Our Program

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GST ON SPECIFIC TOPICS

Date : 12th January 2016
Venue : Armada Hotel, Petaling Jaya
Speaker : Mr. Goh Kean Hoe & Mr. Chai Yee Hoi

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As a GST registered person, your responsibilities, inter-alia, include :

  • Charging and Accounting for GST
  • Issuing proper tax invoices
  • Filing of GST Return and payment of GST on a timely basis

The businesses can claim input tax subject to satisfying the conditions as laid down by the Customs.

This seminar focus on 4 areas that common mistakes are made due to lack of clarity of rules as well as the lack of GST knowledge of the businesses.

Zero-rating of certain international services : The concept of ‘belonging’, ‘ directly in connection with’ and ‘directly benefitting’ are somewhat intuitive resulting in uncertainty of application in real life situation.

Reimbursements And Disbursements : No comprehensive guide has been issued by the Customs, leading to many uncertainties in the application. Is it true that all reimbursements are subject to GST?

Employee benefits : Many questions still arise on what input tax can be claimed and what output tax to be charged or if it is a ‘deemed supply’.

Input tax claims : Such claims are not automatic but subject to conditions. Any over claim of input tax will likely attract penalties. It is thus important to know what can be claimed and cannot be claimed.

In this seminar, the speaker will explain the laws and principles behind and the treatment in different scenarios based on Customs’ guide and practice of other country (where there is no clear guide by the Authority). Participants can expect to have better knowledge and information to manage their GST compliance and planning to avoid potentially costly mistakes in the GST Return.

  • Accountants and accounting & finance personnels
  • Tax agents and taxation staffs
  • Auditors and auditing staffs
  • Company administrators
  • Business owners and managers

Part 1: Zero-rating of certain international services

  • What type of general services relating to persons, land and goods outside of Malaysia may be zero-rated?
  • What are the conditions to be met?
  • Examining the concept of ‘belonging’, ‘directly benefit’ and ‘directly in connection with’
  • When Exempt Supply meets Zero-rating Rule : What is the treatment?
  • Documentation to support zero-rating treatment

Part 2: Fringe benefits to employees

  • What are considered fringe benefits and who are excluded?
  • What input tax can be claimed and what cannot?
  • What type of benefits are deemed supply and GST need to be accounted for and what are excluded?

Part 3: Reimbursements and Disbursements

  • Principal vs Agent
  • How to differentiate Reimbursements from Disbursements?
  • What is the GST treatment on Reimbursements and Disbursements?
  • Are all Reimbursements subject to GST?
  • Input tax rules for Reimbursement and Disbursement
  • Review of DG Decisions and various examples of different treatment

Part 4: Input tax claims

  • Definition and conditions for claiming input tax credit - A review
  • Input tax that cannot or may not be claimed :
    • Non business expenses
    • Blocked input tax
    • Documentation for claiming of input tax credits - Invalid tax invoices or import documents (including those not in company’s name)
  • Application of the De Minimis Rule
  • Input tax for relief supplies and certain exempt supplies
  • Timing of claiming input tax – 6 months and 6 years rules
  • Pre-registration input tax

Chai Yee Hoi, a founder of a GST Academy in Singapore, has more than 20 years of GST experience having worked with an international accounting firm in Singapore for 5 years as well as the Inland Revenue authority of Singapore ["IRAS”] for 8 years. He has been heavily involved in complex GST related issues and project management of large scale GST assignments such as GST reviews, advisory and research work on the GST treatment of business transactions. During his tenure at IRAS, Yee Hoi worked exclusively on the implementation of GST in Singapore. He was involved in developing papers and presentations on both general awareness issues and specific issues for various industries. He provided insights on the effects of the introduction of GST on business and the commercial issues which arise.

Yee Hoi is a regular speaker at GST seminars and workshops in Singapore and Malaysia. He is a fellow of the Association of Chartered Certified Accountants and the Institute of Public Accountants, Australia. He is also a non-practicing member of the Institute of Singapore Chartered Accountants and an Accredited GST Advisor of the Singapore Institute of Accredited Tax Professionals.

Goh Kean Hoe is an approved company auditor and a licensed tax agent with past and present clients that include PLCs, MNCs, SMEs, and entrepreneurs. Previously an audit manager with a Big Four Accounting Firm and a company financial controller, he has wide exposure in many elds over the past 20 years including the property sector and international assignments. His biggest strength is his technical knowledge and analytical skill. He has published articles on deferred taxation and property development accounting in the national journal and newspapers.

Kean Hoe holds a Bachelor of Accounting from the University of Malaya. He is a member of MIA, MICPA and CTIM and was involved in working groups and task forces of both MIA and MICPA. He was the Honorary Treasurer of Malaysia Economic Association (MEA) and a trustee for its foundation for 6 years. He has conducted numerous seminars and workshops on nancial and accounting related subjects.

In preparing for GST implementation in Malaysia, Kean Hoe has been working closely with GST Academy Singapore since 2010 to develop GST training programmes for Malaysia and to provide GST consulting services. He has successfully completed the 10 day course conducted by the Royal Customs of Malaysia for GST consultants and agents and is an approved GST tax agent licensed by MOF. He was involved in a number of GST implementation projects in 2014/2015 and is currently a GST consultant to a few companies.

Seminar Particular

Organisation Particular

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Payment Particular

Note :

  • All payment shall be made to Globalacc Research & Training Sdn Bhd.
  • Advanced payment is required to secure the seats.

You may bank-in the cheque or transfer to our bank account as follows:

Banker : Public Bank Berhad

Account No. : 313 968 4822

Please email the bank-in slip / transaction slip to globalaccrt@gmail.com for our record and reference in order for us to issue an official receipt.



Notes :

  • Registration will be accepted subject to availability of seats on first come first served basis and receipt of payment in advance.
  • Confirmation of registration and Tax Invoice will be issued in due course.
  • The organizer reserves the right to cancel the event and any payment made shall be refunded in full if the event is subsequently cancelled.
  • Certificate of Attendance will be issued. CPE hour for members of professional bodies is subject to verification and approval of the respective bodies.
  • Application to HRDF for claims is subject to approval by the relevant authority.

Regular Rate
Early Bird #
Members of Strategic Partners RM 805.60
RM 710.20
GlobalAcc Corporate Members RM 837.40
RM 742.00
Non Members RM 879.80
RM 784.40
  • # Early bird rate apply to registration received 10 day before event date or earlier
  • 5% discount for same organization registering for more than 3 seats in total
  • Seminar fee includes seminar hand-outs, lunch and two refreshments