Course Detail(TAX087v : Income Tax Implications and Tax Planning for Individuals (Live Webinar))
Not Available

UTAP Funding

TAX087v : Income Tax Implications and Tax Planning for Individuals (Live Webinar)

3.50 CPE Hours (Others)
Live Webinar

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.

Competency Mapping

Others = 3.50 Hours

Schedule & Fees
Date & Time

27 Jun 2024 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 183.12
For Non-Members: $ 218.00

Programme Facilitator(s)

A. Geetha

Venue

Online Classroom in or outside of
Singapore

Testimonial


Geetha is a very good speaker. The way she answered queries and examples she has given were clear and easy to understand.

Past Participant


Geeta is highly knowledgeable and gave practical examples which made understanding personal tax quite easy

Past Participant


Ms Geetha has been excellent all these many years. Consistent, experienced and patient lecturer.

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)


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. 

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.

Competency Mapping

Others = 3.50 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

27 Jun 2024 (9:00 AM - 12:30 PM)
Fee (inclusive of GST)

For Members: $ 183.12
For Non-Members: $ 218.00

Programme Facilitator(s)

A. Geetha

Venue

Online Classroom in or outside of
Singapore


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