Webinar

In FY2020/21, the Inland Revenue Authority of Singapore ("IRAS") collected $10.3 billion from GST, which contributed to 21% of the IRAS revenue collection by tax type.

From 2020 to 2022, operational approaches, strategies and volume of companies operating in Singapore have evolved and grown alongside the evolving COVID-19 situation.

In tandem to this, the focus of IRAS' GST audit has also been calibrated with that of a business focus, and an in-depth analysis of the GST controls systems put in place by GST registered businesses ("GRB") have been carried out. This has enabled IRAS to address the root cause of GRB operational concerns and examine gaps that are contributing to incorrect GST reporting and heavy penalties.

With the change to GST rate that comes in effect from 1 January 2023, we will share in this timely session, how best to align ourselves closer to what IRAS is looking for.

 

[Outline]

A brief tour on: 
- GST Value Chain (Re-cap) 
- Supply 
- GST Rate Change

PRESENTER: 
- Richard Ong Partner & Head of GST, RSM

Event: GST Rate Change- Readiness for 1 Jan 2023, Date: 21 December 2022 (Wednesday), Time: 4.30 pm to 6.00 pm, Fee: Complimentary, Who to attend: CFOs, Financial Controllers, Accounting and Finance Managers of Companies

CPE hours: 1.5 CPE hours (Others) with attendance of at least 70 minutes and the completion of feedback form

Enquiries

For enquiries on this event,  please email [email protected] 

NOTE 
The organisers reserve the right to change the venue, date and programme due to circumstances beyond our control.

PHOTOGRAPHY 
Please be informed that RSM or others on behalf of the firm and third parties may be taking photographs and videos during this seminar. The organisers may use such photos in their marketing materials, publications or media.

By attending the event, you consent to the use of your photograph, voice, likeness, and image in any broadcasts of this event and in subsequent productions drawn from video or audio recordings of this event. The photographs and recordings may be published or broadcasted in RSM and affiliates’ publications and in publicity materials, including websites and social media. All recordings, articles, quotes, photographs, films, audio or video and/or any reproductions of same in any form, are the property of RSM. RSM, its affiliates, employees, representatives and agents are released from any and all claims, demands, costs and liability that may arise from the use of these interviews, recordings, photographs, videotapes or films, and/or any reproductions of same in any form, as described above, arising out of being interviewed, recorded, photographed, videotaped or filmed. It is the responsibility of event participants to remove themselves from group and candid shots/recordings that the photographers/videographers intend to capture, if they do not wish to have their photos/audio-visual recordings taken at the event.