Post on 06-Apr-2016
description
GSTSOLUTION
GST SOLUTION
GST FOR PRACTITIONER : COMPLETE GUIDE ON GST AND SOLUTIONS TO HIGHLY CONTENTIOUS ISSUES SPEAKER | DR CHOONG KWAI FATT
26 & 27 JANUARY 2015
STAGE 3 : COMPLETE SOLUTIONS TO GST ISSUES
STAGE 1 : TEXTBOOK KNOWLEDGE ON GST
STAGE 2 : AWARE OF PRACTICALIMPLEMENTATION CHALLENGES
| HRDF CLAIMABLE * | 20 CPD |
(AUDITOR, TAX AGENT, COMPANY SECRETARY & CORPORATE LAWYERS)
Terms and Conditions | Cancellation Policy: No refund will be made after payment is made. If the registered participant is unable to attend, a substitute delegate is allowed at no extra charge. However, should there be a request to change the name printed on the certificate of attendance to that other than that shown on the registration form, RM 100 extra will be charged as reprinting service charge. The organiser reserves the right to refuse service. The organiser reserve the right to change event date and venue, with notice being sent vide the email registered above. | *HRDF Claimable : is subject to approval by PSMB . | You may not, without our prior written permission, frame or inline link any of the content of this brochure, or incorporate it into another website or other service any of our material, content or intellectual property. Copyright (C) 2014 Synergy TAS, Synergy TAS PLT.
GST SOLUTIONS26 , 27 JAN 2015 | ALOFT (KL SENTRAL) , KUALA LUMPUR
STAY AHEAD OF THE CROWD
WHILE OTHERS DISCOVER THE
PROBLEM YOU DO NOT JUST HAVE THE SOLUTION,
YOU HAVE MULTIPLE
ALTERNATIVE TO THE SAME
PROBLEM.GST SOLUTION
MULTIPLE ANSWERS AT
YOUR DISPOSAL
“
“
GST is transaction based, its treatment varies based on circumstances and nature of business, GST model has been localised and its legislation is further enhanced by guidelines from RMC and the GST Act, Regulations and PU(A) Orders.
The repercussion for erroneous GST implications is long term and has a snowball effect, both in terms of monetary penalties, also result in additional GST payable if these transactions are not correctly dealt with at the implementation stage itself.These two days’ workshop is created especially for public practitioners, comprehensively cover contents to transform knowledge into practical skills with practical alternatives approaches for public practitioners. The proposed alternative approaches are highly sought and invaluable to your clients.
Public practice which includes Auditor, tax agent, Company Secretary & Corporate lawyers, is always the front liner to all businesses. The GST support provided to client at this critical moment no doubt is highly demanded. It would be an indispensable and certainly added value to their clients.
INTRODUCTIONSPEAKER’S PROFILE
DR CHOONG KWAI FATT is the pioneer in GST formation and implementation. He is appointed by the Ministry of Finance as one of the panel members to review tax reforms in Malaysia, inclusive of the formulation of GST.
He has conducted and published an extensive research on GST way back since 2006. Dr Choong being an avid researcher, he has also studied GST system from various countries.
He is also widely known for his ability to formulate the “unthinkable” strategies and clearly thought of implementation plan. He is constantly sought by many listed companies as well as high net worth individual and SME for his practical and impressive strategy to GST implementation and of course, his foresight into the potential GST concerns.
He is the expert of experts in terms of GST & tax planning, where he provided advice and personally trained corporate accountants and professional firms on incom tax, RPGT and GST implementation. Get ready to take good notes when you attend his GST planning seminars.
GST : NOT A BED OF ROSES
Submit TWO Contentious issues
B.Acc(Hons)(Malaya),LL.B(Hons)(London), CLP, MCL(IIUM),PhD(IIUM), FCCA(UK), CPA(M), CA(M), ACA(ICAEW), CA(Aust.),CPA(Aust.), CGA(Can), FCCS.
TAX CONSULTANT, ADVOCATE AND SOLICITOR (HIGH COURT OF MALAYA)
DR CHOONG KWAI FATTParticipants are invited to submit 2 contentious issues to be incorporated into this tailor made workshop to bring home solutions / alternatives or suggestions to revamp your business practices to be gst compliant.
GST CHALLENGE 2| Market Value This seminar is created to bring your learning to the next level.
This seminar does not just provide the conventional knowledge on GST. It goes into greater depth of identifying the challenges faced together with well thought of solutions to the tough questions encountered by practitioners. In addition it works as a health check prior to accepting engagement ensure you are charging the right fee for extend of work to be carried out.
With the various checklist and practical pre-prepared solution it will shorten your time spend and enhance efficiency. Also mitigating GST compliance risk.
Malaysia’s GST Issues
TWO BURNING QUESTIONS
PROBLEM AND SOLUTIONS BASED WORKSHOP
SPECIAL MATERIAL:
THE COURSE CONTENT INCLUDES BUT NOT LIMITED TO THE FOLLOWING:
DAY ONE (26 JAN 2015)
: Manufacturing : Trading : Services industries
GST CHALLENGE 1| Time of Supply
+
Correct methodology to its quantification+
Get the types of invoice rightSamples Duty fee : Additional care dealing with Labuan, Tioman & Langkawi
GST CHALLENGE 3| Submission of GST Return
+
Extend of GST responsibility Self billing : hiccupsCross border commission income
GST CHALLENGE 7 | Commission Income
+
Management fees : Not as simple as it seems
GST CHALLENGE 8| Investment Holding Company
Group registration : a final analysis and its applicationsBranch / division registration
GST CHALLENGE 9| Hidden Risk on Selection of Mode of Registration
+
+
++
+
GoodsServicesGiftTrading stock sold to employees – market valueReimbursement of official used expenses
GST CHALLENGE 6| Tough Question on Employees Benefits
++
GET BEST PRACTICES AND CHECKLIST ON GST COMPLIANCE (HOT RESOURCE).
GST CHALLENGE 4| Tax Invoice & Procedures
= Hot topic
+
+
+
Sample, WarrantyDemoStaffsLostDamagesAbandonedThe deemed supply issuesStock discrepanciesParts of stocks used in works
GST CHALLENGE 5| Complicated Stock Quantification and Its Challenges
++++++++
+
+
Participants are invited to submit 2 contentious
issues to be incorporated into this tailor made
seminar to bring home solutions, alternatives or
suggestions to revamp and improvement to exisiting
GST approach.
Do submit your questions by 10 working days before
seminar date for it to be incorporated into the seminar.
Mechanism0%, exempt included
Import / Export issuesLucky drawsPromotional schemesSales related incentivesReimbursement of warranty itemsTied in goods, vouchers : the risk attachedTax invoice
GST CHALLENGE 10 | Manufacturing
Consignment issuesCoupon, vouchersPromotional vouchers
GST CHALLENGE 11 | Trading
Time of supply and computer environment for GST
GST CHALLENGE 12| Services
Disbursement proceduresTax invoice format & descriptionTransport chargesStamp duty, postageAdvertisementProblem on centralised payment and allocation issues
GST CHALLENGE 13| Payment on Behalf / Shared Expenses / Out of Pocket Expenses
Exempt supplyZero rated supplyExport goodsExport services / international services
ADDITIONAL CONTENT WHICH ADD VALUE TO CLIENT
GST CHALLENGE 14| Legality Surrounding Meaning and Scope of Supply
The usage of tax invoices and credit notesBad debts
Compliance or non-complianceInput tax on directors on petrol, parking, entertainment expenses
Advances & deposits
Impact of reverse charge mechanism
GST and income tax relationshipEligibility to claimJournal entries
Scope and coverageJournal entryRedemption treatment
GST CHALLENGE 15| Billing Concerns
GST CHALLENGE 16| Problem with Directors Fees
Types of insurance eligible for input tax
GST CHALLENGE 19 | Insurance
Intercompany balancesUnpaid creditors
GST CHALLENGE 20 | Manage the Creditors
A final look into software needs
GST CHALLENGE 18 | Computer talkCommercial property : scope and typesGST impact and assessmentRegister or not to register? RPGT, income tax, GST relationship on commercial propertyHolding on property (individual / company)Recovery of expenses from tenants
Advance rental treatment
SPAUtilitiesSewerage
GST CHALLENGE 17| Complicated Rental Income
Practical guidanceA walk through proceduresPractical guidance on appeal to RMC officer, the DG
HOT CONTENT 1| Appeal to Director General & Tribunal
Practical guidance and do & don’t
HOT CONTENT 2| Advance Ruling
Trading stocks, special sales tax refund procedures
HOT CONTENT 3| Transitional Issues
Continuing contractNon reviewable contract with zero rated Suggested GST clause for current contract and future contractsContract price GST inclusive
HOT CONTENT 4| Contractual Nitty Gritty
Factory, shophousePlant, machinery
HOT CONTENT 5| Contentious Issues on Disposing Assets Acquired Before 1.4.2015
Presenting the GST SOLUTIONS.
DAY TWO (27 JAN 2015)
++
+++
+
+
+
+
++
+
+
++
+++
+
+++
+
+++
+++
+
+
+
+
++
+
++
++
++
+
+++
++
+
+
++
+
+
+
++
+
+
++
DAY ONE (26 JAN 2015)
GST CHALLENGE 1 - 2
GST CHALLENGE 5 - 7
GST CHALLENGE 3 - 4
GST CHALLENGE 8 - 9
Practical guidance and do & don’t
REGISTRATION & BREAKFAST (BREAKFAST PROVIDED)
9.00 AM
8.30 AM
10.15 AM BREAK (SNACKS PROVIDED)
10.30 AM
12.30 PM LUNCH (MEAL PROVIDED)
1.30 PM
BREAK (SNACKS PROVIDED)3.00 PM
3.15 PM
Q & A Session
End of live event
5.00 PM
7.00 PM
GST CHALLENGE 10 - 14
GST CHALLENGE 18 - 20
GST CHALLENGE 15 - 17
HOT CONTENT 1 - 5
REGISTRATION & BREAKFAST (BREAKFAST PROVIDED)
9.00 AM
8.30 AM
10.15 AM BREAK (SNACKS PROVIDED)
10.30 AM
12.30 PM LUNCH (MEAL PROVIDED)
1.30 PM
BREAK (SNACKS PROVIDED)3.00 PM
3.15 PM
Q & A Session
End of live event
5.00 PM
7.00 PM
PROGRAMME TIMELINEThe estimated timeline for GST solutions
ATTEND THIS IF YOU ARE :
Majority of the attendee of this seminar will consist of :
Auditors (External and internal)Tax AgentsCompany SecretariesGST consultantsCorporate lawyersIn house advisors / corporate advisor
Who should attend this seminar
You are looking for a seminar which : You will like this seminar if
Note : Speaker is committed to high quality of presentation. The above schedue is for reference only. The schedule may be altered without prior notice.
DAY TWO (27 JAN 2015)
+Does not just focus on theory, which incorporates practical application of GSTSpeaker will also provide the source material for cross referencingPractical checklist and charts are prepared to facilitate comprehension and training of your staffProvide pracitical solutions and also alternative to conventional solutionsThe highly sough answer on how to approach audit of stocks. Procedure and level of care needed to appeal against a return.Method to obtain advanced rulling.Tought and further consideration on transitional issueIn need of guidance on how to restructure existing and future contract. GST treatment on disposal of asset. Areas of care and concern when you perform stock audit, also on audit of consignment stock.
+
+
++++
This seminar is created to facilitate the GST implementation by practitioners. With exclusive content presented for the first time in this two days seminar.
Due to the exclusivity of the content it will not be re-run, This seminar will only be conducted once.
+
+
+
+
+
+
+
+
++
10 CPD 10 CPD
PRICING
VENUE
SYNERGY TASSuite 153, PG-15A, Ground Floor, Jaya 33No. 3, Jalan Semangat, Section 13 46100 Petaling Jaya, Selangor
(016) 302 6109 ; (016) 328 6312event@synergytas.com
http://www.synergytas.com/gstpractitioner
Register online by using the following link :
Want to attend the seminar at its lowest price ? Register in group of 3 or more participants in one registration to get additional discount.
Enjoy early bird discount if you register and paid on or before 31 December 2014.
HRDF claimable ** Subject to employer’s application to PSMB. As at tme of publication of this brochure HRDF limit the amount claimable per participant to RM1,300 per participant per day.
Choose the right rate for you.
1 - 2 pax 3- 4 pax 5 & more
Register
RM 3,480
By registering three or more participants on or before 31 Dec 2014
enjoy RM 600 off
With additional RM 100 offfor group registration of 3 - 4 participant.
Here’s how the math works :RM 3,980 - RM 500 Early bird discount -RM 100 group registration discount
= RM3,380.
* * * * *
By registering one or two more participants on or before 31 Dec 2014
enjoy RM 500 off
Here’s how the math works :RM 3,980 - RM 500 Early bird discount
= RM3,480.
* * * * *
Register
RM 3,380
By registering five or more participants on or before 31 Dec 2014
enjoy RM 700 off
With additional RM 100 offfor group registration of 5 or more participant.
Here’s how the math works :RM 3,980 - RM 500 Early bird discount -RM 200 group registration discount
= RM3,280.
* * * * *
Register
RM 3,280(NP : RM 3,980) (NP : RM 3,880 ) (NP : RM 3,780)
SPECIAL COMMERICAL DISCOUNT ?
Commercial companies ^^ enjoys
additional special discount of
RM 300 off the seminar fee
(Fee stated above is after discount) .
^^ Commercial companies refer to
any company other than
professional firms such as
auditor, tax agent,
accounting consultant)
GROUP REGISTRATION DISCOUNT OF RM100 AND RM200 RESPECTIVELY ARE APPLICABLE FOR GROUP REGISTRATION
IDEAS ARE THE BEGINING POINTS OF ALL FORTUNES.
GST IDEA IS THE BEGINING POINTS OF GREAT BUSINESS TAX SAVING AND RISK MANAGEMENT.
Do contact us for any clarification.
ALOFT KL SENTRAL HOTEL, KUALA LUMPUR
Stylishly located within Kuala Lumpur, Aloft KL Sentral is located next to the newest shopping mall Nu Sentral.
Only a few steps away from the Kuala Lumpur Sentral Station, easily accessible vide LRT, KTM, monorail and KLIA Express. Also with ample parking space.
No 5 Jalan Stesen Sentral · Kuala Lumpur, 50470 ·
GST FOR PRACTITIONER : COMPLETE GUIDE ON GST AND SOLUTIONS TO HIGHLY CONTENTIOUS ISSUES
REF: 20141222TLL
Participant 1
Name (Mr / Mrs / Ms)
Designation
Billing to
Company
Address
Tel
Contact Person
Remark
Participant 2
Name (Mr / Mrs / Ms)
Designation
Particiant 3
Name (Mr / Mrs / Ms)
Designation
Participant 4
Name (Mr / Mrs / Ms)
Designation
Participant 5
Name (Mr / Mrs / Ms)
Designation
Email Please make payment to :"SYNERGY TAS" ( Maybank : 5141 7863 3603 ) either through bank transfer or bank in cheque.
Most important GST tax planning event.
Live Event
Date 26 & 27 January 2015
Time9.00 AM to 7.00 PM
20 CPD
LocationAloft Kuala Lumpur Sentral
1 - 2 Participant(s)
3 - 4 Participants
5 or More Participants
Fee based on number of registered participant.
Tick to indicate your category of fee.
RM3,480 per person (RM 3,980 - RM 500 Early bird discount = RM3,480)
RM 3,280 per participant (RM 3,980 - RM 500 Early bird discount - RM 200 group discount = RM3,320)
RM 3,380 per participant (RM 3,980 - RM 500 Early bird discount - RM 100 group discount = RM3,380)
* Price quted is valid unti 31 December 2014
http://www.synergytas.com/gstpractitioner
Register online by using the following link :
Terms and Conditions | Cancellation Policy: No refund will be made after payment is made. If the registered participant is unable to attend, a substitute delegate is allowed at no extra charge. However, should there be a request to change the name printed on the certificate of attendance to that other than that shown on the registration form, RM 100 extra will be charged as reprinting service charge. The organiser reserves the right to refuse service. The organiser reserve the right to change event date and venue, with notice being sent vide the email registered above. | *HRDF Claimable : is subject to approval by PSMB . | You may not, without our prior written permission, frame or inline link any of the content of this brochure, or incorporate it into another website or other service any of our material, content or intellectual property. Copyright (C) 2014 Synergy TAS, Synergy TAS PLT.
Email : event@synergytas.com
Simple way to register
Just scan this form and email to register for seat/s. Thereafter upon payment, please scan and email the deposit slip to event@synergytas.com .