Events

GST-registered businesses are beginning to realise that there are potential risks in every transaction due to incorrect GST treatment. However, many still harbour common misconceptions about GST compliance and GST audits, and are unaware that the IRAS has provisions to allow businesses to correct mistakes with lower or no penalties when errors are discovered.

This workshop aims to address the above and equip businesses with the knowledge to better manage GST risk and compliance.

Outline
Facilitators from our GST team will share:

• The common myths about GST compliance
• How to handle an IRAS GST audit
• Ways to manage and improve GST risk
• Voluntary disclosure programmes available
• Recent GST developments, including the Assisted Compliance Assurance Programme (ACAP) and Assisted Self-Help Kit (ASK)

About the facilitators

Richard Ong, head of GST unit, is the key facilitator of this workshop.
He has more than 12 years of experience in GST with the IRAS,
Deloitte, and United Test and Assembly Center Ltd (UTAC).

This diverse background with the tax authority, professional and commercial firms allows him to share with you from a balanced
view and approach towards GST risk management and compliance.

He will be supported by managers of the GST unit.