Learn Corporate Tax Training Course Singapore

SkillsFuture Eligible

UTAP

Union Training Assistance Programme

SDF

Skills Development Fund

Participants who attend this Corporate Tax Course will be able to understand corporate tax filing of local companies doing trade locally.

FAQ

Course Start Date

24/02/2025 | 09:30 to 17:30

Week Days

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Schedule

Days: 3 Days

Duration: 21 Hours

Timings: 9:30 AM - 5:30 PM

10 Anson Road, 26-08A International Plaza, Singapore 079903

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Why Choose Us

SkillsFuture Credit Eligible
Expert Local Trainers
Hands-on Training by experts
Certificate of Achievement
Better focus on participant due to small size class.
Free Refresh Class within 6 Month

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Who should attend this Corporate Tax Course Singapore

This Corporate Tax Training is suitable for business owners with local and foreign income on various tax rules and regulations. Also, for accounting staffs who need tax knowledge to better classify account to avoid “pit falls” and to understand the concept of double tax relief available.

Accountant

Non-tax professionals

Entrepreneur

Finance Professionals

Student

Course Completion Requirements:

Minimum 75% attendance is required in order to complete the course and receive the course completion certificate

Entry Requirements

Above 16 years old

High School Level English

Basic internet & computer operation skills

Singapore Corporate Tax Training Course (Basic, Intermediate & Advanced Level)

Singapore Corporate Tax training is a three days course designed to help SME bosses and accounting staff to understand the difference between accounting profit and taxable profit.

Basic Level provides knowledge about Singapore income tax principles and help participants to understand taxable and non-taxable income and treatment of deductible and non-deductible expenses in the eyes of Singapore tax authority.
Intermediate Level helps participants be able to classify expenses more accurately and avoid stepping into “wrongful claim of expenses” while doing tax filing and understand tax computation as well as GST computation better with case study and practical examples.
Advanced Level will help participants on the correct presentation and classification of input tax and output tax. This workshop also allows participants to understand the concept of taxability of foreign income received by a tax resident company in Singapore tax paid and its treatments. Advanced level will also focus on C-S form filling with several case studies.

This workshop also allows participants to understand the concept of taxability of foreign income received by a tax resident company in Singapore tax paid and its treatments.

Why you should take up the business tax preparation course?

This training is suitable for business owners with local and foreign income on various tax rules & regulations.
Accounting staff who need tax knowledge to better classify accounts to avoid “pitfalls”.
Understand the concept of double tax relief available.
Allows participants to understand the concept of taxability of foreign income received by a tax resident company in Singapore tax paid and its treatments.

This course is conducted by members of Institute of Singapore Chartered Accountant (ISCA), ASEAN CPA, working in accounting firms with taxation, audit and lecturing experience.

Target Participants:

This training is suitable for business owners with local and foreign income on various tax rules and regulations. Also, for accounting staffs who need tax knowledge to better classify account to avoid “pit falls” and to understand the concept of double tax relief available.

Day One / Basic Level provides knowledge about Singapore income tax principles and help participants to understand taxability of income and deductibility of expenses.

Treatment taxable income under section 10 (1) and deeming provision under section12 and Section 13
Treatment of deductible expenses under section 14 and non-deductible expenses under section 15 in the eyes of Singapore tax authority.
Case study will be provided to strengthen the understanding of the training

As such, participants will be able to set up classify revenue and expenses more appropriately in the eyes of law and avoid “unintentional’ evasion of tax

Day 2 / Intermediate Level helps participants understand the treatment of non-current assets and the depreciation treatment in the tax environment. Training also covers Goods and Services Tax issue in detail

Capital allowance under section 19 in replacement of depreciation disallowed.
Output GST treatment of Taxable supplies and claiming of GST Input tax under rule 26, 27 and 33
Case study will be provided to strengthen the understanding of the training

As such, participants will be able to understand GST terminologies and would be able to fill up GST F5 accurately to unnecessarily filling of F7

Day 3 / Advance Level helps SME and many small companies in the course of venturing overseas and earning overseas incomes. Training also covers treatment of trade losses carry back scheme that help companies to claim part of the tax paid.

The taxability of bring back foreign income earned under section 10 (25)
Mechanism in the calculation of carry back to claim back part of tax paid in the past
Case study will be provided to strengthen the understanding of the training

As such, participants will understand the concept of taxability of foreign income received and carry back scheme

Grants available

SkillsFuture Eligible

SkillsFuture Credit: Singaporeans can use $500 SkillsFuture Credits for this training to offset the course fees.

UTAP

Union Training Assistance Programme

UTAP: NTUC members enjoy 50% *unfunded course fee, capped at $250 each year.

SDF

Skills Development Fund

SDF: Deductible of 2$/hours for S/PRs trainees under company sponsorship.

Corporate Tax Course Outline:

Basic Level (Day 1)

Introduction to corporate tax in Singapore
Tax Terminology
Tax residences of companies and short visiting of foreign expertise
Charging section – Section 10 (1) (a) to 10 (1) (g)
Deeming Provision – Section 12
Exempted Income – Section 13
Tax Deductible Expenses – Section 14
Exercise and case studies Q &A

Intermediate Level (Day 2)

Non-Deductible Expenses/ Prohibited Expenses – Section 15
Capital Allowance – Section 19, S19(a) to S19 (f)
Related party transfer of Non-current assets – Section 23 and 24
Goods and Services Tax
Exercise and case Studies · Question & Answer

Advanced Level (Day 3)

Foreign income received in Singapore – S50A
Double tax relief computation
Corporate Tax Computation practice
Exercise and case Studies · Question & Answer

Course Fee:

S$275/ any 1 level (Basic, Intermediate or Advanced)
Package of any 2 levels: S$475.00/any 2 levels
Package of all 3 levels: S$595.00/full course of 3 levels

*The mentioned course fee is excluded of GST.. New GST rate of 9% will be applied for all registrations made after 31st December 2023

This price includes also the training materials (soft copies – only soft copy included, printed copy is payable additionally, please check with our sales) and light refreshment. You are also entitled to a free refreshing course with us within 6 months after the course.

Laptop is not required for this training.

Group discount (Applied from 1 June 2023)

From 4 participants joining together, there is 5% discount for each participant.

From 5 participants joining together, there is 10% discount for each participant.

Corporate training:

For a group with a minimum of 12 pax, we can conduct the private/in-house training. The course outline can be customized upon request. (Course fee depends on the number of participants and customized program).

Fundings:

For Singaporean and PR under company sponsorship: SDF claimable from Skills Development Funding $2/hour training -> Claimable amount is $14/pax/training-day.

For Individual self-sponsor:

Singaporean above 25: The course fee is claimable from Skillsfuture Credit. (Mid-Career Transition NOT applicable)

You can check your Skillsfuture Balance at Skillsfuture Website (Login with your Singpass)

NTUC union members (Only for participants taking 3-full-day course within 60 days-No discount given): Can claim from UTAP funding 50% of the unfunded course fee, cap at $250/year/pax – applicable for course start before 31 March 2025

Unfunded course fee refers to the balance course fee payable after applicable government subsidy.
For more details, kindly visit: Union Training Assistance Programme (UTAP) (ntuc.org.sg)

Note: SkillsFuture Credit (SFC) cannot be used to co-fund the course fees of company-sponsored training courses.

Course Schedules:

PHYSICAL CLASS

Basic Level (day 1)	Intermediate Level (day 2)	Advanced Level (day 3)
10 June 2024	11 June 2024	12 June 2024
15 July 2024	16 July 2024	17 July 2024
5 August 2024	6 August 2024	7 August 2024
11 September 2024	12 September 2024	13 September 2024
9 October 2024	10 October 2024	11 October 2024
18 November 2024	19 November 2024	20 November 2024
9 December 2024	10 December 2024	11 December 2024

Note:

From 5 participants joining together, we can open a new class on requested schedule, subjected to trainer availability.
From 8 participants, we will be able to conduct in-house training with customized course outlines also.

Payment mode:

Bank transfer, cheque, paynow or nets accepted

Completion requirement:

A minimum of 75% attendance is required for completion of the course.

Certificate:

A Certificate Of Achievement will be issued upon completion of course

Reviews of our students

Sarah Lah

4 months ago

Great excel course by Bee Hoon for 3 Days. Trainer was humorous and contextualised the info learnt in real life examples. Exercise files were easy to follow also.

Arun Dixit

11 months ago

I attended the excel course, our trainer Valene was really patient and well versed. The training environment was really good, I will definitely go again. Will recommend to my friends and family for sure.

Cara Chan

4 days ago

Attended WORDPRESS WEBSITE CREATION COURSE on 25 Sep 2023. Really appreciate the training made simple for beginners like myself. The trainer Mr Abhinay gave clear explanations and repeated many times to make sure we understood. Understanding how Wordpress works enabled me to navigate my company website and make updates efficiently. Unfortunately, the plug-in used by my company website was not taught in the course; which is understandable given the many different types of plug-ins available.The staffs were helpful and understanding when I was unable to log-in my singpass for attendance. It was overall an enjoyable experience to me. Snacks and beverages at the pantry was a bonus, too! Thank you, Inspizone!

Joanna

10 months ago

Thank you for the practicable courses. Lessons were conducted at a comfortable pace. Trainer Ms Mridula is knowledgeable, very helpful and encourages class participation to liven up the sessions. She also shared about how the tools can be applied in our work. Both intermediate and advanced excel courses exceeded my expectations. Thank you.

Guido Sudero

11 months ago

The course was effective for my purpose, the Teacher was clear and professional and she covered all the various aspects in an extensive and careful way. Then, the follow up they do, sending the course material to all Students is also good. Indeed a good Excel course for a beginner.

Avira Dixit

a year ago

I attended their 3 days excel training. I must say this is one of the best training places here at Singapore. They provide full training materials, you dont even need to bring your own laptop. Their course content was appropriate and examples used for explanation were relatable. The instructor was very patient and cleared all our doubts. Highly recommend!!

Leanie Lee

a year ago

I have just completed my excel levels 1 & 2. Trainer Bee Hoon is great. Her training was clear, audible & practical. A professional trainer indeed. Initially I was having some difficulties in my enrolment, but both the administrators Emma & Huyen were very helpful, patient, accommodating & efficient in their service, making it a pleasant experience I have had with InspiZone. InspiZone Highly recommended.

Wenyan Yeo (W)

7 months ago

Attended the MS Excel course (Beginner & Intermediate) on 25 & 26 Aug. Ms Koh Bee Hoon was the trainer for the above mentioned course. Ms Koh is very knowledgeable and patient, she makes sure everyone in the class understands the current topic before she moves on to the next. The lesson pace is very manageable too. After attending the course, I have learnt much more functions about MS Excel! Highly recommend this course to anyone who wish to learn more about MS Excel.

Lucia

a year ago

I have attended their MICROSOFT OFFICE EXCEL 2016 – INTERMEDIATE & ADVANCED LEVELS training. The trainer Bee Hoon is knowledgeable, patient and made online training an enjoyable hands-on experience. I would recommend the course for anyone wanting practical training, and I hope that there will be more online classes in the future.

J Quek

2 years ago

I am so glad that I had clicked on the site of Inspizone and decided to give a try on one of their courses, Master Excel Training. And I've got more than what I expected, I have done the course many years back but the trainers were never generous with their tips but Bee Hoon, a big "WOOW" she is very generous with the tips and know-how that I had never known before and she is very patient ...gosh! Fantastic trainer!! The Training Coordinator, Sophia, she was very helpful from the moment I send in my request and questions, she patiently guided me from registration, claiming my skill future till the approval and giving me the class schedule. A big thank you and great service! The school, wow!! I never have seen a school supplying such a well-stocked and premium snacks for students/trainees, the class welfare is really great and taken care of!! Thank you! I will definitely recommend Inspizone and I will keep a lookout for other courses that they have.

Katherine Ang

a year ago

I have researched on a few training centres before deciding on Inspizone. Very happy that I have chosen the right one! I have attended Microsoft Excel Intermediate & Advanced Class by Bee Hoon. She is super good, knowledgeable and clear with the online class. If you have any doubts she will also guide you patiently and ensure that you know how the functions work. If you are a beginner or you want to brush up your excel skills Bee Hoon will be my number one recommendation! 🙂 My training coordinator Emma has been very helpful towards my question too. Will definitely sign up for more courses with Inspizone!

Patricia Tong

5 years ago

Attended MS Excel 2013 Intermediate and Advanced levels. IT Trainer Ms Asha was patient and knowledgeable. Her lessons were conducted systematically. Additionally, their Project Coordinator Ms Huyen took efforts to text reminder a day before; kept the place neat and clean; and making sure refreshments were ready and adequate.

alex koh ming

3 years ago

BEST EXCEL TRAINING

Jacqueline Lee

2021-09-22

Went for a accounting course, Steven was friendly and helpful

Guido Sudero

2021-09-01

The course was effective for my purpose, the Teacher was clear and professional and she covered all the various aspects in an extensive and careful way. Then, the follow up they do, sending the course material to all Students is also good. Indeed a good Excel course for a beginner.

THIRUMALA DEVI

2021-09-15

Here i attended two courses. The Teacher is more knowledgeable person. I attend here accounts and Corporate Tax Singapore courses. really ill recommend this institute.

Lachu Gandhi

2021-09-07

Content of the course is appropriate. Trainer valene was very good and interactive. The place, course materials, the presentation and content of the material everything were clear and precise and she gave proper response to the queries raised. The place is well maintained too. Overall, a good experience and sure, I will recommend inspizone to my friends who are keen on upgrading themselves.

shengwei tan

2021-07-01

Stella is a great lecturer, the lesson taught are well orderly manner for each day which preps in beforehand and learning better.

Grace CH Ong

2021-06-11

A very useful course with laptops provided and sample datasets for our training. Training was very well-paced and clear, helpful for learning. Trainer also was happy to go around assisting when needed and managed queries well for us. Happy to have participated in a course at Inspizone 🙂

Tax Course Singapore FAQ

What is a corporation tax course?

Business needs to pay taxes to run profitable business. The course is meant for accounting professionals to give them a fair idea about how the corporate taxation process works and how accounting profit and taxable profit are different from each other.

Who can take up the corporate tax course Singapore?

The course is ideal for people who are already in the accounting industry. However, the course can be fruitful for:

Accountants
Bookkeepers
Entrepreneurs
Finance professionals
Student

What are the duration and the course outline of taxation courses Singapore?

The taxation course Singapore is a 21 hours long program that prepares you in and out of the industry. Starting right from the income tax principles to going to the concept of taxability of foreign income received by a tax resident company, the course has it all. The curriculum is designed as per the demands of the industry and ensures that the foundation is crystal clear for effective and efficient work and results.

The course is divided into 3 parts:

Basic level
Intermediate level
Advanced level

Basic level: This level covers everything and anything related to the Singapore income tax principles. It also throws some light on taxable and non-taxable income and the treatment of deductible and non-deductible expenses in the eyes of the Singapore tax authority. The basic level focuses on making a strong foundation so that one can sail smoothly to the advanced level.

Intermediate level: Intermediate level is a step ahead of the advanced level. Here, students will learn to classify expenses more accurately and will undergo hands-on training on tax computation and GST computation better with case studies and practical examples.

Advanced level: This is the amalgamation of the other two levels with a pinch of new learnings. At this level, students will learn the correct presentation and classification of input tax and output tax. They will also understand the concept of taxability of foreign income received by a tax resident company in Singapore tax paid and its treatments. The advanced level will also focus on C-S form filling with several case studies.

Who are the chief trainers of the corporate tax training Singapore?

We as an esteemed educational institute are very picky when it comes to picking up the best talent to train our students for their wonderful future growth. All the trainers are members of the Institute of Singapore Chartered Accountants (ISCA), ASEAN CPA, working in accounting firms with taxation, and audit and have immense lecturing experience so that you can harness the best of everything.