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The last GST rate change (from 5% to 7%) took place more than 15 years ag=
o, in 2007. Many would have forgotten the experience and some might not h=
ave even entered the workforce then. Come 1 January 2023, the GST rate in=
Singapore will be raised again, this time from the current 7% to 8%.
If=
you're a GST-registered business, it is crucial that you start your prep=
arations for the impending rate change early. The cost of non-compliance =
with GST rules will only increase with the rate increase and this needs t=
o be carefully managed.
With this in mind, we have identified key areas =
that need to be addressed before the new GST rate takes effect, and will =
be covering them during the 3.5h webinar.
This workshop will be =
delivered live virtually via Zoom (download not required, stable liv=
e stream in browser available on Google Chrome/Mozilla Firefox) so t=
hat you may learn in the comfort and safety of your home or office.
=
Key topics:
- Overview of GST
-=
Time of Supply Rules
- GST Rate Change for Goods & Services
Tax =
invoice issued on/after 1 January 2023
Tax invoice issued before 1 Janua=
ry 2023
- GST Rate Change for Continuous Supply of Services
- GST Rat=
e Change Exercises
- Miscellaneous
Price displays
Method of apportio=
nment
Impact on contracts
Credit note
Cash rebates
Goods returned on/=
after 1 January 2023
Preparing for GST rate change
- Payments Receive=
d Before & After 1 January 2023
Cheque payments
GIRO payments
El=
ectronic payment modes
Businesses that operate past midnight on 31 Decem=
ber 2022
- 30-minute Q&A session
Trainer: Andre Lim (v=
iew profile)
Date : Friday, 9 September 2022
Time : 9:00am to 12:30pm (=
Online registration starts at 8:45am)
Fee : $100 per participant (=
inclusive of hand-outs & e-certificates)
To sign up for the webinar,=
please register online so that we may reserve a seat=
for you. Once we have received your registration details, we will send y=
ou a confirmation email along with an invoice to facilitate your payment.=
Since 2007, TAKX Solutions has trained more than 15,000 participants fr=
om over 6,000 organisations with our range of GST, tax, finance, risk man=
agement and international trade documentation workshops. In the coming we=
eks, Takx Solutions will be conducting the following workshops:
&n=
bsp;
Taxation
=
=
=
=
=
=
=
=
=
=
=
=
Mastering the Basic & Intermediate Concepts of GST on 2=
5 Aug (Thu)
How to Complete IR8A & IR21 on 9 Sep (Fri) - conducted b=
y our sister company KC Academy, please visit www.kcacademy.com.sg&n=
bsp;for details
Withholding Tax on 16 Sep (Fri)
Preparing for GST Rate =
Change (classroom-based) on 29 Sep (Thu)
Introduction to Transfer Pricin=
g on 13 Oct (Thu)
GST: Zero-Rating for International Services & Expo=
rts on 17 Nov (Thu)
Finance / Accounting =20
Business Writin=
g to Collect Debts on 16 Sep (Fri)
Introduction to Data Analytics for Ac=
countants with Power BI on 12 Oct (Wed)
Introduction to Consolidated Acc=
ounts on 20 Oct (Thu)
Introduction to Process Automation for Accountants=
with Power Query on 14 Dec (Wed)
International Trade Documentation
=
Understanding Incoterms 2020 on 23 Sep (Fri)
Understanding the Essentia=
ls of Letters of Credit on 14 Oct (Fri)
The Basics of Import/Export &=
; International Trade on 19 Oct (Wed)
How to Handle Export LCs & BLs=
: Understanding the ISBP 745 & Clarifications to UCP 600 on 25 Nov (F=
ri)
Finance for Non-Finance
Understanding Financial Statements fo=
r Non-Finance Personnel on 24 Aug (Wed)
Effective Cash Flow Management, =
Budgeting & Analysis on 20 Sep (Tue)
=
=
To find out more about these workshops and to download the re=
gistration forms, please visit www.takx.com.sg
=
=
=
=
=
=
=
=
=
=
=
=
=
=
In the mean time, if you have any enquiries, I'll be glad to answer =
them on tel: 6293 9068.
Looking forward to your participation in our wor=
kshop!
Jay Goh TAKX Solutions Pte LtdTel: 6=
293 9068We've moved! We're now located at: 960 Dunearn Road #06-25Si=
ngapore 589486WEBSITE: http://www.takx.com.sg
Note:=
To unsubscribe from this mailing list, please reply to this message and =
indicate UNSUBSCRIBE in the subject header.
=
--=_RC319DjavIbAV0fXMUOzg5l8NIloUTuG9jzhvwTcVIP4MIhB
Content-Type: text/html; charset=iso-8859-15
Content-Transfer-Encoding: quoted-printable
<p><span style=3D"font-size: small;">The last GST rate change (from 5% to=
7%) took place more than 15 years ago, in 2007. Many would have forgotte=
n the experience and some might not have even entered the workforce then.=
Come 1 January 2023, the GST rate in Singapore will be raised again, thi=
s time from the current 7% to 8%.</span></p>
<p><span style=3D"font-size=
: small;">If you're a GST-registered business, it is crucial that you sta=
rt your preparations for the impending rate change early. The cost of non=
-compliance with GST rules will only increase with the rate increase and =
this needs to be carefully managed.</span></p>
<p><span style=3D"font-si=
ze: small;"><span>With this in mind, we have identified key areas that ne=
ed to be addressed before the new GST rate takes effect, and will be cove=
ring them during the 3.5h webinar.<strong> </strong></span></span></=
p>
<div>
<p><span style=3D"font-size: small;">This workshop will be del=
ivered live virtually via Zoom<strong> (download not required, stabl=
e live stream in browser available on Google Chrome/Mozilla Firefox) =
;</strong>so that you may learn in the comfort and safety of your home or=
office.</span></p>
<div>
<div lang=3D"x-western">
<div lang=3D"x-west=
ern">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x=
-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=
=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div=
lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
=
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-weste=
rn">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-=
western">
<div lang=3D"x-western">
<div lang=3D"x-western">
<p><strong=
><span style=3D"font-size: small;">Key topics:</span></strong></p>
<p><s=
trong><span style=3D"font-size: small;">- Overview of GST</span></strong>=
</p>
<p><strong><span style=3D"font-size: small;">- Time of Supply Rules=
</span></strong></p>
<p><strong><span style=3D"font-size: small;">- GST =
Rate Change for Goods & Services</span></strong></p>
<ul>
<li><span=
style=3D"font-size: small;">Tax invoice issued on/after 1 January 2023</=
span></li>
<li><span style=3D"font-size: small;">Tax invoice issued befo=
re 1 January 2023</span></li>
</ul>
<p><strong><span style=3D"font-size=
: small;">- GST Rate Change for Continuous Supply of Services</span></str=
ong></p>
<p><strong><span style=3D"font-size: small;">- GST Rate Change =
Exercises</span></strong></p>
<p><strong><span style=3D"font-size: small=
;">- Miscellaneous</span></strong></p>
<ul>
<li><strong><span style=3D"=
font-size: small;">Price displays</span></strong></li>
<li><strong><span=
style=3D"font-size: small;">Method of apportionment</span></strong></li>=
<li><strong><span style=3D"font-size: small;">Impact on contracts</span=
></strong></li>
<li><strong><span style=3D"font-size: small;">Credit not=
e</span></strong></li>
<li><strong><span style=3D"font-size: small;">Cas=
h rebates</span></strong></li>
<li><strong><span style=3D"font-size: sma=
ll;">Goods returned on/after 1 January 2023</span></strong></li>
<li><st=
rong><span style=3D"font-size: small;">Preparing for GST rate change</spa=
n></strong></li>
</ul>
<p><strong><span style=3D"font-size: small;">- P=
ayments Received Before & After 1 January 2023</span></strong></p>
<=
ul>
<li><strong><span style=3D"font-size: small;">Cheque payments</span>=
</strong></li>
<li><strong><span style=3D"font-size: small;">GIRO paymen=
ts</span></strong></li>
<li><strong><span style=3D"font-size: small;">El=
ectronic payment modes</span></strong></li>
<li><strong><span style=3D"f=
ont-size: small;">Businesses that operate past midnight on 31 December 20=
22</span></strong></li>
</ul>
<p><span style=3D"font-size: small;"><str=
ong>- 30-minute Q&A session</strong> </span></p>
<p><strong><sp=
an style=3D"font-size: small;">Trainer: <a href=3D"http://www.takx.c=
om.sg/trainers/andre-lim/" target=3D"_blank">Andre Lim (view profile)</a>=
<br /></span></strong></p>
<p><strong><span style=3D"font-size: small;">=
Date : Friday, 9 September 2022<br /></span></strong></p>
<p><span style=
=3D"font-size: small;"><span><strong>Time : 9:00am to 12:30pm (Online reg=
istration starts at 8:45am)</strong><strong> </strong></span></span>=
</p>
<p><span style=3D"font-size: small;"><span><strong>Fee : $100 per p=
articipant (</strong><strong>inclusive of hand-outs & e-certificates)=
</strong></span></span></p>
<p><span style=3D"font-size: small;">To sign=
up for the webinar, <strong>please </strong><strong><a href=3D=
"https://www.takx.com.sg/components/workshops/preparing-for-gst-rate-chan=
ge-webinar.html" target=3D"_blank">register online</a></strong> =
;so that we may reserve a seat for you. Once we have received your regist=
ration details, we will send you a confirmation email along with an invoi=
ce to facilitate your payment.</span></p>
<div lang=3D"x-western"><span =
style=3D"font-size: small;">Since 2007, TAKX Solutions has trained more t=
han 15,000 participants from over 6,000 organisations with our range of G=
ST, tax, finance, risk management and international trade documentation w=
orkshops. In the coming weeks, Takx Solutions will be conducting the foll=
owing workshops: </span></div>
<div lang=3D"x-western"><span style=3D=
"font-size: small;"> </span></div>
<div lang=3D"x-western"><strong>=
<span style=3D"font-size: small;">Taxation </span></strong></div>
<=
div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western=
">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-we=
stern">
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"x-western">
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ng=3D"x-western">
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iv lang=3D"x-western">
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>
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tern">
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g=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
<ul=
>
<li><span style=3D"font-size: small;">Mastering the Basic & Interm=
ediate Concepts of GST on 25 Aug (Thu)</span></li>
<li><span style=3D"fo=
nt-size: small;">How to Complete IR8A & IR21 on 9 Sep (Fri) - conduct=
ed by our sister company KC Academy, please visit <a href=3D"https:/=
/www.kcacademy.com.sg/components/workshops/how-to-complete-ir8a-and-ir21-=
15th-run.html">www.kcacademy.com.sg</a> for details</span></li>
<li=
><span style=3D"font-size: small;">Withholding Tax on 16 Sep (Fri)</span>=
</li>
<li><span style=3D"font-size: small;">Preparing for GST Rate Chang=
e (classroom-based) on 29 Sep (Thu)</span></li>
<li><span style=3D"font-=
size: small;">Introduction to Transfer Pricing on 13 Oct (Thu)</span></li=
>
<li><span style=3D"font-size: small;">GST: Zero-Rating for Internation=
al Services & Exports on 17 Nov (Thu)</span></li>
</ul>
</div>
<di=
v lang=3D"x-western"><span style=3D"font-size: small;"><strong>Finance / =
Accounting </strong><br /></span>=20
<ul>
<li><span style=3D"font-=
size: small;">Business Writing to Collect Debts on 16 Sep (Fri)</span></l=
i>
<li><span style=3D"font-size: small;">Introduction to Data Analytics =
for Accountants with Power BI on 12 Oct (Wed)</span></li>
<li><span styl=
e=3D"font-size: small;">Introduction to Consolidated Accounts on 20 Oct (=
Thu)</span></li>
<li><span style=3D"font-size: small;">Introduction to P=
rocess Automation for Accountants with Power Query on 14 Dec (Wed)</span>=
</li>
</ul>
<p><strong><span style=3D"font-size: small;">International =
Trade Documentation</span></strong></p>
<ul>
<li><span style=3D"font-si=
ze: small;">Understanding Incoterms 2020 on 23 Sep (Fri)</span></li>
<li=
><span style=3D"font-size: small;">Understanding the Essentials of Letter=
s of Credit on 14 Oct (Fri)</span></li>
<li><span style=3D"font-size: sm=
all;">The Basics of Import/Export & International Trade on 19 Oct (We=
d)</span></li>
<li><span style=3D"font-size: small;">How to Handle Expor=
t LCs & BLs: Understanding the ISBP 745 & Clarifications to UCP 6=
00 on 25 Nov (Fri)</span></li>
</ul>
</div>
<p><strong><span style=3D"=
font-size: small;">Finance for Non-Finance</span></strong></p>
<ul>
<li=
><span style=3D"font-size: small;">Understanding Financial Statements for=
Non-Finance Personnel on 24 Aug (Wed)</span></li>
<li><span style=3D"fo=
nt-size: small;">Effective Cash Flow Management, Budgeting & Analysis=
on 20 Sep (Tue)</span></li>
</ul>
</div>
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<div lang=3D"x-western"><span style=3D"=
font-size: small;"><span> To find out more about these workshops and=
to download the registration forms, please visit <a href=3D"h=
ttp://www.takx.com.sg/" target=3D"_blank">www.takx.com.sg</a></span></spa=
n></div>
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<p><span style=3D"font-size: small;">In the mean time, if yo=
u have any enquiries, I'll be glad to answer them on tel: 6293 9068.</spa=
n></p>
<p><span style=3D"font-size: small;">Looking forward to your part=
icipation in our workshop! </span></p>
<div lang=3D"x-western">
<d=
iv lang=3D"x-western"><address><span style=3D"font-size: small;"> </=
span>
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x=
-western">
<div lang=3D"x-western">
<div lang=3D"x-western"><address><s=
pan style=3D"font-size: small;">Jay Goh</span></address><address><span st=
yle=3D"font-size: small;"> </span></address><address><span style=3D"=
font-size: small;">TAKX Solutions Pte Ltd</span></address><address><span =
style=3D"font-size: small;">Tel: 6293 9068</span></address><address><stro=
ng><span style=3D"font-size: small;">We've moved! We're now located at:&n=
bsp;</span></strong></address><address><span style=3D"font-size: small;">=
960 Dunearn Road #06-25</span></address><address><span style=3D"font-size=
: small;">Singapore 589486</span></address><address><span style=3D"font-s=
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