The Science of Compliance

A practical workshop on Employee Remuneration Reporting (Forms 8E and IR21)

The importance of accurate and timely employee compensation reporting is becoming increasingly critical for employers in light of the IRAS’ continued focus on full compliance.

A number of important updates have occurred since last year which you may need to be aware of, to ensure your income collation and reporting processes are still up to date.

The aim of the workshop is to explain the employer reporting requirements in respect of employee remuneration through a series of hands-on practical exercises and case studies. This event is timed to enable you to take the full benefit of all updates during 2012, which should add most value to payroll professionals.

 

What will be covered:

  • A presentation on recent tax updates and clarifications which will affect reporting requirements (such as the new rules regarding life insurance policies and medical benefits), as well as a broad overview of some of the more complex forms of compensation reporting (e.g. share-based remuneration).
  • What to do if you discover errors or omissions in previous reporting. This will include discussion on the enhancements to the IRAS Voluntary Disclosure Programme which is due to be announced shortly.
  • A series of case studies to explore the employer reporting requirements in various scenarios.


Workshop agenda:

Schedule Programme
8.30am Registration
9.00am

Opening address 

Speaker - James Clemence, Partner
                  PwC International Assignment Services (Singapore) Pte Ltd
9.10am

Overview of key developments during 2012 

Speaker - Mark Amatya, Senior Manager
                  PwC International Assignment Services (Singapore) Pte Ltd
9.45am Tea break
10.00am Workshop 
Case studies 1 & 2
11.20am Tea break
11.30am Workshop
Case study 3
12.45pm End of session
1.00pm Lunch


Who should attend?

Payroll, HR, Finance or any other compensation practitioners with responsibility or oversight of employee compensation reporting.

Event details

17 January 2013 | 9am to 1pm | Holiday Inn Singapore, Orchard City Centre

Fees
S$300 (PwC clients/alumni)
S$350 (Public)

More information about the seminar, including details on how to register, is available in the flyer >