Course Detail(2023MC2 : Singapore Budget and Tax Update 2023)

UTAP Funding

2023MC2 : Singapore Budget and Tax Update 2023 NEW

2.50 CPE Hours (Others)
Live Webinar

This is a recorded live webinar of the Singapore Budget and Tax Update 2023 under the Mini-Conference Series 2023  on 8 March 2023.

 

Championed by various ISCA Committees, the ISCA Mini Conferences promises 2 to 2.5 hours of content centred around business issues, solutions, and megatrends shaping the global market and ecosystem today. Through these interactive live sessions, thought leaders and industry experts will provide their unique perspectives on in trend topics. 

Find out more about the ISCA Mini Conferences! Package available here.

-----------------------------------------------------------------------------------------------------------------------------

Programme Objective

Singapore FY2023 Budget Statement has been delivered by Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong in Parliament on February 14, 2023. The budget update aims to discuss the impact of tax changes in Budget 2023 on Companies and Individuals. Join us at this conference to get the latest budget updates and its tax implications and hear our industry experts' exciting exchanges on Budget 2023.

    Programme Outline

    Key highlights include:

    • Tax implications arising from the 2023 Budget proposals
    • Update of recent corporate and individual tax developments
    • Clarification of Budget proposals during the interactive Q&A session

    2.00pm

    Welcome by ISCA

    2.10pm

    2023 Budget Update and its Tax Implications

    Grasp the key highlights of the Budget 2023 and its impact on companies and individuals.

    Speaker: Prof Sum Yee Loong, Professor of Accounting (Practice), Singapore Management University (SMU)

    3.00pm

    Break

    3.15pm 

    Panel Discussion: Budget 2023 on the Red Dot

    How will the Budget help you and your businesses manage the near-term challenges and long-term needs? Hear views and obtain clarification on the Budget 2023 in the panel discussion.

    Moderator:

    • Mr Lennon Lee, Representative for Singapore Chartered Tax Professionals, Accredited Tax Advisor (Income Tax)

    Panelists:

    • Prof Sum Yee Loong, Professor of Accounting (Practice), Singapore Management University (SMU)
    • Mr Chew Sutat, Pro-tem Chairman, SGListCos
    • Mr Lee Pak Sing, Assistant Chief Executive Officer, Enterprise Singapore
    • Ms Selena Ling, Chief Economist & Head of Treasury Research & Strategy, Global Treasury Division, OCBC Bank

    4.30pm

    End of Conference

     
     

    Knowledge Partner                               Strategic Partner             

                     

    Highlights of Budget Conference 2022
     
     
    Training Methodology

    Interactive facilitated presentation and panel discussion
     

    Intended For

    Tax professionals, Finance and Accounting professionals handling company tax matters, Auditors, and Individuals who would like to be updated with the latest Budget 2023.

    Competency Mapping

    Others = 2.50 Hours

    Schedule & Fees

    Registration is closed

    Fee (inclusive of GST)

    For Members: $ 98.10
    For Non-Members: $ 119.90

    Programme Facilitator(s)

    Team of Professionals (2023MC2)

    Testimonial

    Funding

    1] NTUC Union Training Assistance Programme (UTAP)
    UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

    To find out more on the UTAP funding and support validity period please click here.

    Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

    Programme Facilitator(s)


    Prof Sum Yee Loong
    Professor of Accounting (Practice)
    Singapore Management University (SMU)

    Yee Loong is currently Professor of Accounting (Practice) at the Singapore Management University. He was formerly Tax Partner in Deloitte & Touche Singapore (1987- 2011). Yee Loong has specialised in taxation since qualifying as an accountant in the UK and has over 30 years of experience in Singapore Taxation and International Tax Planning.

    Yee Loong had been nominated on several occasions as one of the top 10 leading Tax Advisers in Singapore by International Tax Review. He was also featured as one of the World’s Leading Tax Advisers in the Legal Media Group 2011 Guide to the World’s Leading Tax Advisers.

    He holds a Master degree in Taxation and Public Finance, and is a Fellow of the Association of Chartered Certified Accountants of the UK, a Chartered Tax Advisor of the Chartered Institute of Taxation in the UK, a Chartered Accountant of Singapore and an Accredited Tax Advisor.

    Yee Loong is the Honorary Technical Advisor (Tax) to the Institute of Singapore Chartered Accountants, Board Member of Tax Academy of Singapore, Council Member of the Professional Education Council of Singapore Accountancy Commission, Board Member of SCTP, formerly Board Member of the IRAS.

     

     Mr Lennon Lee
    Representative
    Singapore Chartered Tax Professionals
    Accredited Tax Advisor (Income Tax)


    An accredited tax advisor, Lennon is a tax partner at PricewaterhouseCoopers Singapore Pte. Ltd (PwC). He is the Financial Services Tax Leader leading the financial services tax practice in PwC. He specialises in banking and capital markets, treasury management and real estate and hospitality.

    With over 25 years of experience in practising tax, Lennon has advised on cross-border tax and regulatory implications arising on mergers and acquisitions, corporate restructuring, asset securitisation, pre and post IPO and other capital market offerings, leasing arrangement, treasury products and operations, real estate financing and investments, family wealth planning and fund structuring.

    He is also a partner supporting the Entrepreneurial and Private Business Group in PwC and personally service a number of Singapore entrepreneurs and business owners (and their next generations). He has been working closely with Singapore Government agencies such as EDB and Enterprise Singapore to support the growth and expansion plans of local enterprises and companies in Singapore.

    Since 2008, he manages the China tax practice in PwC. He has advised many inbound and outbound investments involving China.

    With his diverse experience across various industries assisting corporations in a wide range of tax matters, Lennon is a sought-after speaker in various industry conferences and seminars organised by financial institutions, business organisations and government agencies. He has also contributed articles and commentaries to various leading publications.

    He is currently a director on the board of directors of Tax Academy of Singapore.

     

    Mr Chew Sutat
    Pro-tem Chairman
    SGListCos

    Mr. Chew retired from Singapore Exchange (SGX) in July 2022. He was senior managing director and a member of SGX’s executive management team for 14 years. As Head of Global Sales and Origination, he managed SGX’s equity and debt capital market teams in developing private-to-public capital raising solutions for companies. He was also responsible for SGX’s international offices and oversaw specialist sales teams in 10 cities. In addition, he chaired SGX’s Bull Charge CSR initiatives for the last decade. Prior to SGX, Mr. Chew held senior roles at Standard Chartered Bank, OCBC Securities and DBS Bank.

    Mr Chew founded Shan De Advisors in September 2021. He is Chairman for the Community Chest and a board member of the National Council of Social Service (NCSS).

    Mr. Chew graduated with a Bachelor of Arts (First Class Honours) degree in Philosophy, Politics & Economics (PPE) from Oxford University and holds a Master of Arts degree from Oxford.

     

    Mr Lee Pak Sing
    Assistant Chief Executive Officer
    Enterprise Singapore
     

    Pak Sing is Assistant Chief Executive Officer of Enterprise Singapore, overseeing Trade, Connectivity and Business Services.

    Enterprise Singapore is the government agency championing enterprise development. The agency works with committed companies to build capabilities, innovate and internationalise. It also supports the growth of Singapore as a hub for global trading and startups, and builds trust in Singapore’s products and services through quality and standards.

    The Trade team fosters the growth of Singapore’s trade and strengthens the competitiveness of Singapore’s trade ecosystem. The Connectivity team drives the growth and capability of Singapore’s transport & logistics companies; partnering them in their business transformation, capabilities building and international growth. The Business Services team oversees the growth and capabilities building of Singapore companies in professional services.

    Prior to Enterprise Singapore, Pak Sing has served in various other government agencies in his public sector career, including the Economic Development Board, Ministry of Trade and Industry, Ministry of Manpower and Ministry of Finance. He was also involved in organising the world’s first Youth Olympic Games in Singapore.

    Pak Sing obtained a Bachelor in Economics at Stanford University, Masters in Economics at Cambridge University and Masters in Public Administration at the Harvard Kennedy School.

     

    Ms Selena Ling 
    Chief Economist, 
    Head of Treasury Research & Strategy, Global Treasury
    OCBC Bank 

    Selena is the Chief Economist for OCBC Bank. As Head of Treasury Research & Strategy, she leads a research team that is responsible for Treasury market research, forecasts and trading recommendations for the bank, covering fixed income, interest rates, corporate credit, foreign exchange and macroeconomic commentary. Under her leadership, OCBC’s research capabilities have been greatly valued by customers and highly ranked in surveys.

    She is a member of the OCBC Wealth Panel for Singapore and Malaysia, as well as a Vice President and council member for the Economic Society of Singapore. She also sits on the Institute of Valuers and Appraisers (IVAS), Singapore, which was set up by the Singapore Accountancy Commission. She was conferred the IBF Fellow Award in Financial Markets in 2017. Her research writings has been extensively quoted and published by prominent media across print, television and radio.

    Prior to joining OCBC in August 2000, Selena was with the Fiscal Policy Unit under the Ministry of Finance (MOF), and the Economics Department in the Ministry of Trade and Industry (MTI).

     

    This is a recorded live webinar of the Singapore Budget and Tax Update 2023 under the Mini-Conference Series 2023  on 8 March 2023.

     

    Championed by various ISCA Committees, the ISCA Mini Conferences promises 2 to 2.5 hours of content centred around business issues, solutions, and megatrends shaping the global market and ecosystem today. Through these interactive live sessions, thought leaders and industry experts will provide their unique perspectives on in trend topics. 

    Find out more about the ISCA Mini Conferences! Package available here.

    -----------------------------------------------------------------------------------------------------------------------------

    Programme Objective

    Singapore FY2023 Budget Statement has been delivered by Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong in Parliament on February 14, 2023. The budget update aims to discuss the impact of tax changes in Budget 2023 on Companies and Individuals. Join us at this conference to get the latest budget updates and its tax implications and hear our industry experts' exciting exchanges on Budget 2023.

      Programme Outline

      Key highlights include:

      • Tax implications arising from the 2023 Budget proposals
      • Update of recent corporate and individual tax developments
      • Clarification of Budget proposals during the interactive Q&A session

      2.00pm

      Welcome by ISCA

      2.10pm

      2023 Budget Update and its Tax Implications

      Grasp the key highlights of the Budget 2023 and its impact on companies and individuals.

      Speaker: Prof Sum Yee Loong, Professor of Accounting (Practice), Singapore Management University (SMU)

      3.00pm

      Break

      3.15pm 

      Panel Discussion: Budget 2023 on the Red Dot

      How will the Budget help you and your businesses manage the near-term challenges and long-term needs? Hear views and obtain clarification on the Budget 2023 in the panel discussion.

      Moderator:

      • Mr Lennon Lee, Representative for Singapore Chartered Tax Professionals, Accredited Tax Advisor (Income Tax)

      Panelists:

      • Prof Sum Yee Loong, Professor of Accounting (Practice), Singapore Management University (SMU)
      • Mr Chew Sutat, Pro-tem Chairman, SGListCos
      • Mr Lee Pak Sing, Assistant Chief Executive Officer, Enterprise Singapore
      • Ms Selena Ling, Chief Economist & Head of Treasury Research & Strategy, Global Treasury Division, OCBC Bank

      4.30pm

      End of Conference

       
       

      Knowledge Partner                               Strategic Partner             

                       

      Highlights of Budget Conference 2022
       
       
      Training Methodology

      Interactive facilitated presentation and panel discussion
       

      Intended For

      Tax professionals, Finance and Accounting professionals handling company tax matters, Auditors, and Individuals who would like to be updated with the latest Budget 2023.

      Competency Mapping

      Others = 2.50 Hours

      Programme Facilitator(s)

      Prof Sum Yee Loong
      Professor of Accounting (Practice)
      Singapore Management University (SMU)

      Yee Loong is currently Professor of Accounting (Practice) at the Singapore Management University. He was formerly Tax Partner in Deloitte & Touche Singapore (1987- 2011). Yee Loong has specialised in taxation since qualifying as an accountant in the UK and has over 30 years of experience in Singapore Taxation and International Tax Planning.

      Yee Loong had been nominated on several occasions as one of the top 10 leading Tax Advisers in Singapore by International Tax Review. He was also featured as one of the World’s Leading Tax Advisers in the Legal Media Group 2011 Guide to the World’s Leading Tax Advisers.

      He holds a Master degree in Taxation and Public Finance, and is a Fellow of the Association of Chartered Certified Accountants of the UK, a Chartered Tax Advisor of the Chartered Institute of Taxation in the UK, a Chartered Accountant of Singapore and an Accredited Tax Advisor.

      Yee Loong is the Honorary Technical Advisor (Tax) to the Institute of Singapore Chartered Accountants, Board Member of Tax Academy of Singapore, Council Member of the Professional Education Council of Singapore Accountancy Commission, Board Member of SCTP, formerly Board Member of the IRAS.

       

       Mr Lennon Lee
      Representative
      Singapore Chartered Tax Professionals
      Accredited Tax Advisor (Income Tax)


      An accredited tax advisor, Lennon is a tax partner at PricewaterhouseCoopers Singapore Pte. Ltd (PwC). He is the Financial Services Tax Leader leading the financial services tax practice in PwC. He specialises in banking and capital markets, treasury management and real estate and hospitality.

      With over 25 years of experience in practising tax, Lennon has advised on cross-border tax and regulatory implications arising on mergers and acquisitions, corporate restructuring, asset securitisation, pre and post IPO and other capital market offerings, leasing arrangement, treasury products and operations, real estate financing and investments, family wealth planning and fund structuring.

      He is also a partner supporting the Entrepreneurial and Private Business Group in PwC and personally service a number of Singapore entrepreneurs and business owners (and their next generations). He has been working closely with Singapore Government agencies such as EDB and Enterprise Singapore to support the growth and expansion plans of local enterprises and companies in Singapore.

      Since 2008, he manages the China tax practice in PwC. He has advised many inbound and outbound investments involving China.

      With his diverse experience across various industries assisting corporations in a wide range of tax matters, Lennon is a sought-after speaker in various industry conferences and seminars organised by financial institutions, business organisations and government agencies. He has also contributed articles and commentaries to various leading publications.

      He is currently a director on the board of directors of Tax Academy of Singapore.

       

      Mr Chew Sutat
      Pro-tem Chairman
      SGListCos

      Mr. Chew retired from Singapore Exchange (SGX) in July 2022. He was senior managing director and a member of SGX’s executive management team for 14 years. As Head of Global Sales and Origination, he managed SGX’s equity and debt capital market teams in developing private-to-public capital raising solutions for companies. He was also responsible for SGX’s international offices and oversaw specialist sales teams in 10 cities. In addition, he chaired SGX’s Bull Charge CSR initiatives for the last decade. Prior to SGX, Mr. Chew held senior roles at Standard Chartered Bank, OCBC Securities and DBS Bank.

      Mr Chew founded Shan De Advisors in September 2021. He is Chairman for the Community Chest and a board member of the National Council of Social Service (NCSS).

      Mr. Chew graduated with a Bachelor of Arts (First Class Honours) degree in Philosophy, Politics & Economics (PPE) from Oxford University and holds a Master of Arts degree from Oxford.

       

      Mr Lee Pak Sing
      Assistant Chief Executive Officer
      Enterprise Singapore
       

      Pak Sing is Assistant Chief Executive Officer of Enterprise Singapore, overseeing Trade, Connectivity and Business Services.

      Enterprise Singapore is the government agency championing enterprise development. The agency works with committed companies to build capabilities, innovate and internationalise. It also supports the growth of Singapore as a hub for global trading and startups, and builds trust in Singapore’s products and services through quality and standards.

      The Trade team fosters the growth of Singapore’s trade and strengthens the competitiveness of Singapore’s trade ecosystem. The Connectivity team drives the growth and capability of Singapore’s transport & logistics companies; partnering them in their business transformation, capabilities building and international growth. The Business Services team oversees the growth and capabilities building of Singapore companies in professional services.

      Prior to Enterprise Singapore, Pak Sing has served in various other government agencies in his public sector career, including the Economic Development Board, Ministry of Trade and Industry, Ministry of Manpower and Ministry of Finance. He was also involved in organising the world’s first Youth Olympic Games in Singapore.

      Pak Sing obtained a Bachelor in Economics at Stanford University, Masters in Economics at Cambridge University and Masters in Public Administration at the Harvard Kennedy School.

       

      Ms Selena Ling 
      Chief Economist, 
      Head of Treasury Research & Strategy, Global Treasury
      OCBC Bank 

      Selena is the Chief Economist for OCBC Bank. As Head of Treasury Research & Strategy, she leads a research team that is responsible for Treasury market research, forecasts and trading recommendations for the bank, covering fixed income, interest rates, corporate credit, foreign exchange and macroeconomic commentary. Under her leadership, OCBC’s research capabilities have been greatly valued by customers and highly ranked in surveys.

      She is a member of the OCBC Wealth Panel for Singapore and Malaysia, as well as a Vice President and council member for the Economic Society of Singapore. She also sits on the Institute of Valuers and Appraisers (IVAS), Singapore, which was set up by the Singapore Accountancy Commission. She was conferred the IBF Fellow Award in Financial Markets in 2017. Her research writings has been extensively quoted and published by prominent media across print, television and radio.

      Prior to joining OCBC in August 2000, Selena was with the Fiscal Policy Unit under the Ministry of Finance (MOF), and the Economics Department in the Ministry of Trade and Industry (MTI).

       


      Upcoming Schedule

      Registration is closed

      Fee (inclusive of GST)


      SGD pricing -

      For Members: $ 98.10
      For Non-Members: $ 119.90


      Programme Facilitator(s)

      Team of Professionals (2023MC2)