Brochure GST Practitioner (Auditor, Tax Agent, Company Secretary & Corporate Lawyers) 26&27 January

SYNERGY TAS

GST

SOLUT ION

26 & 27 JANUARY 2015 TAX AGENT, COMPANY GST FOR PRACTITIONER (AUDITOR, SECRETARY & CORPORATE LAWYERS) : COMPLETE GUIDE ON GST AND SOLUTIONS TO HIGHLY CONTENTIOUS ISSUES

SPEAKER | DR CHOONG KWAI FATT | HRDF CLAIMABLE * | 20 CPD |

STAGE 1 : TEXTBOOK KNOWLEDGE ON GST

STAGE 2 : AWARE OF PRACTICAL IMPLEMENTATION CHALLENGES

STAGE 3 : COMPLETE SOLUTIONS TO GST ISSUES

GST SOLUTION

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 certiďŹ cate 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 SOLUTIONS 26 , 27 JAN 2015 | ALOFT (KL SENTRAL) , KUALA LUMPUR

“

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 STAY AHEAD OF THE CROWD

INTRODUCTION

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.

GST : NOT A BED OF ROSES

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.

SPEAKER’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.

Submit TWO Contentious issues

Participants 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.

DR CHOONG KWAI FATT 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)

THE COURSE CONTENT INCLUDES BUT NOT LIMITED TO THE FOLLOWING:

DAY ONE (26 JAN 2015) GST CHALLENGE 1| Time of Supply

+ : Manufacturing PROBLEM AND SOLUTIONS BASED WORKSHOP 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.

: Trading : Services industries GST CHALLENGE 2| Market Value

+ Correct methodology to its quantification GST CHALLENGE 3| Submission of GST Return

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

GST CHALLENGE 4| Tax Invoice & Procedures

+ Get the types of invoice right + Samples + Duty fee : Additional care dealing

+ Sample, Warranty + Demo + Staffs + Lost + Damages + Abandoned + The deemed supply issues + Stock discrepancies Parts of stocks used in works GST CHALLENGE 7 | Commission Income

+ Extend of GST responsibility + Self billing : hiccups + Cross border commission income GST CHALLENGE 8| Investment Holding Company

+ Management fees : Not as simple as it seems

with Labuan, Tioman & Langkawi GST CHALLENGE 5| Tough Question on Employees Benefits

Malaysia’s GST Issues

GST CHALLENGE 6| Complicated Stock Quantification and Its Challenges

+ + + +

Goods Services Gift Trading stock sold to employees – market value + Reimbursement of official used expenses

GST CHALLENGE 9| Hidden Risk on Selection of Mode of Registration

+ Group registration : a final analysis and its applications + Branch / division registration

= Hot topic

TWO BURNING QUESTIONS

2 contentious Participants are invited to submit tailor made issues to be incorporated into this alternatives or seminar to bring home solutions, ement to exisiting suggestions to revamp and improv GST approach. working days before Do submit your questions by 10 rated into the seminar. seminar date for it to be incorpo

DAY TWO (27 JAN 2015) GST CHALLENGE 10 | Manufacturing

+ Import / Export issues + Lucky draws + Promotional schemes + Sales related incentives + Reimbursement of warranty items + Tied in goods, vouchers : the risk attached

+ Tax invoice + Mechanism + 0%, exempt included GST CHALLENGE 11 | Trading

+ Consignment issues + Coupon, vouchers + Promotional vouchers GST CHALLENGE 12| Services

+ Time of supply and computer

GST CHALLENGE 14| Legality Surrounding Meaning and Scope of Supply

+ + + +

Exempt supply Zero rated supply Export goods Export services / international services

GST CHALLENGE 15| Billing Concerns

+ The usage of tax invoices and credit notes + Bad debts + GST and income tax relationship + Eligibility to claim + Journal entries + Advances & deposits + Scope and coverage + Journal entry + Redemption treatment + Impact of reverse charge mechanism

environment for GST GST CHALLENGE 16| Problem with Directors Fees GST CHALLENGE 13| Payment on Behalf / + Compliance or non-compliance Shared Expenses / Out of Pocket Expenses + Input tax on directors on petrol, parking, + Disbursement procedures + entertainment expenses + Tax invoice format & description + Transport charges + Stamp duty, postage GST CHALLENGE 17| Complicated Rental Income + Advertisement + Commercial property : scope and types + Problem on centralised payment and + GST impact and assessment allocation issues + Register or not to register? + RPGT, income tax, GST relationship on commercial property + Holding on property (individual / company) + Recovery of expenses from tenants

+ SPA + Utilities + Sewerage + Advance rental treatment

ADDITIONAL CONTENT WHICH ADD VALUE TO CLIENT HOT CONTENT 1| Appeal to Director General & Tribunal

+ Practical guidance + A walk through procedures + Practical guidance on appeal to RMC officer, the DG HOT CONTENT 2| Advance Ruling

+ Practical guidance and do & don’t HOT CONTENT 3| Transitional Issues

+ Trading stocks, special sales tax refund procedures HOT CONTENT 4| Contractual Nitty Gritty

+ Continuing contract + Non reviewable contract with zero rated + Suggested GST clause for current contract and future contracts + Contract price GST inclusive HOT CONTENT 5| Contentious Issues on Disposing Assets Acquired Before 1.4.2015

+ Factory, shophouse + Plant, machinery GST CHALLENGE 18 | Computer talk

+ A final look into software needs GST CHALLENGE 19 | Insurance

+ Types of insurance eligible for input tax GST CHALLENGE 20 | Manage the Creditors

+ Intercompany balances + Unpaid creditors 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.

Presenting the GST SOLUTIONS.

ATTEND THIS IF YOU ARE : Who should attend this seminar Majority of the attendee of this seminar will consist of :

+ + + + + +

Auditors (External and internal) Tax Agents Company Secretaries GST consultants Corporate lawyers In house advisors / corporate advisor

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.

PROGRAMME TIMELINE 20 CPD The estimated timeline for GST solutions

DAY ONE (26 JAN 2015)

DAY TWO (27 JAN 2015)

8.30 AM

REGISTRATION & BREAKFAST 8.30 AM (BREAKFAST PROVIDED)

9.00 AM

GST CHALLENGE 1 - 2

9.00 AM

GST CHALLENGE 10 - 14

10.15 AM

BREAK (SNACKS PROVIDED)

10.15 AM

BREAK (SNACKS PROVIDED)

10.30 AM

GST CHALLENGE 3 - 4

10.30 AM

GST CHALLENGE 15 - 17

12.30 PM

LUNCH (MEAL PROVIDED)

12.30 PM

LUNCH (MEAL PROVIDED)

1.30 PM

GST CHALLENGE 5 - 7

1.30 PM

GST CHALLENGE 18 - 20

3.00 PM

BREAK (SNACKS PROVIDED)

3.00 PM

BREAK (SNACKS PROVIDED)

3.15 PM

GST CHALLENGE 8 - 9

3.15 PM

HOT CONTENT 1 - 5

5.00 PM

Q & A Session

5.00 PM

Q & A Session

7.00 PM

End of live event

7.00 PM

REGISTRATION & BREAKFAST (BREAKFAST PROVIDED)

You will like this seminar if You are looking for a seminar which :

+ Does not just focus on theory, but also incorporates + + + + + + + + + +

practical application and implementation issues of GST Speaker will also provide the source material for referencing Practical checklist and flowcharts are prepared to facilitate comprehension and training of your staff Provide pracitical solutions and also alternative to conventional solutions to GST issues The highly sought answer on risk, caution, and how to approach audit of stocks Areas of care and concern when you perform audit of consignment stock Procedure and level of care needed to appeal against a GST return Method to obtain Advanced Rulling Further consideration on transitional issue In need of guidance on how to restructure existing and future contract GST treatment on disposal of asset.

You will like this seminar if you are :

+

You are looking for a seminar which :

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

+ Frustrated by unproductive meeting and misaligned GST implementation

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

+ Continuously surprised by the endless issues discovered during GST implementation

+ Fear of impact of GST implementation on other taxation in the company

+ Uncertain as to the appropriate interpretation and puzzled as to the correct ground to take

+ Extensive GST solution by a practitioner for a practioners End of live event

Note : Speaker is committed to high quality of presentation. The above schedue is for reference only. The schedule may be altered without prior notice.

PRICING

Register online by using the following link :

Choose the right rate for you.

http://www.synergytas.com/gstpractitioner

Want to attend the seminar at its lowest price ?

Register in group of 3 or more participants in one registration to get additional discount.

GROUP REGISTRATION DISCOUNT OF APPLICABLE FOR GROUP REGISTRATION

Enjoy early bird discount if you register and paid on or before 15 January 2014.

3- 4 pax

1 - 2 pax

RM100 AND RM200 RESPECTIVELY ARE

5 & more

RM 3,480

RM 3,380

RM 3,280

(NP : RM 3,980)

(NP : RM 3,880 )

(NP : RM 3,780)

Register

Register

Register

By registering one or two more participants on or before 31 Dec 2014

By registering three or more participants on or before 31 Dec 2014

By registering five or more participants on or before 31 Dec 2014

enjoy RM 500 off

enjoy RM 600 off

enjoy RM 700 off

Here’s how the math works : RM 3,980 - RM 500 Early bird discount = RM3,480.

With additional RM 100 off for group registration of 3 - 4 participant.

With additional RM 100 off for group registration of 5 or more participant.

Here’s how the math works : RM 3,980 - RM 500 Early bird discount -RM 100 group registration discount = RM3,380.

Here’s how the math works : RM 3,980 - RM 500 Early bird discount -RM 200 group registration discount = RM3,280.

*****

*****

*****

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.

VENUE

ALOFT KL SENTRAL HOTEL, KUALA LUMPUR Stylishly located within Kuala Lumpur, Aloft KL Sentral is located next to the newest shopping mall Nu Sentral.

No 5 Jalan Stesen Sentral · Kuala Lumpur, 50470 ·

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.

Do contact us for any clarification.

SYNERGY TAS Suite 153, PG-15A, Ground Floor, Jaya 33 No. 3, Jalan Semangat, Section 13 46100 Petaling Jaya, Selangor (016) 302 6109 ; (016) 328 6312 event@synergytas.com

IDEAS ARE THE BEGINNING POINTS OF ALL FORTUNES. GST IDEA IS THE BEGINNING POINTS OF GREAT BUSINESS TAX SAVING AND RISK MANAGEMENT.

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

Register online by using the following link : http://www.synergytas.com/gstpractitioner

Fee based on number of registered participant. * Price quted is valid unti 31 December 2014

Tick

to indicate your category of fee.

1 - 2 Participant(s)

Most important GST tax planning event.

RM3,480 per person (RM 3,980 - RM 500 Early bird discount = RM3,480)

Participant 1

3 - 4 Participants RM 3,380 per participant

Name (Mr / Mrs / Ms)

(RM 3,980 - RM 500 Early bird discount - RM 100 group discount = RM3,380)

5 or More Participants

Designation

RM 3,280 per participant (RM 3,980 - RM 500 Early bird discount - RM 200 group discount = RM3,320)

Email

Live Event

Participant 2 Name (Mr / Mrs / Ms)

20 CPD

Date

26 & 27 January 2015

Time

Designation

9.00 AM to 7.00 PM

Email

Location

Aloft Kuala Lumpur Sentral

Particiant 3 Name (Mr / Mrs / Ms)

Simple way to register Email : event@synergytas.com

Designation Email

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 .

Billing to Participant 4

Company

Name (Mr / Mrs / Ms) Address Designation Email Participant 5 Name (Mr / Mrs / Ms)

Tel Contact Person Email Remark

Designation Email

Please make payment to : "SYNERGY TAS" ( Maybank : 5141 7863 3603 ) either through bank transfer or bank in cheque.

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 certiďŹ cate 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.

REF: 20141222TLL