Course Detail(TAX248 : Understanding the Capital Allowances Regime)

TAX248 : Understanding the Capital Allowances Regime NEW

3.50 CPE Hours (Others)
Classroom


Programme Objective
 
This half-day course aims to equip participants with:

  • the knowledge on various assets for which capital allowances can be claimed;
  • the mechanisms on computing the capital allowances; and 
  • the conditions to be fulfilled for claiming capital allowances. 

Programme Outline

 

  • What is Plant and Equipment?
  • Qualifying and Non-qualifying costs
  • S19 – Writing off assets over their prescribed useful life
  • S19A – Writing off over 1 year or three years
  • Writing off Low Value Assets
  • CA for assets on Hire Purchase
  • Sale or scrap of capital assets
  • S21 – Replacement of Fixed Assets
  • S24 – Sale of Plant and Machinery to related companies
  • Renovation and Refurbishment Costs (S14Q)
  • Deferring Capital Allowances
  • Various income treatment on unabsorbed Capital Allowances
  • Land Intensification Allowances (LIA)
  • Capital Allowances and Leases (Update on FRS 116)
  • Latest updates from IRAS

Training Methodology

Lecture style

Closing Date for Registration

1 week before programme or until full enrolment.
 

Intended For

A Foundation level programme suitable for Accounting, Finance and Tax professionals who wish to gain insights and understand the mechanism of capital allowance.

Competency Mapping

Others = 3.50 Hours

Schedule & Fees

Date & Time

14 Nov 2019 (2:00 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

A. Geetha

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


A. Geetha
CA (Singapore) with Certificate for Practice, MBA (Investment and Finance)


Geetha is the founder partner of a Certified Public Accounting Firm. She has more than 20 years of experience in handling Singapore Tax issues and cross border tax issues.

She regularly trains and updates practising and non-practising CAs and the general public in related field on Singapore Income Tax. She has also lectured on the Singapore Income Tax and Planning for ACCA students and students aspiring to be Chartered Financial Planners (CFP).

She has authored revision kits for tax students and also acted as an appointed examiner for an Advanced Tax Paper. 


Programme Objective
 
This half-day course aims to equip participants with:

  • the knowledge on various assets for which capital allowances can be claimed;
  • the mechanisms on computing the capital allowances; and 
  • the conditions to be fulfilled for claiming capital allowances. 

Programme Outline

 

  • What is Plant and Equipment?
  • Qualifying and Non-qualifying costs
  • S19 – Writing off assets over their prescribed useful life
  • S19A – Writing off over 1 year or three years
  • Writing off Low Value Assets
  • CA for assets on Hire Purchase
  • Sale or scrap of capital assets
  • S21 – Replacement of Fixed Assets
  • S24 – Sale of Plant and Machinery to related companies
  • Renovation and Refurbishment Costs (S14Q)
  • Deferring Capital Allowances
  • Various income treatment on unabsorbed Capital Allowances
  • Land Intensification Allowances (LIA)
  • Capital Allowances and Leases (Update on FRS 116)
  • Latest updates from IRAS

Training Methodology

Lecture style

Closing Date for Registration

1 week before programme or until full enrolment.
 

Intended For

A Foundation level programme suitable for Accounting, Finance and Tax professionals who wish to gain insights and understand the mechanism of capital allowance.

Competency Mapping

Others = 3.50 Hours

Programme Facilitator(s)

A. Geetha
CA (Singapore) with Certificate for Practice, MBA (Investment and Finance)


Geetha is the founder partner of a Certified Public Accounting Firm. She has more than 20 years of experience in handling Singapore Tax issues and cross border tax issues.

She regularly trains and updates practising and non-practising CAs and the general public in related field on Singapore Income Tax. She has also lectured on the Singapore Income Tax and Planning for ACCA students and students aspiring to be Chartered Financial Planners (CFP).

She has authored revision kits for tax students and also acted as an appointed examiner for an Advanced Tax Paper. 

Upcoming Schedule

Registration is closed

Date & Time

14 Nov 2019 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

A. Geetha

Venue

60 Cecil Street
ISCA House
Singapore 049709