Course Detail()

The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Objective

The purpose of this programme is to familiarise participants with a better understanding on the income tax treatment and tax planning for individuals.

Programme Outline

Year of Assessment and Basis Period
Tax Residence for employees
Tax Residence for Directors
Updates on Residence Status due to Covid-19
Income tax implications for Resident and Non Resident
Types of Employment Income including:
- Bonuses
- Directors’ remuneration and Fees
- Stock Option ( Brief Discussion)
- Retirement and Retrenchment Benefits
- Interest free or subsidized loans to employees and directors
- Benefits in Kind
- Others
Issues related to IR8A
Issues related to IR21
Dual Employment
Area Representative
Not Ordinarily Resident
Reliefs and Rebates
Double Tax Agreement and Individual Tax
Tax Planning for Individuals
Latest updates 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

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Personnel who are involved in handling Personal Income Tax for clients and for those who are involved in preparing IR8A or advising on Individual tax planning.

Schedule & Fees

Testimonial

Past Participant

Funding

1] NTUC Union Training Assistance Programme (UTAP)

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 2025.

*Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This excludes material fees, registration fees, misc. fees etc.

This course is approved for UTAP support for intakes conducted between 08 February 2024 – 31 March 2025.

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.

For more information on UTAP Funding and to submit for UTAP claims, please visit https://www.ntuc.org.sg/uportal/programmes/union-training-assistance-programme. Terms and conditions apply.

Programme Facilitator(s)