IRAS Year End Reporting

This one-day workshop aims to strengthen your understanding of IRAS' regulations and how best to comply with tax obligations when filing employees' earnings so as to avoid unnecessary penalties. At this workshop, we will review critical compliances which companies tend to overlook and the documentation necessary to avoid errors in year-end reporting.


Upon completion of this workshop, you will have a clearer understanding of how to prepare for and complete the different payroll year-end returns, an awareness of the employer's obligations and responsibilities, and how to avoid the penalties.

Overview

Programme Outline

Year-end Basics

  • Responsibilities of Employer
  • Timetable for submission of year-end returns
  • Penalties for inaccurate or late submission
  • Importance of reconciliation of year to date payroll reports

 

Year-end Returns and other Income Tax Reporting (Overview)
Step by step review of each year-end form including IR8A, A8A, IR8B, IR8S, IR21

  • How to complete each form and many valuable tips on year-end procedures
  • Avoiding common mistakes made in filing
  • Tax Treatment of Benefits in Kind
  • Other monetary and non monetary benefits provided/paid by Employers
    •  

      Computation of Benefits in Kind with Case Studies

      • Accommodation
      • Air Passage
      • Per Diem
      • Car-related items
      • Stock Options (ESOP/ ESOW)

Date

30 Nov 2018
20 Dec 2018

Course Duration

1 Full Day; 9am – 6pm

Who Must Attend

HR Practitioners & Business professionals

Fees Per Pax
(Excluding GST)

S$400

CPE Hours

Applicable

Venue

8 Wilkie Road, #03-08, Wilkie Edge, Singapore 228095

 

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