27 APRIL 2015KUALA LUMPUR

GSTPLANNING

GST ADVANCED

GST PLANNING ON REGISTRATION, TRANSITIONAL PERIOD, IMPLEMENTATION, GROUP STRUCTURES AND RELATED RISK (GST ADVANCED LEVEL)

SPEAKER | DR CHOONG KWAI FATT

Terms and Conditions | Cancellation Policy: No refund will be made after payment is made. If the registered participant is unable to attend, a substitute delegate is allowed at no extra charge. However, should there be a request to change the name printed on the certificate of attendance to that other than that shown on the registration form, RM 100 extra will be charged as reprinting service charge. The organiser reserves the right to refuse service. The organiser reserve the right to change event date and venue, with notice being sent vide the email registered above. Information collected is in pursuant to the Personal Data Protection Act 2010. | *HRDF Claimable : is subject to approval by PSMB . | You may not, without our prior written permission, frame or inline link any of the content of this brochure, or incorporate it into another website or other service any of our material, content or intellectual property. Copyright (C) 2015 Synergy TAS PLT.

| HRDF CLAIMABLE * | 10 CPD |

GST ADVANCED KUALA LUMPUR

STAY AHEAD OF THE CROWD

WHILE OTHERS STRUGGLE TO

LEARN UP ON GST RISK: YOU ARE

NOT ONLY AWARE OF THE RISK, YOU

ALSO HAVE SOLUTIONS AND

VARIOUS GST PLANNING IDEAS AT YOUR

DISPOSAL

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The GST in its initial years will increase the cost of doing business in most industry. The increased costs will be mainly on software acquisition, hardware upgrades, training of employees, recruitment of dedicated staffs to administer the GST operation, documentation and lastly, professional fees in support of this implementation.

In addition, salaries, EPF, bonuses for engaging extra scarcity human capital for GST compliance, providing required training to these personnel will lead to efficient and effective growth of business.

The acquisition of hardware and modification of software to accommodate the claim of GST input tax and accountability for GST output tax, submission of GST returns, quarterly payment of GST to the government, keeping GST records for seven years, facilitating GST audit to prepare for GST appeal, and being accountable for penalties where required are risks that cannot be ignored.

The goods and services tax (GST) is operational effective on 1 April 2015. The Malaysian GST model is business friendly, broad consumption based which leads to stable and constant revenue collection for the government to restore the federal surplus.

INTRODUCTION

SPEAKER’S PROFILEDR CHOONG KWAI FATT is the pioneer in GST formation and implementation. He is appointed by the Ministry of Finance as one of the panel members to review tax reforms in Malaysia, inclusive of the formulation of GST.

He has conducted and published an extensive research on GST way back since 2006. Dr Choong being an avid researcher, he has also studied GST system from various countries.

He is also widely known for his ability to formulate the “unthinkable” strategies and clearly thought of implementation plan. He is constantly sought by many listed companies as well as high net worth individual and SME for his practical and impressive strategy to GST implementation and of course, his foresight into the potential GST concerns.

He is the expert of experts in terms of GST & tax planning, where he provided advice and personally trained corporate accountants and professional firms on incom tax, RPGT and GST implementation. Get ready to take good notes when you attend his GST planning seminars.

COST HIKE IS NOT SOLELY DUE TO GST’S INPUT TAX

Although GST theoretically is paid by the consumer and collected by the business operator, failure to accommodate the GST well within the system will add to the GST cost, as it has to be prepaid to the government prior to sales on accrual basis. Worse yet, the cost may still be the responsibility of the business operator due to some specific circumstances as seen in industry that is designed as exempt supply.

DUTY TO PAY DOES NOT ONLY LIE ON CONSUMER

B.Acc(Hons)(Malaya),LL.B(Hons)(London), CLP, MCL(IIUM),PhD(IIUM), FCCA(UK), CPA(M), CA(M), ACA(ICAEW), CA(Aust.),CPA(Aust.), CGA(Can), FCCS.

TAX CONSULTANT, ADVOCATE AND SOLICITOR (HIGH COURT OF MALAYA)

DR CHOONG KWAI FATT

Malaysia’s GST

System

Full comprehension of the GST mechanism will mitigate the GST risk. Failing to comprehend the concepts within GST model will result in unnecessary cash flow being tied down or even lost when stock is written off or lost or when products are given away during promotional campaigns and through personal use. Original documentation and relevant evidence must be retained for seven (7) years to claim GST refund or GST deduction and to facilitate GST audit.

Malaysia’s GST

SystemMALAYSIA’S UNIQUE GST SYSTEM

This advanced level of practical seminar is the first of its kind. It will meticulously

analyse the pragmatic mechanism of the Malaysian GST model, which is different

from any other model in the world, simply because of the “Malaysia Boleh”

spirit.

This is the only course that will unreservedly reveal the hidden tax risk within

GST and provide alternative pragmatic solutions for business owners in their

respective industries.

LIFEBLOOD OF BUSINESS ("CASHFLOW") IS AT STAKE

SPECIAL FEATURE :

THE COURSE CONTENT INCLUDES BUT NOT LIMITED TO THE FOLLOWING:

The noting point on the GST concept of “supply,” which is a concept distinguished from sales or turnover that is used in existing sales tax and service taxThe issue on valuation and its mechanism

MODULE ONE | The BIG concept of "Supply"

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The hardware and software features to be noted to facilitate GST mechanisms and system processes that must distinctly capture the following:

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MODULE TWO | Get the right tools and get your tools right

Input tax paid on raw materialsInput tax paid on direct utilities or other overhead costs used in manufacturingOutput tax on invoices issuedGST return, incorporating the relevant dates and data to facilitate input tax deduction within credit system mechanismGoods excluded from input tax creditTime and place of supplyGST invoice features

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The pro and cons of “Approved Trader Scheme” Whether manufacturing businesses should apply for approved “Toll Manufacturer Scheme” and/or “Warehousing Scheme” “Flat rate scheme” and its limitation

MODULE THREE| Consideration on GST Scheme

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GST planning during transitional period to claim or not to claim the special relief on sales taxGST planning on refund—to apply or not to apply

MODULE FOUR| Refund or not to refund

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Transfer of business to new companyAppeal to convert exempt supply to zero rated and the mechanism involvedThe advantage of having LLP within a group of companies for GST efficiency The pro and cons on voluntary registrationGST planning on group registration and the hidden tax riskNoting point on various business vehicle on GST regimeGST as a going concern basis

MODULE FIVE| Business structure

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Penalties and offences – a detailed analysisBusiness mitigation plan for directors

MODULE SIX| The "Carrot" and the "Stick"

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More content will be added as changes from gazettd order and guidelines provided by Custom.

INCORPORATE EFFECT OF GST ON INCOME TAX & RPGT.= Hot topic

BURNING QUESTIONS : Personal tax risk and issues within your industry will be addressed via the content presented & during Q & A session of your queries to us (limited to two questions per participant).

REGISTRATION & BREAKFAST (BREAKFAST PROVIDED)

9.00 AM

27 APRIL 2015 (Kuala Lumpur)

8.30 AM

The concept of "Supply"The issue on valuation and its mechanism

Hardware and Software features to facilitate mechanisms and system processes

10.15 AM

BREAK (SNACKS PROVIDED)

10.30 AM

Consideration on GST scheme

The pros and cons of "Approved Trader Scheme"

Whether manufacturing business should apply for approved "Toll Manufacturer Scheme" and/ or "Warehousing Scheme"

"Flat rate scheme" and its limitation

GST planning during transitional period to claim or not to claim the special relief on sales tax

12.30 PM

LUNCH (MEAL PROVIDED)

1.30 PM

Transfer of business to new company

Appeal to convert exempt supply to zero rated and the mechanism involved

The advantage of having LLP within a group of companies for GST efficiency

The pros and cons on voluntary registration

GST planning on group registration and the hidden tax risk

Noting point on various business vehicle on GST regime

GST as a going concern basis

BREAK (SNACKS PROVIDED)

3.00 PM

3.15 PMPenalties and offences – a detailed analysis

Business mitigation plan for directors

Effect of GST on income tax and RPGT

Q & A Session

End of live event

5.00 PM

7.00 PM

PROGRAM TIMELINEThe estimated timeline for GST: Advanced.

Presenting the big idea in GST planning.

Note : Speaker is committed to high quality of presentation and insists that all materials are covered. Therefore the schedule may vary.

PRICING

SYNERGY TAS PLT Suite 153, PG-15A, Ground Floor, Jaya 33No. 3, Jalan Semangat, Section 13 46100 Petaling Jaya, Selangor

(016) 302 6109 ; (016) 328 6312event@synergytas.com

Register online by using the following link : www.synergytas.com/gstadvanced

Want to attend the seminar at its lowest price ? Register in group of 3 or more participants in one registration to get additional discount.

Professional firms

HRDF claimable ** Subject to employer’s application to PSMB. As at time of publication of this brochure HRDF limit the amount claimable per participant to RM1,300.

Choose the right rate for you.

1 - 2 pax 3- 4 pax 5 & more

Enjoys RM 1000 off as early bird discount when you register by 10 April 2015.

Enjoys RM 400 off as early bird discount when you register by 17 April 2015.

Register

Register by 10 April 2015

Register by 17 April 2015

RM 2,280

RM 2,880

By registering three or more participants enjoy an additional RM 100 off from

early bird price .

Here’s how the math works : Professionals : RM 3,280 - RM 1000 early bird discount

-RM 100 group registration discount = RM2,180.

Commercial : This best price is valid until 10 April 2015. RM 2,180 - 300 = RM1,880.

This price is valid until 17 April 2015.

* * * * *

Register

RM 2,180

RM 2,780

By registering five or more participants enjoy an additional discount of RM 200 off .

Here’s how the math works : Professionals : RM 3,280 - RM 1000 early bird discount

- RM 200 group registration discount = RM2,080.

Commercial : This best price is valid until 10 April 2015. RM 2,080 - 300 = RM1,780.

This price is valid until 17 April 2015.

* * * * *

Register

Register Register Register

RM 2,080

RM 2,680

Register after 17 April 2015 RM 3,280 RM 3,180 RM 3,080

Commercial companies ^^

RM 1,980

RM 2,580

RM 1,880

RM 2,480

RM 1,780

RM 2,380

RM 2,980 RM 2,880 RM 2,780

SPECIAL COMMERICAL DISCOUNT ?

Commercial companies ^^ enjoys

additional special discount of

RM 300 off the seminar fee

(Fee stated above is after discount) .

^^ Commercial companies refer to

any company other than

professional firms such as

auditor, tax agent,

accounting consultant)

FROM 17 APRIL 2015 ONWARDS THE FULL FEE IS RM3,280. WITH GROUP REGISTRATION DISCOUNT OF RM100 AND RM200 RESPECTIVELY STILL APPLICABLE FOR GROUP REGISTRATION

GST IDEA IS THE BEGINING POINTS OF GREAT BUSINESS TAX SAVING AND RISK MANAGEMENT.

IDEAS ARE THE BEGINING POINTS OF ALL FORTUNES.

See you on 27 April 2015

VENUE NEXUS, BANGSAR SOUTH, KL

The latest new location for coporate event is in Bangsar South, Kuala Lumpur. It is located in close proximity to Mid Valley City.

Cater to daily expediencies, including the time demands of city dwellers and traffic congestion, by being conveniently located in Bangsar South coupled with ample parking spaces.

Bangsar South CityNo. 7, Jalan Kerinchi59200 Kuala Lumpur

Register by 10 April 2015

Register by 17 April 2015

Register after 17 April 2015

GST PLANNING ON REGISTRATION, TRANSITIONAL PERIOD, IMPLEMENTATION, GROUP STRUCTURES AND RELATED RISK (GST ADVANCED LEVEL)

REF: 20141229TLL

Participant 1

Email : event@synergytas.com

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Designation

Email

Billing to

Company

Address

Tel

Contact Person

Email

Remark

Participant 2

Name (Mr / Mrs / Ms)

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Particiant 3

Name (Mr / Mrs / Ms)

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Participant 4

Name (Mr / Mrs / Ms)

Designation

Email

Participant 5

Name (Mr / Mrs / Ms)

Designation

Email Please make payment to :"SYNERGY TAS PLT" ( CIMB : 800 707 1544 ) either through bank transfer or bank in cheque.

Simple way to register

Just scan this form and email to register for seat/s. Thereafter upon payment, please scan and email the deposit slip to event@synergytas.com .

Online version of this form can be access vide this link :

www.synergytas.com/gstadvanced

Most important GST tax planning event.

Live Event

Date 27 April 2015

Time9.00 AM to 7.00 PM

10 CPD

LocationCONNEXION @ NEXUS, BANGSAR SOUTH,KUALA LUMPUR

1 - 2 Participant(s)

3 - 4 Participants

5 or More Participants

Fee based on number of registered participant.

Tick to indicate your category of fee.

RM1,980 per person (After RM 1000 early bird discount & commerical firm discount of RM 300)

RM 1,780 per participant (After RM 1000 early bird discount, commerical firm discount of RM 300 & RM 200 group

discount per participant)

RM 1,880 per participant (After RM 1000 early bird discount, commerical firm discount of RM 300 & RM 100 group

discount per participant)

* Price quted is valid unti 10 April 2015

Terms and Conditions | Cancellation Policy: No refund will be made after payment is made. If the registered participant is unable to attend, a substitute delegate is allowed at no extra charge. However, should there be a request to change the name printed on the certificate of attendance to that other than that shown on the registration form, RM 100 extra will be charged as reprinting service charge. The organiser reserves the right to refuse service. The organiser reserve the right to change event date and venue, with notice being sent vide the email registered above. Information collected is in pursuant to the Personal Data Protection Act 2010. | HRDF Claimable : is subject to approval by HRDF. | You may not, without our prior written permission, frame or inline link any of the content of this brochure, or incorporate it into another website or other service any of our material, content or intellectual property. (c) Synergy TAS PLT 2015

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