Course Detail(TAX214v : Non-business Activities – The GST treatment on non-business receipts and its input tax recovery (Live Webinar))

UTAP Funding, CCF Funding

TAX214v : Non-business Activities – The GST treatment on non-business receipts and its input tax recovery (Live Webinar)

7.00 CPE Hours (Others)
Live Webinar

The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Objective
 
 
Some organisations may receive grants, sponsorships or donations to cover the expenses for the free or subsidised activities carried on by them. These organisations may not be able to claim all the input tax incurred.
 
This workshop aims to provide participants with a better understanding of the GST treatment on non-business receipts and input tax apportionment methodology

 

Programme Outline

 

  • Business or non-business receipts ?
    • Business test
  • Non-business receipts or Taxable supplies ?
    • Grants
    • Donations
    • Sponsorships
  • Input tax recovery rules
  • Deemed supplies
Training Methodology
 
Lecture style, with Case Studies and Examples
 
Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Accounting and Tax Professionals, Finance Managers

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

06 Dec 2022 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2022

Programme Facilitator(s)

Catherine Chiang

Venue

Online Classroom in or outside of
Singapore

Testimonial

Funding

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

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 2022. *This excludes miscellaneous fees such as GST and registration fee etc.
 
To find out more on the UTAP support validity period please click here.

 
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.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

 

2] CCF Training Grant

Charities Capability Fund (CCF) Training Grant provides co-funding for local training courses to help charities comply with regulatory requirements and build good governance standards.

Period of CCF pre-approval: 01 July 2022  to 11 July 2023

CCF Preapproved Course Ref No.: PAS00002902


Eligibility Criteria

CCF funding is for eligible Board members and staff (who have served in the Charities for at least 6 months with an official designation) in key governance and management areas.

CCF Grants Coverage & Quantum

 

Funding Quantum

Nett Course Fees Payable (incl. GST)

Singaporeans/ PRs

 

Member: $221.19

Non-Member: $265.70                        

(80% of course fee)

Member: $55.30

Non-Member: $66.43

Employment Pass/ Work

Permit Holders / S Pass Holders     

Member: $165.89

Non-Member: $199.28     

(60% of course fee)

Member: $110.60

Non-Member: $132.85

For Pre-approved Courses: Participants will pay the training provider the net course fees (after CCF funding). The training provider will claim the CCF approved funding directly from the CCF Secretariat.

CCF Application Procedures

Course Registration:

  • Board members/ staff in key governance and management areas applicant indicates interest to register for the course with CCF funding by writing to cpe@isca.org.sg . Please state the Course Title, Course Date, Name and Number of participants.
  • Upon receiving confirmation from ISCA on seat availability, please send us these documents:
    1. Completed Registration Form (Please click HERE to download)
    2. CCF approval email

Note:

  • The Applicant submits a CCF Local Training Grant application online via the NCSS e-Services at least one month beforethe course(s) commence(s). CCF applications are subject to CCF approval and only Board members/ staff in key governance and management areas with approved CCF applications are eligible for CCF funding.
  • The Applicant must send the approval email to ISCA as proof of eligibility for CCF funding.
  • The Applicant with approved CCF application (or “CCF-eligible participant”) pays the amount of course fees less CCF funding to ISCA.Payment can be made by corporate/individual means.
  • The Applicant has to create an ISCA Corporate Account here if they do not have an existing corporate account.

During the Course:

  • CCF-eligible participant to achieve minimum 75% attendance, and pass all assessments, if any.
  • All CCF-eligible participants are to complete a CCF Training Evaluation Form at the end of the course.
  • For course conducted online, CCF-eligible participants are to switch on their video function and display their full name.

Programme Facilitator(s)


Catherine Chiang
CA (Singapore), ATA (GST), BAcc (Hons)
 

 Catherine has more than 20 years of experience in GST consultancy, with 10 years of training experience. She has previously spent 6 years in IRAS, handling GST and Income Tax audit and almost 10 years with 2 of the Big Four international accounting firms, specializing in GST compliance and advisory work. During this period, she has accumulated extensive experience in performing GST prudential reviews, GST consultancy, GST compliance and GST training for clients.

Catherine has a Bachelor of Accountancy (Honours) degree from the National University of Singapore. She is an Accredited Tax Advisor (GST) registered with the Singapore Institute of Accredited Tax Professionals and a member of the Institute of Singapore Chartered Accountants. Catherine is also an Advanced Certificate in Training and Assessment (ACTA) certified Trainer.

The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Objective
 
 
Some organisations may receive grants, sponsorships or donations to cover the expenses for the free or subsidised activities carried on by them. These organisations may not be able to claim all the input tax incurred.
 
This workshop aims to provide participants with a better understanding of the GST treatment on non-business receipts and input tax apportionment methodology

 

Programme Outline

 

  • Business or non-business receipts ?
    • Business test
  • Non-business receipts or Taxable supplies ?
    • Grants
    • Donations
    • Sponsorships
  • Input tax recovery rules
  • Deemed supplies
Training Methodology
 
Lecture style, with Case Studies and Examples
 
Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Accounting and Tax Professionals, Finance Managers

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Catherine Chiang
CA (Singapore), ATA (GST), BAcc (Hons)
 

 Catherine has more than 20 years of experience in GST consultancy, with 10 years of training experience. She has previously spent 6 years in IRAS, handling GST and Income Tax audit and almost 10 years with 2 of the Big Four international accounting firms, specializing in GST compliance and advisory work. During this period, she has accumulated extensive experience in performing GST prudential reviews, GST consultancy, GST compliance and GST training for clients.

Catherine has a Bachelor of Accountancy (Honours) degree from the National University of Singapore. She is an Accredited Tax Advisor (GST) registered with the Singapore Institute of Accredited Tax Professionals and a member of the Institute of Singapore Chartered Accountants. Catherine is also an Advanced Certificate in Training and Assessment (ACTA) certified Trainer.

Upcoming Schedule

Date & Time

06 Dec 2022 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2022

Programme Facilitator(s)

Catherine Chiang

Venue

Online Classroom in or outside of
Singapore