With the increase in the GST rate to 7%  with effect from1 July 2007, you will appreciate that the IRAS will place greater emphasis on GST compliance by GST registered traders who are effectively collecting GST on their behalf. You can also expect the IRAS to step-up on both their "desk-top" audits and "field" audits.
  
You should consider how your staff currently prepares the GST returns. If they have been completing the GST returns based on an approach adopted years ago without fully understanding the underlying basis, they will benefit from attending our GST Workshop. 

Topics covered will include:

• Common GST errors 
• Reasonableness of GST treatment
• Timing of accounting for output and input tax
• GST documentation - GST Mapping / GST Manual
• Framework for managing and reviewing GST return documents
  

Targeted participants
Financial managers, accountants and accounting staff involved in the preparation of the GST returns