Course Detail()

Programme Objective

This programme is designed to provide participants with knowledge in Singapore individual income tax laws, principles and practices so that they can perform simple tax planning. It will also cover the individual income tax issues for both inbound and outbound investments from the perspective of foreigners taking up employment in Singapore and Singapore citizens taking up overseas postings respectively

Where applicable, practical examples, illustrations and case studies (including recent court cases) will be used to enable participants to relate and apply to real life tax situations.

Programme Outline

Basis of assessment and tax resident tests for individuals
Types of income derived by individuals that are subject to tax or tax-exempted Singapore
Taxation of employment income and tax treatment of benefits-in-kind
Area Representative, Dual Employment & Not Ordinarily Resident (NOR) schemes
Personal reliefs and rebates
Case studies on preparation of tax computations for individuals
Tax issues to consider when seconding staff to work overseas
Tax equalization and tax protection policies
Relevance of tax treaties
Common tax planning techniques for individuals

On the completion of this course, you will:

Attain a practical understanding of the individual income tax system in Singapore;
Know how to prepare an individual income tax computation;
Be able to apply simple effective individual income tax planning techniques
Be able to appreciate the tax issues relevant to any company that is seconding staff overseas

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

Online lecture style with case studies and quiz/knowledge check

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

Intended For

A foundational to intermediate level programme for tax professionals, accountants as well as finance and human resource personnel who handle personal tax for clients, expatriate staff and local staff taking up overseas posting. It is also relevant to any individual who is interested in adopting effective tax planning techniques to maximize their disposable income.

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)