Mastering the Basic & Intermediate Concepts of GST - 170th Run

21 February 2020, Friday

09.00AM - 05.00PM
Carlton Hotel Singapore
76 Bras Basah Road

Details/ Promotion:
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Accredited tax professionals enjoy subscribers' rate (i.e. 10% discount)!
Please refer to organiser’s webpage here.
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Programme Synopsis

TAKX Solutions's flagship Mastering the Basic & Intermediate Concepts of GST workshop is designed to equip participants with the knowledge and understanding to effectively apply the concepts of GST into their area of work - including GST treatment for international services, exports, disbursement vs reimbursment, gifts/benefits-in-kind for staff and business associates and more - that will enable you to complete the GST F5 return correctly and accurately, and avoid costly penalties. It is also ideal for current finance/accounting staff as a refresher and an ideal platform to clarify their doubts.

Programme Outline

Basic Concepts
  • Overview of GST
  • Types of Supply
  • Output Tax vs Input Tax
  • Tax Invoice, Simplified Tax Invoices & Receipts
  • Credit Notes & Debit Notes
  • Claiming of Input Tax
  • Disallowed Input Tax Claims
  • Imports
  • Correcting Mistakes in Import Declaration
  • Record-Keeping
  • Completing the GST F5

Intermediate Concepts
  • Foreign Currency Invoice
  • Bad Debt Relief
  • Fringe Benefits - Update on Closed Nexus Test
  • Gifts
  • Ownership of Goods
  • Exports
  • International Services
  • Reimbursements vs Disbursements
  • Entertainment Expenses
  • Sponsorships
  • Discounts & Rebates 

About the Presenter(s)/ Trainer(s)

Mr Andre Lim
Accredited Tax Practitioner (GST)
TAKX Solutions

A former Inland Revenue Authority of Singapore (IRAS) Senior Tax Officer backed by 6 years of hands-on experience in managing and solving difficult tax returns, Andre Lim has more than a decade of public speaking experience. The Accredited Tax Practitioner has conducted more than 200 seminars and GST training classes with many organisations, including:

  • Singapore Business Federation (SBF)
  • Dun & Bradstreet (D&B)
  • Management Development Institute of Singapore (MDIS)
  • YYC GST Consultants Sdn Bhd (Malaysia)
  • CCH Malaysia
  • Aventis Learning Group

TAKX Solutions has conducted more than 100 GST workshops since our inception, including "Mastering the Basic & Intermediate Concepts of GST" workshops, "Understanding Malaysia GST" workshops, workshops on GST rate change and several in-house GST workshops, training over 7,000 participants including business owners, senior management, finance/accounting staff and other professionals from over 3,500 organisations on how to appropriately handle GST in their area of work.

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