Managing GST Effectively for Businesses

This workshop is designed to equip participants with the necessary skills and knowledge to effectively understand and apply GST concepts into your area of work. Lack and inadequacy of knowledge on GST Taxation has cost many businesses unnecessary penalties when they run afoul of taxation laws, do not be one of them. With notes specially designed for easy learning, to broaden and reinforce understanding of proper GST treatment, you will possess the knowledge and know-how to compute and file your GST returns accurately at the end of this workshop. 

Programme Outline

- Overview & Basic Concepts of GST
- Types of Supply
- Output Tax vs Input Tax
- Tax Invoices, Simplified Invoices & Receipts
- Foreign Currency Invoice
- Credit Notes & Debit Notes
- Claiming of Input Tax
- Bad Debt Relief
- Fringe Benefits
- 5 Disallowed Input Tax Claims
- Accounting for Putout Tax
- Imports
- Major Exporter Scheme
- Exports
- International Services
- Absorption of GST
- Price Displays 
- Reimbursement vs Disbursements
- Open Market Value
- Disposal of Business Asset
- Purchase of a Brand New Vehicle
- Sale of 2nd Hand Vehicle
- Discount vs Rebate
- Sponsorship
- Free Samples
- Deposits
- Penalties & Interest
- Reimbursement of Handphone Bills
- Entertainment & Office Expenses
- Incidental Expenses
- Record Keeping
- Completing the GST F5 Return
- GST F5 Exercise
- When do you need a GST F7?
- Change of Business Details

Target Audience

Relevant to new businesses and staff, accounts and finance personnel. Existing businesses and staff should also attend this as a refresher workshop or to clarify their doubts. Members are encouraged to attend this workshop to acquire a good understanding of the various provisions of the subject matter. 

Mr Andre Lim was 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. He has more than 10 years of public speaking experience. The Accredited Tax Practitioner has conducted more than 200 GST Workshops with many organisations, including Singapore Business Federation.

*Programme is accurate at the time of print

Day/Date: 13 Dec 2018, Thur
Time: 9:00am - 5:00pm
Fee per pax (incl. GST): S$390.00 (Member )  |  S$490.00 (Non-Member)
Venue : 160 Robinson Road, SBF Center, #06-01, Singapore 068914 

For more information, please contact:
Email: (ATTN: Ms. Josephine Ong)
Call: 6701 1135

Please email to to reserve a seat, this will be followed by a confirmation email. 

Upon confirmation, please prepare a cheque to SBF (refer to address on above letterhead). 
Cheque should be made payable to “Singapore Business Federation”. Please indicate the Ref No. and company’s name, participant’s name at the back of the cheque.

  • Registration is on a first-come-first-served basis. No cancellation will be allowed upon registration, but attendance by a replacement delegate from your company is allowed. We regret that no refund and full fees will be charged for cancellation or non-attendance.
  • Confirmation of your registration will be emailed to your company upon receipt of full payment.

NOTE:  As a precautionary measure, our advice is for members who are unwell not to attend the session.

All information, materials and related graphics contained herein and/or provided in the course of the training session(s) (hereinafter referred to as “Information and Materials”) are intended for informational and/or educational purposes only. The Singapore Business Federation does not claim ownership of any of the Information and Materials provided by the external training vendor(s). The information and Materials may from time to time include technical inaccuracies or typographical errors, and changes may be added periodically as may be necessary. Please note that photography, audio and video recording may occur during these event. All photography, audio and video recording may be used by Singapore Business Federation for education, marketing, promotional and/or publication purposes. If you do not wish to have your image recorded or published, for compelling and legitimate grounds relating to your particular situation, please inform our staff.

12/13/2018 9:00 AM - 5:00 PM

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