| COURSE : CERTIFIED GOODS AND SERVICE TAX PROFESSIONAL | |
|---|---|
| Course Overview |
GST has already been implemented for more than 20 years now, and yet many GST traders are still making many mistakes. This workshop aims to provide participants with the basic knowledge on GST concepts as well as the rules and regulations in Singapore. It will also help them avoid potential pitfalls and appreciate the potential GST issues that will accompany almost every business transaction. The penalties for not getting GST right can be costly to businesses and hence should not be ignored. |
| Training Duration | Total Training Hours : 30 Hours Training Duration : 1 Week Total Training Days : 5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: |
1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) |
Junior tax professionals and accountants who are involved in GST compliance work; and Non-tax professionals who want to achieve a higher appreciation of corporate tax laws, regulations and practice. |
| Course Benefits |
Thorough knowledge and understanding of the following : Cash Accounting Scheme Discounted Sale Price Scheme Gross Margin Scheme Hand-Carried Exports Scheme Import GST Deferment Scheme Major Exporter Scheme Tourist Refund Scheme Zero GST Warehouse Scheme |
| Course Contents / Outline |
Overview of GST System and How It Works Key Concepts of GST including Types, Place, Time & Value of Supplies Transfer of Going Concern Claiming Input Tax Credits, including pre-registration input tax and bad debts relief Fringe Benefits Importation of Goods – Major Exporter Scheme and Import GST Deferment Scheme Exports and International Services Accounting for GST Interaction between income tax and GST Registration & Record Keeping Tax Receipts and Invoices Completing GST Forms and Returns Common GST errors made by business Advance Ruling System Offences and Penalties GST Assisted Self-Help Kit (ASK) GST Assisted Compliance Assurance Program (ACAP) Voluntary Disclosure Program (VDP) Recent GST Changes |