Home >
New Releases >
Taxation >
Singapore GST Compliance Handbook (6th Edition)

Singapore GST Compliance Handbook (6th Edition)

Author: Deloitte Touche Tohmatsu
Publisher: CCH Singapore
ISBN: 9789814838276
Published In: August 2021
Format: Paperback , 449 pages
Jurisdiction: Singapore ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: HKD 1,040.00

HKD 1,008.80 Save HKD 31.20 (3%)

Download Order Form

Add to Wishlist
| Add to Compare

Description
Contents

Details
Due to globalisation, businesses have a wider variety of supply chain arrangements and broader customer bases, both overseas and locally. Similarly, the GST rules and regulations in Singapore are being updated along the way as a result of these changes in business and technological environment. The application of GST rules and regulations may not be as straightforward as before and therefore businesses should adopt a proactive stance when it comes to managing their GST compliance. As GST is a transactional-based tax, one simple mistake could be replicated across multiple transactions which could result in costly tax exposures and penalties.

The 6th edition of the Singapore GST Compliance Handbook was designed to make it easy and quick for you to find the information you need. The text is copiously supplemented by examples, tables, illustrations and references to the relevant legislation and IRAS guidelines. All GST changes made since the publication of the 5th edition including changes effected by the various GST rules, regulations and orders issued by the government and e-Tax Guides issued by the IRAS have been incorporated into this edition. Whether your business is GST-registered or you are considering registering it for potential benefits, within these pages lie all the answers you need.

The book provides a clear guidance on the rules, law and practice governing GST in Singapore. Besides systematically explaining the principles, the book also covers GST schemes that are available for companies.

The law in this book stands as at 26 February 2021.

Key Features

This book is meant to be a handy reference guide on GST compliance issues. Its purpose is to help readers to:
- understand fundamental GST concepts
- learn about the approaches and underlying basis for completing GST returns
- avoid common pitfalls in complying with GST.
Topics Covered
- Features and checklists
- Outline of goods and services tax
- Supply, time, place and value
- Input tax and output tax
- Exempt supplies
- Partial exemption
- Zero-rated supplies
- Imports of goods
- Imports of services — “reverse charge” scheme
- Margin scheme
- Bad debt relief
- Special cases
- Other specific cases
- Accounting for goods and services tax
- Managing of compliance for goods and services tax
- Invoices and records
- Returns and payment of tax
- Offences and penalties