UTAP Funding
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 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.
Basis of assessment and tax resident tests for individuals Types of income derived by individuals that are subject to tax or tax-exempted SingaporeTaxation of employment income and tax treatment of benefits-in-kindArea Representative, Dual Employment & Not Ordinarily Resident (NOR) schemesPersonal reliefs and rebatesCase studies on preparation of tax computations for individualsTax issues to consider when seconding staff to work overseasTax equalization and tax protection policiesRelevance of tax treatiesCommon 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-requisitesPlease take note of the following admission requirements:Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsoryMandatory for video camera to be turned on throughout the courseDisplay your official name (as per NRIC) in Zoom, to facilitate attendance taking Training MethodologyOnline lecture style with case studies and quiz/knowledge checkClosing Date for Registration1 week before programme or until full enrolment.
Pre-requisites
Please take note of the following admission requirements:
Training MethodologyOnline lecture style with case studies and quiz/knowledge checkClosing Date for Registration1 week before programme or until full enrolment.
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.
Others = 7.00 Hours
07 Oct 2024 (9:00 AM - 5:00 PM)
For Members: $ 381.50 For Non-Members: $ 458.89
Past Participant
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.
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.
Assoc Prof (Practice) Simon PohFCA (Singapore), ATA (Income Tax and GST), MSID, MBA
Simon Poh is currently Associate Professor (Practice) at the Accounting Department of the National University of Singapore (NUS) Business School where he teaches taxation and advanced taxation modules. This is a full-time employment from 1 Jul 2014. Previously, he was Associate Professor (Adjunct) from 1 January 2007 to 30 June 2014. He recently won the NUS Business School Teaching Excellence Awards for 2020 and 2021.
Outside the academia, Simon has been a distinguished tax professional both in Singapore and the region, with more than three decades of experience in tax compliance and tax advisory work in the areas of corporate tax, individual income tax and GST. This includes 9 years of experience with the Inland Revenue Authority of Singapore, 3 years with reputable regional multinational corporations and more than 16 years with top international accounting firms. His extensive experience includes GST tax advisory and risk management, international tax planning, transfer pricing, corporate restructuring, business acquisitions and mergers, tax due diligence reviews, expatriate tax planning, and advising clients on the tax implications of both inbound and outbound investments. Simon continues to be active in professional tax-related work outside his teaching responsibilities.
Simon graduated with a Bachelor of Accountancy Degree in 1985 followed by a Master of Business Administration (MBA) degree from NUS in 1993. He is a Fellow Chartered Accountant of the Institute of Singapore Chartered Accountants (ISCA) since 2004, an ASEAN CPA since 2017, a Full Member of the Singapore Institute of Directors since 2008, an Accredited Tax Advisor (Income Tax and GST) of the Singapore Institute of Accredited Tax Professionals (SIATP) since 2010 and an Honorary Member of the Financial Planning Association of Singapore since 2011. SIATP was renamed Singapore Chartered Tax Professionals Limited (SCTP) from April 2020. At SIATP/SCTP, he served as Chairman of the SME Tax Committee since 2012. Simon also served as a Board Member of SIATP from January 2013 to March 2020. In 2021, he was appointed as a Member of the Income Tax Board of Review, an administrative tribunal established for the purpose of hearing appeals against income tax assessments made by the Comptroller of Income Tax. Simon has been acting as Examiner for tax modules offered in professional accountancy examinations since 2006. He is the author of Taxation in Singapore which was first published in 2008. In August 2020, he published the latest electronic edition of this book.
Besides speaking at numerous external tax seminars and conducting regular tax workshops for professional bodies like ISCA and ACCA, Simon is a regular contributor to local and foreign media and professional journals on current taxation issues. In addition, he currently serves as an Independent Director and Chairman of the Audit Committee of a company listed on the Main Board of the Singapore Exchange (SGX).
Live Webinar in or outside ofSingapore
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10 May 2024 - 10 May 2024