Are You Ready For The Implementation
Of Malaysia’s GST?
(24th March 2015 | Concorde Hotel, Singapore | 9:00am – 5:00pm)
How will GST affect my business?
Malaysia has announced to implement a goods and services tax (GST) to take effect on April 1, 2015. The GST will replace
the existing sales tax and services tax. The GST rate will be set at 6%, but many basic food and fuel items and other
essential services will be exempted. Companies with operations or business dealings in Malaysia will be impacted by this.
It is also important to note that the GST regime in Malaysia is different from Singapore.
An important question that you need to ask yourself now, is your business GST ready?
• Avoid costly error and negative consequences
• Heavy penalties and fines for non-compliance
• Inefficient handling of upgrading the accounting and recording system
• Potential cash flow implications once GST is implemented
Comprehensive Understanding of Malaysia’s GST Model by GST Expert Andre Lim
This is a comprehensive course for business professionals to know what to do to get ready for the implementation of
Malaysia’s GST. It is designed for practical application and easy learning to minimize the risk during the transitional period.
8 MUST KNOW answers to GST Malaysia for ALL BUSINESSES
1. What is Malaysia GST?
2. What does GST apply to?
3. Who will be affected?
4. Where to locate the Complete GST Checklist?
5. How to implement GST cash flow and tax planning?
6. What is the impact on other taxes and Special Schemes?
7. What Must you do to get ready – Do’s and Don’ts of GST planning?
8. What type of government assistance will be available to ease the impact of GST?
Andre Lim, Accredited Tax Practitioner (GST)
Formerly an Inland Revenue Authority of Singapore (IRAS) Senior Tax Officer, Andre has
gathered more than 6 years of valuable experience from IRAS that includes dealing with
general and complex GST issues. He has conducted more than 200 GST workshops and
seminars, training over 5,000 participants with many prestigious organisations that include
Accounting & Corporate Regulatory (ACRA), Singapore National Employers’ Federation
(SNEF), Singapore Business Federation (SBF), Singapore Manufacturers’ Federation (SMa), Dun
& Bradstreet, Enterprise Promotion Centre and Singapore Chinese Chamber Of Commerce &
Industry (SCCCI)
Understand the complexities and challenges of the upcoming
GST implementation in Malaysia and How to Avoid Costly Mistakes
Key Takeaways – A Step by Step Guide on How to Prepare for GST Malaysia
• Understand the key difference between Singapore GST and Malaysia GST
• Simple but effective techniques to ease and shorten the GST implementation process
• Learn how to minimize costs, financial risks and penalty during the transitional period
• Important insights into key areas of concern and critical GST issues
• Practical knowledge on how to complete and submit the GST returns form and registration for Special GST Schemes
Note: Optional customized support after the training to boost your execution is available through our customized business
consultancy services.
Who Should Attend
Company directors, business owners, accountants, finance and audit professionals, tax practitioners lawyers, business
consultants and auditors.
Program Content
• Sales & Services Tax
• Exports
• GST Registration
• International Services
• GST Submission
• Reimbursement vs Disbursement
• Overview & Basic Concepts of GST
• Absorption of GST
• Types of Supply
• Price Displays
• Output Tax vs Input Tax
• Open Market Value
• GST Transitional Rules
• Disposal of Business Assets
• Time of Supply
• Discount vs Rebate
• Full Tax Invoices, Simplified Tax Invoices & Receipts
• Sponsorship
• Foreign Currency Invoice
• Free Samples
• Credit Notes & Debit Notes
• Deposits & Down Payment
• Claiming of Input Tax
• Penalties & Interest
• Bad Debt Relief
• Entertainment & Office Expenses
• Disallowed Input Tax
• Incidental Expenses
• Employee Benefits
• Record Keeping
• Gifts
• Completing the GST-03 Return Form
• Imports
“Andre is clear and concise. He also shared his
wealth of experience to help us understand
the subject better. Thank you for the awesome
sharing!” Ms Jasmine Loo,
Mandom Corporation (S) Pte Ltd
“Information given is very comprehensive,
complete and easy to comprehend. Very
detailed and informative, particularly to those
without accounting and finance background.
This course is definitely highly recommended!”
Ms Susie Ong,
Vopak Terminals Singapore Pte Ltd
Save 60% or up to 400% Tax Rebate via the Productivity and Innovation (PIC) Scheme:
The PIC scheme supports investments in innovation and productivity improvements. Registered Singaporean
Businesses can enjoy huge tax savings in the form of cash payouts and/or tax deductions when they invest in
training of employees. Attend any of our programs and enjoy PIC credits, either as a 60% cash refund or 400%
tax deduction. For more information, visit http://www.iras.gov.sg/irashome/picredit.aspx
Are You Ready For The Implementation Of Malaysia’s Gst?
Date: 24th March 2015 (Tuesday)
Venue: 100 Orchard Road, Concorde Hotel Singapore
Time: 9.00 am to 5.00 pm
Contact Us:
Ms Kathleen Lim
Asia Pacific International Academy
100 Orchard Road, Concorde Hotel, #04-100, Singapore 238840
• Tel: +65 6720 3333
• Fax: +65 6720 2222
• Email: [email protected]
• Website: www.ftacademy.com.sg
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Investment Fee
S$900 per delegate
S$ 360 After PIC Grant of 60%
Payment Methods
• By Cheque (For Local Participants Only)
• By Bank Transfer
• By E-Invoice Sub Bu No.
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Terms and Conditions:
• Registration will only be confirmed upon receipt of the registration form and full payment.
• All cancellation will carry a SGD 200.00 administration fee.
• No refund can be made for cancellation less than 14 days prior to the event date.
• Financial Training Academy, reserves the right to cancel or postpone the course/ seminar due to unforeseen circumstances and also
the right to reject any registration. A full refund of the course/seminar fee will be made to you.