Programme Objective
In cultivating a tax culture with a high spirit of voluntary compliance, IRAS designs a self-help tool for the GST paying community to uncover past GST errors, Assisted Self-help Kit (ASK), Annual Review. To streamline the self-review process, IRAS has offered a set of administrative concessions to forgive several past GST errors by waiving the requirement of adjusting the past GST returns if the review adopts the ASK methodology.
This half-a-day session explains the ASK Annual Review processes and the commonly committed GST errors that could uncover through the review. By mapping the GST errors with the administrative concessions, the facilitator illustrates the dos and don'ts in leveraging such benefits.
Programme Outline
- What are the GST risks in each category of supplies and claims?
- How to uncover such GST risks?
- What are the administrative concessions offered under the ASK initiative?
- What are the dos and don'ts in applying the concessions?
On the completion of this course, you will: - Appreciate the processes and requirements of the ASK Annual Review
- Understand the impact of each GST risks
- Comprehend each of the administrative concessions
- Grasp the application of the administrative concessions
Training Methodology
Lecture style, with Case Studies and Examples
Closing Date for Registration
1 week before programme or until full enrolment.
Intended For
An Intermediate level programme. CFO, Directors, CEOs, Partners, Sole proprietors, and senior accounting and tax professionals of any organization have some basic knowledge about the ASK Programme and like to have some practical exposure to using ASK Annual Review as a tool to self-manage the GST risks.
Schedule & Fees
Testimonial
Funding
No funding Available!
Programme Facilitator(s)
Programme Objective
In cultivating a tax culture with a high spirit of voluntary compliance, IRAS designs a self-help tool for the GST paying community to uncover past GST errors, Assisted Self-help Kit (ASK), Annual Review. To streamline the self-review process, IRAS has offered a set of administrative concessions to forgive several past GST errors by waiving the requirement of adjusting the past GST returns if the review adopts the ASK methodology.
This half-a-day session explains the ASK Annual Review processes and the commonly committed GST errors that could uncover through the review. By mapping the GST errors with the administrative concessions, the facilitator illustrates the dos and don'ts in leveraging such benefits.
Programme Outline
- What are the GST risks in each category of supplies and claims?
- How to uncover such GST risks?
- What are the administrative concessions offered under the ASK initiative?
- What are the dos and don'ts in applying the concessions?
On the completion of this course, you will: - Appreciate the processes and requirements of the ASK Annual Review
- Understand the impact of each GST risks
- Comprehend each of the administrative concessions
- Grasp the application of the administrative concessions
Training Methodology
Lecture style, with Case Studies and Examples
Closing Date for Registration
1 week before programme or until full enrolment.
Intended For
An Intermediate level programme. CFO, Directors, CEOs, Partners, Sole proprietors, and senior accounting and tax professionals of any organization have some basic knowledge about the ASK Programme and like to have some practical exposure to using ASK Annual Review as a tool to self-manage the GST risks.
Programme Facilitator(s)
