Classroom/ Online: Yes/ No
Scheduling Date(s):
1) Apr 14, 2025 (classroom)
2) Jul 11, 2025 (classroom)
3) Oct 17, 2025 (classroom)
4) Nov 14, 2025 (classroom)
Note: Please click specific date for detailed venue and course fee etc.
Mastering the Basic & Intermediate Concepts of GST
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.
Objective
Upon completion of this workshop, participants will be able to :
- Understand GST concept
- Apply the concept for charging GST on Sales
- Apply the concept for charging GST on Other Transactions
- Apply the concept of claiming GST on Business Purchases and Imports
- Apply the concept of Price Display, Invoicing and Record-keeping
- e-Filing GST returns and Correcting Mistakes
- Known the Penalties and Recovery Actions
- Where to Get Help
Outline
- Overview of GST System and How It Works
- Key Concepts of GST including Types, Place, Time & Value of Supplies
- Claiming Input Tax Credits, including pre-registration input tax and bad debts relief
- 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
- Offences and Penalties
- GST Assisted Compliance Assurance Program (ACAP)
- Voluntary Disclosure Program (VDP)
- GST on Imported Services – Reverse Charge and Overseas Vendor Registration
Who should attend
Junior tax professionals and accountants who are involved in GST compliance work; and Non-tax professionals / Business Owners who want to achieve a higher appreciation of corporate tax laws, regulations and practice.
Methodology
Lecture style in a classroom setting, with Case Studies and Examples
Profile of Jeffrey Lee Hing Hook
MBA, CA(Singapore), FCMA (UK), ACPL, ACC (ICF)
Presently Jeffrey is providing Fractional CFO services , Independent Director and Business Consultant to Small and Medium Enterprise Businesses.
He is motivated to constantly develop his skills and grow professionally. He has a proven ability to organize and facilitate management and team building training programs and activities (internally) for some of the MNC’s and Companies he worked with in his past employments.
Prior to his current roles, Jeffrey Lee spent close to 40 years at Senior Management Roles as Chief Financial Officers and other Corporate Functions. He is a dynamic and forward-thinking financial executive with comprehensive experience in driving profitability, leading corporate restructuring, and fostering business growth across diverse sectors.
An experienced CFO/Senior Management and Finance Leader with extensive work experience and knowledge in all financial matters including audit, finance and business management in industries relating to Technology, Government, Insurance, Consumer Financing, Manufacturing & Distribution , Leisure and Travel related sectors. Jeffrey Lee is a performance-driven professional with extensive practical experience in Senior Management/Finance Executive roles across international markets in Asia Pacific, Middle East, Africa, and the Americas. Known for business and financial advisory/consulting, with specialization in strategic business planning, corporate finance & financial management, finance transformation, talents development, business/corporate restructuring, M&A and enterprise risk management.
Skilled in corporate restructuring, finance transformation, and mergers & acquisitions. Solid history of managing large, multicultural teams and translating complex challenges into actionable outcomes. Eloquent Communicator, adept at liaising across all corporate levels to drive commercial success and business growth. A Financial leader with strong track record in finance and accounting, strategic planning, risk management, and financial analysis.
