Essentials of Goods & Services Tax

Sep 29 2009

The Sheraton Towers Singapore

This seminar is scheduled to re-run on 18 Nov 2009.

GST - a simple tax? Probably not, if you consider that the IRAS collected $103 million in tax and penalties from GST audits for FY2007/08 +.

As the IRAS steps up their audit activities and the use of technology to help with audits, it is critical to ensure that the company understands and applies the correct GST rules to its transactions to mitigate the exposure to penalties. The IRAS has also indicated in its new Voluntary Disclosure Programme that penalties can only be reduced or waived for timely voluntary disclosure of errors.

To help you better understand and equip you with a working knowledge of GST, we present below our popular series of one-day seminar on GST.

+ Source: IRAS Annual Report 2008

Seminar on The Essentials of Goods & Services Tax (GST)
The seminar will focus on the practical application of the tax and the risk areas often reviewed by the IRAS. The seminar will provide an opportunity for the participants to discuss their practical situations and see how they can effectively manage GST.

Course Outline

  • The different types of supplies
  • Time, place and value of supply
  • Export of goods and international services
  • Input tax recovery rules
  • Fringe benefits
  • Reimbursements & disbursements
  • GST offences and penalties
  • Recent developments

Date
29 Sep / 18 Nov 2009

Fee*
S$360 - Clients/alumni of PricewaterhouseCoopers
S$400 - Public

* Fee includes 7% GST

More information about the seminar, including registration details, is available in the flyer > Download