Administer Goods and Services Tax (GST) in Singapore

Funding Validity Period

Course Overview

This 1-day course aims to provide accounting, finance and business executives with an in-depth understanding of Singapore GST, which will in turn promote accurate, timely and effective responses on GST administration and compliance work.

Skills Acquired

By the end of the course, participants should be able to:

Define the scope of GST in Singapore
Classify and explain the types of supplies and reliefs within the context of Singapore GST
Apply the scope and concept of Singapore GST to business transactions, including e-commerce transactions
Manage the administration and compliance of Singapore GST matters

Learning Modules

Learning Unit 1: GST Overview

History of GST in Singapore
Overview of GST system
Common terms

Learning Unit 2: Scope Of GST

Made in Singapore
Made in the course or furtherance of any business
Made by a taxable person
Taxable supply of goods & service takes place
Types of supply
Timing of supply

Learning Unit 3: Claim Of Input Tax

Conditions governing input tax claims
Disallowed input tax claims
Local Supplies
Imports

Learning Unit 4: Application To Business Transactions

Bad Debt Written Off
Disbursement Or Reimbursement
Common fringe benefits
Recovery of disallowed expenses from related companies
Other Transactions

Learning Unit 5: Administration And Compliance

Accounting And Administration
Filing Of Returns
Correction Of Errors

• History of GST in Singapore

• Overview of GST system

• Common terms

• Made in Singapore

• Made in the course or furtherance of any business

• Made by a taxable person

• Taxable supply of goods & service takes place

• Types of supply

• Timing of supply

• GST transition rule

• Time of supply

• Practical examples

• Local supplies

• Imports

• Bad debt written off

• Disbursement or Reimbursement

• Other transactions

Who is this course is for

This training is relevant to Accounting, Finance and Business Executive

Academic prerequisites

Course Fees

Fees	Company / Self Sponsored
Full Fee	$350
GST	$31.50
Nett Fee Payable (incl. GST)	$381.50