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The last GST rate change (from 5% to 7%) took place more than 15 yea=
rs ago, in 2007. Many would have forgotten the experience and some m=
ight not have 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 cr=
ucial that you start 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.
Wit=
h this in mind, we have identified key areas that need to be address=
ed before the new GST rate takes effect, and will be covering them =
during this half-day workshop.
The 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 discussion =
today!
Key top=
ics:
- Overview of GST
- Time of Supply Rules
- GST Rate Change for Go=
ods & Services
Tax invoice issued on/after 1 January 2023
Tax inv=
oice issued before 1 January 2023
- GST Rate Change for Continuous Sup=
ply of Services
- GST Rate Change Exercises
- Miscellaneous
Price di=
splays
Method of apportionment
Impact on contracts
Credit note
Cash r=
ebates
Goods returned on/after 1 January 2023
Preparing for GST rate ch=
ange
- Payments Received Before & After 1 January 2023
Cheque p=
ayments
GIRO payments
Electronic payment modes
Businesses that operate=
past midnight on 31 December 2022
- 30-minute Q&A session
=
Trainer: Andre Lim (view profile)
Date : Tuesday, 29 November 2022
=
Venue: Carlton Hotel, 76 Bras Basah Road
Time : 9:00am to 12:00pm (Regi=
stration starts at 8:45am)
Fee : $188 per participant (inclusive o=
f course materials, buffet lunch & certificates)
To sign up for the =
workshop, please register online so that we may =
reserve a seat for you. Once we have received your registration deta=
ils, we will send you a confirmation email along with an invoice to =
facilitate your payment.
Since 2007, TAKX Solutions has trained more t=
han 15,000 participants from over 6,000 organisations with our range of=
GST, tax, finance, risk management and international trade documentati=
on workshops. In the coming weeks, Takx Solutions will be conducting th=
e following workshops:
Taxation
=
=
=
=
=
=
=
=
=
=
=
=
GST: Zero-Rating for Inte=
rnational Services & Exports on 17 Nov (Thu)
Mastering the Basic &am=
p; Intermediate Concepts of GST on 24 Nov (Thu)
Withholding Tax on 1 Dec=
(Thu)
Preparing for GST Rate Change webinar on 9 Dec (Fri)
How to Comp=
lete IR8A & IR21 on 12 Jan (Thu) - conducted by our sister company KC=
Academy, please visit www.kcacademy.com.sg for details
Fi=
nance / Accounting =20
Business Writing to Collect Debts on 18 No=
v (Fri)
A Practical Guide to 2022 FRS Updates on 2 Dec (Fri)
Introducti=
on to Process Automation for Accountants with Power Query on 14 Dec (Wed)=
International Trade Documentation
How to Handle Export LCs & B=
Ls: Understanding the ISBP 745 & Clarifications to UCP 600 on 25 Nov =
(Fri)
Understanding the Essentials of Letters of Credit on 29 Nov (Tue)
=
Understanding Incoterms 2020 on 9 Dec (Fri)
Finance for Non-Finance=
Understanding Financial Statements for Non-Finance Personnel on 22 No=
v (Tue)
Effective Cash Flow Management, Budgeting & Analysis on 14 D=
ec (Wed)
=
To find out more about these w=
orkshops and to download the registration forms, please visit =
www.takx.com.sg
=
=
=
=
=
=
=
=
=
=
=
=
=
In the mean time, if you have any enquiri=
es, I'll be glad to answer them on tel: 6293 9068.
Looking forward to yo=
ur participation in our workshop!
Jay Goh TAKX So=
lutions Pte LtdTel: 6293 9068We've moved! We're now located at: 960 =
Dunearn Road #06-25Singapore 589486WEBSITE: http://www.takx.com.sg&n=
bsp;
Note: To unsubscribe from this mailing list, please reply=
to this message and indicate UNSUBSCRIBE in the subject header.
=
--=_Q5rrmjumrSFLuIinjWrKBjGzzpXWmSN4qbS-ToJ5yjriL5C0
Content-Type: text/html; charset=iso-8859-15
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<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 =
forgotten 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, this time from the current 7% to 8%.</span></p>
<div>
=
<div lang=3D"x-western">
<p><span style=3D"font-size: small;"><span sty=
le=3D"font-size: small;">If you're a GST-registered business, it is =
crucial that you start your preparations for the impending rate chan=
ge early. The cost of non-compliance with GST rules will only increa=
se with the rate increase and this needs to be carefully managed.</s=
pan></span></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 them during this half-day workshop.<strong> </stron=
g></span></span></p>
<p><strong><span style=3D"font-size: small;"><span =
style=3D"font-size: small;">The 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 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-wester=
n">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-w=
estern">
<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 la=
ng=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
<d=
iv lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western"=
>
<p><strong><span style=3D"font-size: 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><strong><span style=3D"font-size: small;"><=
span style=3D"font-size: small;">- Time of Supply Rules</span></span></st=
rong></p>
<p><strong><span style=3D"font-size: small;"><span style=3D"fo=
nt-size: small;">- GST Rate Change for Goods & Services</span></span>=
</strong></p>
<ul>
<li><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">Tax invoice issued on/after 1 January 2023</span></sp=
an></li>
<li><span style=3D"font-size: small;"><span style=3D"font-size:=
small;">Tax invoice issued before 1 January 2023</span></span></li>
</u=
l>
<p><strong><span style=3D"font-size: small;"><span style=3D"font-size=
: small;">- GST Rate Change for Continuous Supply of Services</span></spa=
n></strong></p>
<p><strong><span style=3D"font-size: small;"><span style=
=3D"font-size: small;">- GST Rate Change Exercises</span></span></strong>=
</p>
<p><strong><span style=3D"font-size: small;"><span style=3D"font-si=
ze: small;">- Miscellaneous</span></span></strong></p>
<ul>
<li><strong=
><span style=3D"font-size: small;"><span style=3D"font-size: small;">Pric=
e displays</span></span></strong></li>
<li><strong><span style=3D"font-s=
ize: small;"><span style=3D"font-size: small;">Method of apportionment</s=
pan></span></strong></li>
<li><strong><span style=3D"font-size: small;">=
<span style=3D"font-size: small;">Impact on contracts</span></span></stro=
ng></li>
<li><strong><span style=3D"font-size: small;"><span style=3D"fo=
nt-size: small;">Credit note</span></span></strong></li>
<li><strong><sp=
an style=3D"font-size: small;"><span style=3D"font-size: small;">Cash reb=
ates</span></span></strong></li>
<li><strong><span style=3D"font-size: s=
mall;"><span style=3D"font-size: small;">Goods returned on/after 1 Januar=
y 2023</span></span></strong></li>
<li><strong><span style=3D"font-size:=
small;"><span style=3D"font-size: small;">Preparing for GST rate change<=
/span></span></strong></li>
</ul>
<p><strong><span style=3D"font-size: =
small;"><span style=3D"font-size: small;">- Payments Received Before &=
; After 1 January 2023</span></span></strong></p>
<ul>
<li><strong><spa=
n style=3D"font-size: small;"><span style=3D"font-size: small;">Cheque pa=
yments</span></span></strong></li>
<li><strong><span style=3D"font-size:=
small;"><span style=3D"font-size: small;">GIRO payments</span></span></s=
trong></li>
<li><strong><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">Electronic payment modes</span></span></strong></li>
=
<li><strong><span style=3D"font-size: small;"><span style=3D"font-size: =
small;">Businesses that operate past midnight on 31 December 2022</span><=
/span></strong></li>
</ul>
<p><span style=3D"font-size: small;"><span s=
tyle=3D"font-size: small;"><strong>- 30-minute Q&A session</strong>&n=
bsp;</span></span></p>
<p><strong><span style=3D"font-size: small;"><spa=
n style=3D"font-size: small;">Trainer: <a href=3D"http://www.takx.co=
m.sg/trainers/andre-lim/" target=3D"_blank">Andre Lim (view profile)</a><=
br /></span></span></strong></p>
<p><strong><span style=3D"font-size: sm=
all;"><span style=3D"font-size: small;">Date : Tuesday, 29 November 2022<=
/span></span></strong></p>
<p><strong><span style=3D"font-size: small;">=
<span style=3D"font-size: small;">Venue: Carlton Hotel, 76 Bras Basah Roa=
d</span></span></strong></p>
<p><span style=3D"font-size: small;"><span =
style=3D"font-size: small;"><strong>Time : 9:00am to 12:00pm (Registratio=
n starts at 8:45am)</strong><strong> </strong></span></span></p>
<p=
><span style=3D"font-size: small;"><span style=3D"font-size: small;"><str=
ong>Fee : $188 per participant (</strong><strong>inclusive of course mate=
rials, buffet lunch & certificates)</strong></span></span></p>
<p><s=
pan style=3D"font-size: small;"><span style=3D"font-size: small;">To sign=
up for the workshop, <strong>please </strong><strong><a href=3D=
"https://www.takx.com.sg/components/workshops/preparing-for-gst-rate-chan=
ge.html" target=3D"_blank">register online</a></strong> so =
that we may reserve a seat for you. Once we have received your regi=
stration details, we will send you a confirmation email along with a=
n invoice to facilitate your payment.</span></span></p>
<div lang=3D"x-w=
estern"><span style=3D"font-size: small;"><span style=3D"font-size: small=
;">Since 2007, TAKX Solutions has trained more than 15,000 participants=
from over 6,000 organisations with our range of GST, tax, finance, ris=
k management and international trade documentation workshops. In the =
coming weeks, Takx Solutions will be conducting the following workshops=
: </span></span></div>
<div lang=3D"x-western"><span style=3D"font-=
size: small;"><span style=3D"font-size: small;"> </span></span></div=
>
<div lang=3D"x-western"><strong><span style=3D"font-size: small;"><spa=
n style=3D"font-size: small;">Taxation </span></span></strong></div>=
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-west=
ern">
<div lang=3D"x-western">
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<div lang=3D"x-western">
<u=
l>
<li><span style=3D"font-size: small;"><span style=3D"font-size: small=
;">GST: Zero-Rating for International Services & Exports on 17 Nov (T=
hu)</span></span></li>
<li><span style=3D"font-size: small;"><span style=
=3D"font-size: small;">Mastering the Basic & Intermediate Concepts of=
GST on 24 Nov (Thu)</span></span></li>
<li><span style=3D"font-size: sm=
all;"><span style=3D"font-size: small;">Withholding Tax on 1 Dec (Thu)</s=
pan></span></li>
<li><span style=3D"font-size: small;"><span style=3D"fo=
nt-size: small;">Preparing for GST Rate Change webinar on 9 Dec (Fri)</sp=
an></span></li>
<li><span style=3D"font-size: small;"><span style=3D"fon=
t-size: small;">How to Complete IR8A & IR21 on 12 Jan (Thu) - 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></span></l=
i>
</ul>
</div>
<div lang=3D"x-western"><span style=3D"font-size: smal=
l;"><strong>Finance / Accounting </strong><br /> </span>
<ul>
<li>=
<span style=3D"font-size: small;"><span style=3D"font-size: small;">Busin=
ess Writing to Collect Debts on 18 Nov (Fri)</span></span></li>
<li><spa=
n style=3D"font-size: small;"><span style=3D"font-size: small;">A Practic=
al Guide to 2022 FRS Updates on 2 Dec (Fri)</span></span></li>
<li><span=
style=3D"font-size: small;"><span style=3D"font-size: small;">Introducti=
on 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></strong></p>
<ul>
<li><span style=3D"font-size: small;"><span =
style=3D"font-size: small;">How to Handle Export LCs & BLs: Understan=
ding the ISBP 745 & Clarifications to UCP 600 on 25 Nov (Fri)</span><=
/span></li>
<li><span style=3D"font-size: small;"><span style=3D"font-si=
ze: small;">Understanding the Essentials of Letters of Credit on 29 Nov (=
Tue)</span></span></li>
<li><span style=3D"font-size: small;"><span styl=
e=3D"font-size: small;">Understanding Incoterms 2020 on 9 Dec (Fri)</span=
></span></li>
</ul>
</div>
<p><strong><span style=3D"font-size: small;=
"><span style=3D"font-size: small;">Finance for Non-Finance</span></span>=
</strong></p>
<ul>
<li><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">Understanding Financial Statements for Non-Finance Pe=
rsonnel on 22 Nov (Tue)</span></span></li>
<li><span style=3D"font-size:=
small;"><span style=3D"font-size: small;">Effective Cash Flow Management=
, Budgeting & Analysis on 14 Dec (Wed)</span></span></li>
</ul>
</d=
iv>
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<div lang=3D"x-western"><span style=3D"font-size: small;"><=
span style=3D"font-size: small;">To find out more about these workshops a=
nd to download the registration forms, please visit <a href=3D=
"http://www.takx.com.sg/" target=3D"_blank">www.takx.com.sg</a></span></s=
pan></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;">L=
ooking forward to your participation in our workshop! </span></p>
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<div lang=3D"x-western"><address><span style=3D"font-si=
ze: small;"><span style=3D"font-size: small;">Jay Goh</span></span></addr=
ess><address><span style=3D"font-size: small;"><span style=3D"font-size: =
small;"> </span></span></address><address><span style=3D"font-size: =
small;"><span style=3D"font-size: small;">TAKX Solutions Pte Ltd</span></=
span></address><address><span style=3D"font-size: small;"><span style=3D"=
font-size: small;">Tel: 6293 9068</span></span></address><address><strong=
><span style=3D"font-size: small;"><span style=3D"font-size: small;">We'v=
e moved! We're now located at: </span></span></strong></address><add=
ress><span style=3D"font-size: small;"><span style=3D"font-size: small;">=
960 Dunearn Road #06-25</span></span></address><address><span style=3D"fo=
nt-size: small;"><span style=3D"font-size: small;">Singapore 589486</span=
></span></address><address><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">WEBSITE: <a href=3D"http://www.takx.com.sg/" tar=
get=3D"_blank">http://www.takx.com.sg</a> </span></span></address></=
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<p><stron=
g><span style=3D"font-size: small;"><span style=3D"font-size: small;">Not=
e: To unsubscribe from this mailing list, please reply to this message an=
d indicate UNSUBSCRIBE in the subject header.</span></span></strong></p>
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