Course Detail(TAX310 : Navigating the Amendments to the Singapore’s GST Law for the Public Sector)
Not Available

UTAP Funding

TAX310 : Navigating the Amendments to the Singapore’s GST Law for the Public Sector NEW

7.00 CPE Hours (Others)
Classroom

This course aims to provide guiding principles and applications in establishing the right stream of receipts that are subject to GST and their respective implications on input tax in light of the amendments to Singapore’s GST Law.

Programme Outline

 
  • The Government’s Policy Intent for GST
  • Application of Business Activities in the Context of Public Sector
  • Classification of Receipts
    • Regulatory fees
    • Grants
    • Service fees
    • Donations and sponsorship
    • Incentives
    • Receipts from employees
  • Impact to Input Tax
  • Application of Reverse Charge
  • List of Non-Taxable Regulatory Fees
  • Discussion of Recent Case Studies

On the completion of this course, you will be able to:
  • Distinguish between taxable and non-taxable supplies; 
  • Differentiate between taxable and non-taxable receipts;
  • Apply the simplified approach to claim input tax; 
  • Understand how to comply with the GST sectoral-specific rules; and
  • Review GST accounting to ensure compliance

Training Methodology

In-person training style, with relevant case studies.

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

Intended For

CFO, Directors, and senior accounting and tax professionals in the Government agencies, statutory boards and their related organisations. Participants should possess basic GST knowledge.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees
Date & Time

25 Nov 2024 (9:00 AM - 5:00 PM)

Registration is closed

Fee (inclusive of GST)

For Members: $ 473.06
For Non-Members: $ 564.62

Programme Facilitator(s)

Eng Li Ming

Venue

60 Cecil Street
ISCA House
Singapore 049709

Testimonial

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 11 May 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)


Mrs Eng Li Ming
Accredited Tax Advisor (GST) of The Singapore Chartered Tax Professionals (SCTP)
 

Ms. Tan Li Ming (Mrs. Eng) is an Accredited Tax Advisor (GST) of The Singapore Chartered Tax Professionals (SCTP). She has extensive taxation experience in Singapore and foreign tax authorities, particularly in the Goods & Services Tax (GST, also known as VAT in some countries). She was in the pioneer team, which in 1994 implemented the new tax regime, the Goods & Services Tax, for Singapore. After the smooth implementation of GST, Li Ming oversaw the various GST administrations, such as initiating and implementing GST policy changes and resolving complex technical issues in the Inland Revenue Authority of Singapore (IRAS). These are reflected in resolving technical issues, dealing with GST rulings, initiating, and implementing GST policy changes for the various sectors, including the public sector, manufacturing, real estate, telecommunications, logistics, and the financial industries. She spearheaded and implemented two key compliance programmes, to promote voluntary GST compliance - Assisted Self-help Kit (ASK) and Assisted Compliance Assurance Programme (ACAP). 

Li Ming now provides GST advisory and consultancy services to foreign tax administrations in their tax reforms, to implement a VAT or develop an IT system to re-engineer their business processes (not limited to VAT/GST).  Past clients include Local Tax Offices in China; Ministry of Finance, Brunei; Maldives Inland Revenue Authority (MIRA), Maldives; Royal Malaysian Customs Department, Malaysia; Ministry of Finance, Seychelles; the Oman Customs, Oman; Ministry of Economy, Finance and Planning, Equatorial Guinea; the state government of Karnataka, India; some African countries and Saudi Arabia. She also conducts lectures and customized GST workshops, providing GST Advisory Services and GST Compliance Assurance Reviews for GST-registered businesses. Currently, she is the writer of the Singapore Chapter of “VAT Worldwide,” published by the International Bureau of Fiscal Documentation (IBFD) and member of the Curriculum and Examination Development Committee of Tax Academy, Singapore.

 

This course aims to provide guiding principles and applications in establishing the right stream of receipts that are subject to GST and their respective implications on input tax in light of the amendments to Singapore’s GST Law.

Programme Outline

 
  • The Government’s Policy Intent for GST
  • Application of Business Activities in the Context of Public Sector
  • Classification of Receipts
    • Regulatory fees
    • Grants
    • Service fees
    • Donations and sponsorship
    • Incentives
    • Receipts from employees
  • Impact to Input Tax
  • Application of Reverse Charge
  • List of Non-Taxable Regulatory Fees
  • Discussion of Recent Case Studies

On the completion of this course, you will be able to:
  • Distinguish between taxable and non-taxable supplies; 
  • Differentiate between taxable and non-taxable receipts;
  • Apply the simplified approach to claim input tax; 
  • Understand how to comply with the GST sectoral-specific rules; and
  • Review GST accounting to ensure compliance

Training Methodology

In-person training style, with relevant case studies.

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

Intended For

CFO, Directors, and senior accounting and tax professionals in the Government agencies, statutory boards and their related organisations. Participants should possess basic GST knowledge.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Mrs Eng Li Ming
Accredited Tax Advisor (GST) of The Singapore Chartered Tax Professionals (SCTP)
 

Ms. Tan Li Ming (Mrs. Eng) is an Accredited Tax Advisor (GST) of The Singapore Chartered Tax Professionals (SCTP). She has extensive taxation experience in Singapore and foreign tax authorities, particularly in the Goods & Services Tax (GST, also known as VAT in some countries). She was in the pioneer team, which in 1994 implemented the new tax regime, the Goods & Services Tax, for Singapore. After the smooth implementation of GST, Li Ming oversaw the various GST administrations, such as initiating and implementing GST policy changes and resolving complex technical issues in the Inland Revenue Authority of Singapore (IRAS). These are reflected in resolving technical issues, dealing with GST rulings, initiating, and implementing GST policy changes for the various sectors, including the public sector, manufacturing, real estate, telecommunications, logistics, and the financial industries. She spearheaded and implemented two key compliance programmes, to promote voluntary GST compliance - Assisted Self-help Kit (ASK) and Assisted Compliance Assurance Programme (ACAP). 

Li Ming now provides GST advisory and consultancy services to foreign tax administrations in their tax reforms, to implement a VAT or develop an IT system to re-engineer their business processes (not limited to VAT/GST).  Past clients include Local Tax Offices in China; Ministry of Finance, Brunei; Maldives Inland Revenue Authority (MIRA), Maldives; Royal Malaysian Customs Department, Malaysia; Ministry of Finance, Seychelles; the Oman Customs, Oman; Ministry of Economy, Finance and Planning, Equatorial Guinea; the state government of Karnataka, India; some African countries and Saudi Arabia. She also conducts lectures and customized GST workshops, providing GST Advisory Services and GST Compliance Assurance Reviews for GST-registered businesses. Currently, she is the writer of the Singapore Chapter of “VAT Worldwide,” published by the International Bureau of Fiscal Documentation (IBFD) and member of the Curriculum and Examination Development Committee of Tax Academy, Singapore.

 

Upcoming Schedule

Registration is closed

Date & Time

25 Nov 2024 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)


SGD pricing -

For Members: $ 473.06
For Non-Members: $ 564.62


Programme Facilitator(s)

Eng Li Ming

Venue

60 Cecil Street
ISCA House
Singapore 049709


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