilitator(s)

A. Geetha

Venue

Online Classroom in or outside of
Singapore
Date & Time

03 Oct 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 279.07
For Non-Members: $ 335.23

Programme Facilitator(s)

A. Geetha

Venue

Online Classroom in or outside of
Singapore
Date & Time

12 Dec 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 279.07
For Non-Members: $ 335.23

Programme Facilitator(s)

A. Geetha

Venue

Online Classroom in or outside of
Singapore

Testimonial


This programme gave me a much better understanding of recent changes, updates and also helps to clear a lot of my doubts in the past.

Past Participant


Good overview of Singapore’s GST requirements that will certainly help me to review and align with my company’s operations.

Past Participant


The lecturer was very good. She is knowledgeable in the GST aspects, and is clear in her explanation. She explains the rationale for the GST rules so that it is easier for us to understand. She also brought us through some of the examples in the e-Tax guides which makes our understanding a lot easier.

Past Participant


The trainer is very experienced in her field of work and is able to teach the concepts in a manner which is simple and easily understood by the participants.

Past Participant


This programme has broaden my knowledge regarding GST as there were a lot of rules and regulations that I originally was unaware off. The trainer is also very knowledgeable & friendly and would not hesitate to answer your questions.

Past Participant


The webinar was very informative and the trainer do a great job in providing example that is applicable to real work experiences.

Past Participant


Geetha was able to make a relatively dry topic interesting, and provided easy to follow examples to elaborate on key topics/ concepts.

Past Participant


This course is fantastic for accounting professionals to gain the overall framework of GST and keep up-to-date knowledge of the latest changes in GST regulation.

Past Participant

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 05 Jan 2024
Course Reference Number: TGS-2020502466

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 $43.20 for any revision of invoice.

 

2] 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)


A. Geetha
CA (Singapore) with Certificate for Practice, MBA (Investment and Finance)

Geetha is the founder partner of a Certified Public Accounting Firm. She has more than 20 years of experience in handling Singapore Tax issues and cross border tax issues.

She regularly trains and updates practising and non-practising CAs and the general public in related field on Singapore Income Tax. She has also lectured on the Singapore Income Tax and Planning for ACCA students and students aspiring to be Chartered Financial Planners (CFP).

She has authored revision kits for tax students and also acted as an appointed examiner for an Advanced Tax Paper. 

This session is delivered via live webinar (zoom platform).

A detailed set of instructions on the Live Webinar will be sent to you closer to date.

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


Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking

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.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

A. Geetha
CA (Singapore) with Certificate for Practice, MBA (Investment and Finance)

Geetha is the founder partner of a Certified Public Accounting Firm. She has more than 20 years of experience in handling Singapore Tax issues and cross border tax issues.

She regularly trains and updates practising and non-practising CAs and the general public in related field on Singapore Income Tax. She has also lectured on the Singapore Income Tax and Planning for ACCA students and students aspiring to be Chartered Financial Planners (CFP).

She has authored revision kits for tax students and also acted as an appointed examiner for an Advanced Tax Paper. 

Upcoming Schedule

Date & Time

30 May 2024 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)

For Members: $ 279.07
For Non-Members: $ 335.23

Programme Facilitator(s)

A. Geetha

Venue

Online Classroom in or outside of
Singapore


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