This is an e-learning programme.
 
Upon successful registration and payment, you will be notified via email within 10-15 mins on your enrolment confirmation with user instructions to access this programme.
 
Please complete all topics and sub-topics within the E-Learning courseware.
(The programme and assessment is valid for 6 months from the date of purchase)

Programme Objective

The aim of this module is to provide participants with an understanding of the principles of taxation and the overall tax system in Singapore. The module teaches participants basic concepts of direct and indirect taxes in the Singapore Tax System including fundamentals which would assist in the preparation and filing of tax returns.

Learning Outcome:

At the end of this module, you will be able to:

1. Understand the legislative framework of income taxation and Goods and Services Tax.
2. Learn the basic concepts such as “the preceding year basis”, “statutory income” and “tax residency”.
3. Identify taxable income and revenue expenses which qualify for deduction, capital expenses which qualify for capital allowances and impact of unutilised items.
4. Explain the basic principle of Goods and Services Tax (GST) and apply this principle for GST compliance.

Programme Outline

• Introduction to the Tax System in Singapore
  • Tax Administration
  • Basic Concepts
  • Tax Residence
  • Revenue versus Capital Receipts
• Taxation of Companies
  • Sources of Income subject to tax
  • Deductions
  • Capital Allowances
  • Corporate Income Tax
• Goods and Services Tax (GST)
  • Scope of GST
  • Computation of GST (Output Tax versus Input Tax)
  • GST on imported services

Training Methodology
 
E-Learning (24/7) with MCQ Assessment

No cancellation or change in programme enrolment once the enrolment is successful.

Click here for ISCA E-Learning User Guide.

Intended For

Finance professionals in the initial years of the accountancy and finance career and those who are interested to have an overview of the Singapore Tax System.