GST Course — Goods and Services Tax
1 Day Course |
SkillsFuture Credit Eligible |
UTAP Ineligible |
Course Overview
GST Course — Goods and Services Tax
This GST 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.
Course Title
Administer Goods and Services Tax (GST) in Singapore
Course Objectives
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
GST Course — Goods and Services Tax
Course Content: Goods and Services Tax Course — GST Training
1. GST OVERVIEW
- Participants attempt given quizzes to test
their underpinning knowledge - Case study
2. SCOPE OF GST
- Made in Singapore
- Made in the course or furtherance of any
business - Made by a taxable person
- Discussion – Why these four conditions are
important for determining the scope of GST
3. SCOPE OF GST – PLACE
- Pop Quizzes
- Discussion – How “Made in Singapore” is
applicable to their businesses
4. SCOPE OF GST – BUSINESS
5. SCOPE OF GST – PERSON
6. SCOPE OF GST – SUPPLY
- Supply Types (Standard-rated, Zero-rated,
Exempt supply, Out of scope, Deemed
Supply) - Review on your business
7. TIMING OF SUPPLY
8. INPUT TAX
- Local supplies
- Import
9. LET’S EXAMINE TRANSACTIONS
- Fringe benefits
- Secondments of staff
- Electronic commerce transactions
- Disbursements and reimbursements
- Free usage of business premises by third
party - Bad debts written off or recovered
- Sale of second-hand goods
10. REGISTRATION
11. ACCOUNTING & ADMINISTRATION
- Review on your business
12. TEAM GAMES AND CLOSING
Course Methodology
The course will be conducted through a series of mini-lectures, hands-on exercises and case studies, brainstorming sessions, games and group discussions.
Who Should Attend This Course
Accounting, Finance, and Business Executives.
If you are interested in finance-related courses, check out our Financial Literacy Course or Value Investing Course. Otherwise, feel free to view our selection of Finance Courses.
Course Feature
Course Feature
Course Provider: James Cook Institute Pte. Ltd.
UEN: 198802365N
Course Reference Number: TGS-2017500573
Mode Of Training: Classroom
Funding Validity Period: 02 Dec 2022 – 01 Dec 2024
FULL COURSE FEE (Non Singaporeans and Singaporeans Below 21) | $302.40 |
---|---|
SINGAPOREAN 40 YRS AND ABOVE (AFTER SUBSIDY) | $302.40 |
SINAGPOREAN 21-39 YRS/PR (AFTER SUBSIDY) | $302.40 |
Duration | 1 day (7.5h of training) |
Available in: English