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The  last GST rate change (from 5% to 7%) took place more than 15 years=
 ago,  in 2007. Many would have forgotten the experience and some might n=
ot  have even entered the workforce then. Come 1 January 2023, the GST ra=
te  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 star=
t your  preparations for the impending rate change early. The cost of  no=
n-compliance with GST rules will only increase with the rate increase  an=
d this needs to be carefully managed.
With  this in mind, we have identi=
fied key areas that need to be addressed  before the new GST rate takes e=
ffect, and will be covering them during  this half-day workshop.&nbsp;
T=
he  Preparing for                       GST Rate Change workshop is also =
 available as an                       in-house programme in both webinar=
  and                       face-to-face formats. Contact us for a  discu=
ssion                       today!



















=




Key topics:
- Overview of GST
- Time of Supply Rules
- GST Rate=
 Change for Goods &amp; Services

Tax invoice issued on/after 1 January=
 2023
Tax invoice issued before 1 January 2023

- GST Rate Change for =
Continuous Supply of Services
- GST Rate Change Exercises
- Miscellaneo=
us

Price displays
Method of apportionment
Impact on contracts
Credi=
t note
Cash rebates
Goods returned on/after 1 January 2023
Preparing f=
or GST rate change

- Payments Received Before &amp; After 1 January 20=
23

Cheque payments
GIRO payments
Electronic payment modes
Businesse=
s that operate past midnight on 31 December 2022

- 30-minute Q&amp;A s=
ession&nbsp;
Trainer:&nbsp;Andre Lim (view profile)
Date : Thursday, 29=
 September 2022
Venue: Carlton Hotel, 76 Bras Basah Road
Time : 9:00am =
to 12:00pm (Registration starts at 8:45am)&nbsp;
Fee : $188 per particip=
ant (inclusive of course materials, buffet lunch &amp; certificates)
To =
sign up for the workshop,&nbsp;please&nbsp;register&nbsp;online&nbsp;so  =
that we may reserve a seat for you. Once we have received your  registrat=
ion details, we will send you a confirmation email along with  an invoice=
 to facilitate your payment.
Since 2007, TAKX   Solutions has trained mo=
re than 15,000 participants from over 6,000   organisations with our rang=
e of GST, tax, finance, risk management and   international trade documen=
tation workshops. In the coming weeks, Takx   Solutions will be conductin=
g the following workshops:&nbsp;
&nbsp;
Taxation&nbsp;








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=

























Mastering the Basic &am=
p; Intermediate Concepts of GST on 22 Sep (Thu)
Preparing for GST Rate C=
hange webinar on 7 Oct (Fri)
Introduction to Transfer Pricing on 13 Oct =
(Thu)
GST: Zero-Rating for International Services &amp; Exports on 17 No=
v (Thu)
Withholding Tax on 2 Dec (Fri)


Finance / Accounting&nbsp; =20=


Introduction to Data Analytics for Accountants with Power BI on 12 Oc=
t (Wed)
Introduction to Consolidated Accounts on 20 Oct (Thu)
Business =
Writing to Collect Debts on 18 Nov (Fri)
Introduction to Process Automat=
ion for Accountants with Power Query on 14 Dec (Wed)

International Tra=
de Documentation

Understanding Incoterms 2020 on 23 Sep (Fri)
Underst=
anding the Essentials of Letters of Credit on 14 Oct (Fri)
The Basics of=
 Import/Export &amp; International Trade on 19 Oct (Wed)
How to Handle E=
xport LCs &amp; BLs: Understanding the ISBP 745 &amp; Clarifications to U=
CP 600 on 25 Nov (Fri)


Finance for Non-Finance

Effective Cash Flo=
w Management, Budgeting &amp; Analysis on 20 Sep (Tue)
Understanding Fin=
ancial Statements for Non-Finance Personnel on 22 Nov (Tue)






=





































=











To find out more about these workshops and to downlo=
ad the registration forms, please visit&nbsp;&nbsp;www.takx.com.sg



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=





In the mean time, if you have any enquiries, I'll be glad to an=
swer them on tel: 6293 9068.
Looking forward to your participation in ou=
r workshop!&nbsp;

&nbsp;=20




Jay Goh&nbsp;TAKX Solutions Pte L=
tdTel: 6293 9068We've moved! We're now located at:&nbsp;960 Dunearn Road =
#06-25Singapore 589486WEBSITE:&nbsp;http://www.takx.com.sg&nbsp;




=


Note: To unsubscribe from this mailing list, please reply to this mess=
age and indicate UNSUBSCRIBE in the subject header.




=20




=























--=_-CZ9eOOiyWxmKShA2GUcfPBOaENA7qEAiAwL+Onhq-d0St+l
Content-Type: text/html; charset=iso-8859-15
Content-Transfer-Encoding: quoted-printable

<div lang=3D"x-western">
<p><span style=3D"font-size: small;">The  last =
GST rate change (from 5% to 7%) took place more than 15 years ago,  in 20=
07. Many would have forgotten the experience and some might not  have eve=
n entered the workforce then. Come 1 January 2023, the GST rate  in Singa=
pore will be raised again, this time from the current 7% to 8%.</span></p=
>
<div>
<div lang=3D"x-western">
<p><span style=3D"font-size: small;">=
<span style=3D"font-size: small;">If  you're a GST-registered business, i=
t is crucial that you start your  preparations for the impending rate cha=
nge early. The cost of  non-compliance with GST rules will only increase =
with the rate increase  and this needs to be carefully managed.</span></s=
pan></p>
<p><span style=3D"font-size: small;"><span style=3D"font-size: =
small;">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 the=
m during  this half-day workshop.<strong>&nbsp;</strong></span></span></p=
>
<p><strong><span style=3D"font-size: small;"><span style=3D"font-size:=
 small;">The  Preparing for                       GST Rate Change worksho=
p is also  available as an                       in-house programme in bo=
th webinar  and                       face-to-face formats. Contact us fo=
r a  discussion                       today!</span></span></strong></p>
=
<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-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">
<div lang=3D=
"x-western">
<div lang=3D"x-western">
<p><strong><span style=3D"font-si=
ze: small;"><span style=3D"font-size: small;">Key topics:</span></span></=
strong></p>
<p><strong><span style=3D"font-size: small;"><span style=3D"=
font-size: small;">- Overview of GST</span></span></strong></p>
<p><stro=
ng><span style=3D"font-size: small;"><span style=3D"font-size: small;">- =
Time of Supply Rules</span></span></strong></p>
<p><strong><span style=3D=
"font-size: small;"><span style=3D"font-size: small;">- GST Rate Change f=
or Goods &amp; Services</span></span></strong></p>
<ul>
<li><span style=
=3D"font-size: small;"><span style=3D"font-size: small;">Tax invoice issu=
ed on/after 1 January 2023</span></span></li>
<li><span style=3D"font-si=
ze: small;"><span style=3D"font-size: small;">Tax invoice issued before 1=
 January 2023</span></span></li>
</ul>
<p><strong><span style=3D"font-s=
ize: small;"><span style=3D"font-size: small;">- GST Rate Change for Cont=
inuous Supply of Services</span></span></strong></p>
<p><strong><span st=
yle=3D"font-size: small;"><span style=3D"font-size: small;">- GST Rate Ch=
ange Exercises</span></span></strong></p>
<p><strong><span style=3D"font=
-size: small;"><span style=3D"font-size: small;">- Miscellaneous</span></=
span></strong></p>
<ul>
<li><strong><span style=3D"font-size: small;"><=
span style=3D"font-size: small;">Price displays</span></span></strong></l=
i>
<li><strong><span style=3D"font-size: small;"><span style=3D"font-siz=
e: small;">Method of apportionment</span></span></strong></li>
<li><stro=
ng><span style=3D"font-size: small;"><span style=3D"font-size: small;">Im=
pact on contracts</span></span></strong></li>
<li><strong><span style=3D=
"font-size: small;"><span style=3D"font-size: small;">Credit note</span><=
/span></strong></li>
<li><strong><span style=3D"font-size: small;"><span=
 style=3D"font-size: small;">Cash rebates</span></span></strong></li>
<l=
i><strong><span style=3D"font-size: small;"><span style=3D"font-size: sma=
ll;">Goods returned on/after 1 January 2023</span></span></strong></li>
=
<li><strong><span style=3D"font-size: small;"><span style=3D"font-size: s=
mall;">Preparing for GST rate change</span></span></strong></li>
</ul>
=
<p><strong><span style=3D"font-size: small;"><span style=3D"font-size: sm=
all;">- Payments Received Before &amp; After 1 January 2023</span></span>=
</strong></p>
<ul>
<li><strong><span style=3D"font-size: small;"><span =
style=3D"font-size: small;">Cheque payments</span></span></strong></li>
=
<li><strong><span style=3D"font-size: small;"><span style=3D"font-size: s=
mall;">GIRO payments</span></span></strong></li>
<li><strong><span style=
=3D"font-size: small;"><span style=3D"font-size: small;">Electronic payme=
nt modes</span></span></strong></li>
<li><strong><span style=3D"font-siz=
e: small;"><span style=3D"font-size: small;">Businesses that operate past=
 midnight on 31 December 2022</span></span></strong></li>
</ul>
<p><spa=
n style=3D"font-size: small;"><span style=3D"font-size: small;"><strong>-=
 30-minute Q&amp;A session</strong>&nbsp;</span></span></p>
<p><strong><=
span style=3D"font-size: small;"><span style=3D"font-size: small;">Traine=
r:&nbsp;<a href=3D"http://www.takx.com.sg/trainers/andre-lim/" target=3D"=
_blank">Andre Lim (view profile)</a><br /></span></span></strong></p>
<p=
><strong><span style=3D"font-size: small;"><span style=3D"font-size: smal=
l;">Date : Thursday, 29 September 2022</span></span></strong></p>
<p><st=
rong><span style=3D"font-size: small;"><span style=3D"font-size: small;">=
Venue: Carlton Hotel, 76 Bras Basah Road</span></span></strong></p>
<p><=
span style=3D"font-size: small;"><span style=3D"font-size: small;"><stron=
g>Time : 9:00am to 12:00pm (Registration starts at 8:45am)</strong><stron=
g>&nbsp;</strong></span></span></p>
<p><span style=3D"font-size: small;"=
><span style=3D"font-size: small;"><strong>Fee : $188 per participant (</=
strong><strong>inclusive of course materials, buffet lunch &amp; certific=
ates)</strong></span></span></p>
<p><span style=3D"font-size: small;"><s=
pan style=3D"font-size: small;">To sign up for the workshop,&nbsp;<strong=
>please&nbsp;</strong><strong><a href=3D"https://www.takx.com.sg/componen=
ts/workshops/preparing-for-gst-rate-change.html" target=3D"_blank">regist=
er&nbsp;online</a></strong>&nbsp;so  that we may reserve a seat for you. =
Once we have received your  registration details, we will send you a conf=
irmation email along with  an invoice to facilitate your payment.</span><=
/span></p>
<div lang=3D"x-western"><span style=3D"font-size: small;"><sp=
an style=3D"font-size: small;">Since 2007, TAKX   Solutions has trained m=
ore than 15,000 participants from over 6,000   organisations with our ran=
ge of GST, tax, finance, risk management and   international trade docume=
ntation workshops. In the coming weeks, Takx   Solutions will be conducti=
ng the following workshops:&nbsp;</span></span></div>
<div lang=3D"x-wes=
tern"><span style=3D"font-size: small;"><span style=3D"font-size: small;"=
>&nbsp;</span></span></div>
<div lang=3D"x-western"><strong><span style=3D=
"font-size: small;"><span style=3D"font-size: small;">Taxation&nbsp;</spa=
n></span></strong></div>
<div lang=3D"x-western">
<div lang=3D"x-wester=
n">
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estern">
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>
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tern">
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tern">
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<ul>
<li><span style=3D"font-size: small;"><span =
style=3D"font-size: small;">Mastering the Basic &amp; Intermediate Concep=
ts of GST on 22 Sep (Thu)</span></span></li>
<li><span style=3D"font-siz=
e: small;"><span style=3D"font-size: small;">Preparing for GST Rate Chang=
e webinar on 7 Oct (Fri)</span></span></li>
<li><span style=3D"font-size=
: small;"><span style=3D"font-size: small;">Introduction to Transfer Pric=
ing on 13 Oct (Thu)</span></span></li>
<li><span style=3D"font-size: sma=
ll;"><span style=3D"font-size: small;">GST: Zero-Rating for International=
 Services &amp; Exports on 17 Nov (Thu)</span></span></li>
<li><span sty=
le=3D"font-size: small;"><span style=3D"font-size: small;">Withholding Ta=
x on 2 Dec (Fri)</span></span></li>
</ul>
</div>
<div lang=3D"x-wester=
n"><span style=3D"font-size: small;"><strong>Finance / Accounting&nbsp;</=
strong><br /> </span>=20
<ul>
<li><span style=3D"font-size: small;"><sp=
an style=3D"font-size: small;">Introduction to Data Analytics for Account=
ants with Power BI on 12 Oct (Wed)</span></span></li>
<li><span style=3D=
"font-size: small;"><span style=3D"font-size: small;">Introduction to Con=
solidated Accounts on 20 Oct (Thu)</span></span></li>
<li><span style=3D=
"font-size: small;"><span style=3D"font-size: small;">Business Writing to=
 Collect Debts on 18 Nov (Fri)</span></span></li>
<li><span style=3D"fon=
t-size: small;"><span style=3D"font-size: small;">Introduction to Process=
 Automation for Accountants with Power Query on 14 Dec (Wed)</span></span=
></li>
</ul>
<p><strong><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">International Trade Documentation</span></span></stro=
ng></p>
<ul>
<li><span style=3D"font-size: small;"><span style=3D"font-=
size: small;">Understanding Incoterms 2020 on 23 Sep (Fri)</span></span><=
/li>
<li><span style=3D"font-size: small;"><span style=3D"font-size: sma=
ll;">Understanding the Essentials of Letters of Credit on 14 Oct (Fri)</s=
pan></span></li>
<li><span style=3D"font-size: small;"><span style=3D"fo=
nt-size: small;">The Basics of Import/Export &amp; International Trade on=
 19 Oct (Wed)</span></span></li>
<li><span style=3D"font-size: small;"><=
span style=3D"font-size: small;">How to Handle Export LCs &amp; BLs: Unde=
rstanding the ISBP 745 &amp; Clarifications to UCP 600 on 25 Nov (Fri)</s=
pan></span></li>
</ul>
</div>
<p><strong><span style=3D"font-size: sma=
ll;"><span style=3D"font-size: small;">Finance for Non-Finance</span></sp=
an></strong></p>
<ul>
<li><span style=3D"font-size: small;"><span style=
=3D"font-size: small;">Effective Cash Flow Management, Budgeting &amp; An=
alysis on 20 Sep (Tue)</span></span></li>
<li><span style=3D"font-size: =
small;"><span style=3D"font-size: small;">Understanding Financial Stateme=
nts for Non-Finance Personnel on 22 Nov (Tue)</span></span></li>
</ul>
=
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<div lang=3D"x-western"><span style=3D"font-size: small=
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ps and to download the registration forms, please visit&nbsp;&nbsp;<a hre=
f=3D"http://www.takx.com.sg/" target=3D"_blank">www.takx.com.sg</a></span=
></span></div>
</div>
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<p><span style=3D"font-size: small;"><span style=3D"font-size: small;"=
>In the mean time, if you have any enquiries, I'll be glad to answer them=
 on tel: 6293 9068.</span></span></p>
<p><span style=3D"font-size: small=
;"><span style=3D"font-size: small;">Looking forward to your participatio=
n in our workshop!&nbsp;</span></span></p>
<div lang=3D"x-western">
<di=
v lang=3D"x-western"><address><span style=3D"font-size: small;">&nbsp; </=
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;"><span style=3D"font-size: small;">Jay Goh=
</span></span></address><address><span style=3D"font-size: small;"><span =
style=3D"font-size: small;">&nbsp;</span></span></address><address><span =
style=3D"font-size: small;"><span style=3D"font-size: small;">TAKX Soluti=
ons Pte Ltd</span></span></address><address><span style=3D"font-size: sma=
ll;"><span style=3D"font-size: small;">Tel: 6293 9068</span></span></addr=
ess><address><strong><span style=3D"font-size: small;"><span style=3D"fon=
t-size: small;">We've moved! We're now located at:&nbsp;</span></span></s=
trong></address><address><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">960 Dunearn Road #06-25</span></span></address><addre=
ss><span style=3D"font-size: small;"><span style=3D"font-size: small;">Si=
ngapore 589486</span></span></address><address><span style=3D"font-size: =
small;"><span style=3D"font-size: small;">WEBSITE:&nbsp;<a href=3D"http:/=
/www.takx.com.sg/" target=3D"_blank">http://www.takx.com.sg</a>&nbsp;</sp=
an></span></address></div>
</div>
</div>
</div>
</div>
<div lang=3D"=
x-western">
<p><strong><span style=3D"font-size: small;"><span style=3D"=
font-size: small;">Note: To unsubscribe from this mailing list, please re=
ply to this message and indicate UNSUBSCRIBE in the subject header.</span=
></span></strong></p>
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</address></div>
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<div lang=3D"x-w=
estern">
<div lang=3D"x-western"><address> </address></div>
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