Course Detail()
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UTAP Funding

7.00 CPE Hours (Category 1, Category 2, Category 3, Category 4Category 5, 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.

Schedule & Fees

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)

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.

Programme Facilitator(s)


No course instances or course instance sessions available.