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.

SYNERGY TAS

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

“

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GST is transaction based, its treatment varies based on circumstances and nature of business, Malaysia 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

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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

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Extend of GST responsibility Self billing : hiccupsCross border commission income

GST CHALLENGE 7 | Commission Income

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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

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GoodsServicesGiftTrading stock sold to employees – market valueReimbursement of official used expenses

GST CHALLENGE 5| Tough Question on Employees Benefits

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GET BEST PRACTICES AND CHECKLIST ON GST COMPLIANCE (HOT RESOURCE).

GST CHALLENGE 4| Tax Invoice & Procedures

= Hot topic

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Sample, WarrantyDemoStaffsLostDamagesAbandonedThe deemed supply issuesStock discrepanciesParts of stocks used in works

GST CHALLENGE 6| Complicated Stock Quantification and Its Challenges

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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)

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The content above is not exhaustive.

Additional content relevant to GST for Practitioner will be added based on latest changes and questions submitted by participants.

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 seminarYou 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)

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Does not just focus on theory, but also incorporates practical application and implementation issues of GSTSpeaker will also provide the source material for referencingPractical checklist and flowcharts are prepared to facilitate comprehension and training of your staffProvide pracitical solutions and also alternative to conventional solutions to GST issuesThe highly sought answer on risk, caution, and how to approach audit of stocks Areas of care and concern when you perform audit of consignment stockProcedure and level of care needed to appeal against a GST returnMethod to obtain Advanced RullingFurther consideration on transitional issueIn need of guidance on how to restructure existing and future contract GST treatment on disposal of asset.

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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.

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+20 CPD

Bogged down by endless discussion on issues, with lack productive solution on GST technical concerns

Frustrated by unproductive meeting and misaligned GST implementation

You are looking for a seminar which :

You will like this seminar if you are :

Continuously surprised by the endless issues discovered during GST implementationFear of impact of GST implementation on other taxation in the companyUncertain as to the appropriate interpretation and puzzled as to the correct ground to take

Specialiy created for practitioners, regardless of whether you are currently involved in GST implementation or otherwiseFocus on providing solution to GST issues Latest and most up to date approachInclusive of tax planning strategies and value added advice specifically to add value to client

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Extensive GST solution by a practitioner for a practioners+

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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 15 January 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)

GROUP REGISTRATION DISCOUNT OF RM100 AND RM200 RESPECTIVELY ARE APPLICABLE FOR GROUP REGISTRATION

IDEAS ARE THE BEGINNING POINTS OF ALL FORTUNES.

GST IDEA IS THE BEGINNING 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 ·

Continuously surprised by the endless issues discovered during GST implementationFear of impact of GST implementation on other taxation in the companyUncertain as to the appropriate interpretation and puzzled as to the correct ground to take

GST FOR PRACTITIONER : COMPLETE GUIDE ON GST AND SOLUTIONS TO HIGHLY CONTENTIOUS ISSUES

REF: 20141222TLL

Participant 1

Name (Mr / Mrs / Ms)

Designation

Email

Billing to

Company

Address

Tel

Contact Person

Email

Remark

Participant 2

Name (Mr / Mrs / Ms)

Designation

Email

Particiant 3

Name (Mr / Mrs / Ms)

Designation

Email

Participant 4

Name (Mr / Mrs / Ms)

Designation

Email

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 .