A Highlight of Key Areas:
Singapore GST Fundamentals
- Scope & mechanism of GST
- Determining place, time, and value of supply
Types of Supplies & Compliance
- Zero-rated supplies: Exports, international services
- Conditions for input tax claims & disallowed expenses
- Partial exemption rules
Critical GST Issues & Solutions
- Deeming requirements: Fringe benefits and gifts
- Recovery of expenses: Reimbursements vs Disbursements
- Bad debt relief
- Reverse charge: Imported services and Imported LVG
- Documentation requirements for audits