Course Detail(TAX191v : Understanding the GST treatment for Recovery of Expenses (Synchronous e-learning))
Not Available

SkillsFuture Credit, UTAP Funding

TAX191v : Understanding the GST treatment for Recovery of Expenses (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 workshop aims to provide participants with a better understanding on the following:-
a.Understanding the differences between reimbursement and disbursement for GST purposes
b.GST rules for recovery of expenses (i.e. recharge or rebilling of expenses)

Programme Outline

  • Difference between reimbursement and disbursement
  • Are you acting as a principal or an agent ?
  • Indicators for determining the principal or agent relationship
  • Recovery of expenses which is ancillary to a primary supply
  • Recovery of expenses which is separate and not ancillary to any primary supply
  • Recovery of expenses at costs or with a mark-up – is there a difference?


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 Case Studies and Examples.


Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Intermediate to Advanced course for : Accounting and Tax Professionals, Finance Managers, Finance Directors, Financial Controllers.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees
Date & Time

14 Jun 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 318.28
For Non-Members: $ 382.59

Programme Facilitator(s)

Catherine Chiang

Venue

Online Classroom in or outside of
Singapore
Date & Time

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

Fee (inclusive of GST)

For Members: $ 281.66
For Non-Members: $ 338.34

Programme Facilitator(s)

Catherine Chiang

Venue

Online Classroom in or outside of
Singapore

Testimonial


Trainer was very experienced and helped us understand how to treat GST in various scenarios

Past Participant


The contents of these courses are very practical and useful for the person in charge who is preparing and submitting GST for the organizations they work for.

Past Participant


The course helps me a lot with understanding the concepts that can be confusing and elaborate. Recommended to attend.

Past Participant


This programme has given us a better understanding of the GST treatment on recovery of
expenses(reimbursement/disbursement) based on illustrations and examples given during the webinar. This helps us to have a clear view of the concept for ease of understanding.

Past Participant

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 31 Dec 2024
Course Reference Number: TGS-2020502859

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)


Catherine Chiang
 ATA (GST), BAcc (Hons)
 
 Catherine has more than 20 years of experience in GST consultancy, with more than 10 years of training experience. She has previously spent 6 years in IRAS, handling GST and Income Tax audit and almost 10 years with 2 of the Big Four international accounting firms, specializing in GST compliance and advisory work. During this period, she has accumulated extensive experience in performing GST prudential reviews, GST consultancy, GST compliance and GST training for clients.

Catherine has a Bachelor of Accountancy (Honours) degree from the National University of Singapore. She is an Accredited Tax Advisor (GST) registered with the Singapore Chartered Tax Professionals and an Advanced Certificate in Training and Assessment (ACTA) certified Trainer.

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 workshop aims to provide participants with a better understanding on the following:-
a.Understanding the differences between reimbursement and disbursement for GST purposes
b.GST rules for recovery of expenses (i.e. recharge or rebilling of expenses)

Programme Outline

  • Difference between reimbursement and disbursement
  • Are you acting as a principal or an agent ?
  • Indicators for determining the principal or agent relationship
  • Recovery of expenses which is ancillary to a primary supply
  • Recovery of expenses which is separate and not ancillary to any primary supply
  • Recovery of expenses at costs or with a mark-up – is there a difference?


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 Case Studies and Examples.


Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Intermediate to Advanced course for : Accounting and Tax Professionals, Finance Managers, Finance Directors, Financial Controllers.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Catherine Chiang
 ATA (GST), BAcc (Hons)
 
 Catherine has more than 20 years of experience in GST consultancy, with more than 10 years of training experience. She has previously spent 6 years in IRAS, handling GST and Income Tax audit and almost 10 years with 2 of the Big Four international accounting firms, specializing in GST compliance and advisory work. During this period, she has accumulated extensive experience in performing GST prudential reviews, GST consultancy, GST compliance and GST training for clients.

Catherine has a Bachelor of Accountancy (Honours) degree from the National University of Singapore. She is an Accredited Tax Advisor (GST) registered with the Singapore Chartered Tax Professionals and an Advanced Certificate in Training and Assessment (ACTA) certified Trainer.

Upcoming Schedule

Date & Time

14 Jun 2024 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)

For Members: $ 318.28
For Non-Members: $ 382.59

Programme Facilitator(s)

Catherine Chiang

Venue

Online Classroom in or outside of
Singapore


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