GST Workshop on Accounting & Implementation on Business

GST Workshop on Accounting & Implementation on Business (English Version) organized by Pinnacle Skills Hub and supported by SMA will be held as follows:

Date: 10 March 2015 (Tuesday)

Time: 9:00am – 5:00pm

Venue: Imperial Hotel Kuching

Workshop Fee: RM380 per pax

(RM350 per pax for Sarawak Manufacturers’ Association Members)

(RM330 per pax for 3 or more registrants from same company)

(Inclusive of course materials, certificate, lunch and two tea breaks)

Interested please register by e-mail or fax your NAME, DESIGNATION, COMPANY NAME, TEL NO, FAX NO, H/P NO, E-MAIL with BANK IN SLIP to SMA by 5 March 2015.

Please bank in your registration fee to SMA A/C at Hong Leong Bank (HLB), A/C No: 01600200340.

Cash / Cheque made payable to Sarawak Manufacturers’ Association.

For further inquiries, please contact Mr. Yeo Eng Hock
Tel: 082-244682 (SMA Office Hours: 1.30 pm till 4.30 pm)
Fax: 082-248923
E-mail: sma@smasarawak.com.my

Programme

8.30 am: Registration

9.00 am: Topic 1: Overview of GST
- What is GST?
- Proposed model of GST in Malaysia
- Place of supply
- Value of supply
- Time of supply
- Registration for GST
- GST taxable period
- Submission of GST return

10.30am: Morning Refreshment

10.45 am: Topic 2: GST and Accounting Related Issues
- What is output tax / input tax and Gift rules?
- Journal entries on input tax and output tax
- Accounting for deemed supply
- Proper invoice format
- Blocked input tax & Apportionment of input tax
- Accounting for residual input tax
- De Minimis rule & Adjustments on GST
- Accounting for credit note and debit note

12.30 pm: Networking Lunch

1.30 pm: Topic 3: Getting Prepared for GST
- Supplies spanning GST & Continuous supply
- Treatment on non-reviewable contract
- Special refund & Bad debt relief
- Accounting for bad debt relief
- Employee benefits
- Claims or reimbursement by employees
- Gift to employees
- Advance payment or deposit received
- Imported services & Accounting

3.00 pm: Afternoon Refreshment

Topic 4: Penalties and Fines
- GST return & Record keeping
- GST summary sheet
- GST offence & GST evasion

Topic 5: Implication of GST on Business
- Preparatory work to GST
- Areas affected upon implementation of GST
- GST tax codes

5.00 pm End of Workshop

Speaker
Mr. Zen Chow graduated from Monash University with a Bachelor of Business and Commerce – double major in Accounting & Bank¬ing and Finance after spending a year in Melbourne, Australia. Mr. Zen Chow has been in the taxation industry since year 2005. He now holds the position of Executive Director as well as the head of tax department in K K Chow Tax Services Sdn Bhd. He specialises in both direct and indirect Malaysian taxation. He has been involved in the tax compliance and tax advisory works for various indus¬tries ranging from agriculture, franchisor/licensor, investment holding, investment dealing, forestation, manufacturing, education, trading (retail & business services), foundation, association and trade union.He is a Chartered Accountant by profession after admis¬sion as a qualified member of the Malaysian Institute of Accountants. He also became an associate member of the Chartered Tax Institute of Malaysia (CTIM). He is currently a member of the Continuing Professional Development (CPD) committee in the CTIM.

He has been giving tax related talks to the public and involved in tax seminars such as budget talk, tax updates seminar, etc. He is also a qualified consultant and trainer on Goods and Services Tax (GST) for various companies, organisations an associations. He is now a GST Tax Agent under Section 170 of the GST Act 2014 as approved by the MoF.

Confirmation of Registration
The confirmation e-mail will be issued FIVE (5) days before the commencement of the event. In the event you do not receive the confirmation letter, please contact us immediately. Cancellation No cancellation of registration is allowed but a replacement can be arranged at no extra charge Disclaimer. The Organiser reserves the right to change the date and venue or to cancel the event if the minimum number of participants is not met a minimum of three (3) days’ notice will be given.

Posted Date: 27 Feb 2015