GSTCONSTRUCTION

GST CONSTRUCTION

CONSTRUCTION INDUSTRY :A COMPLETE AND CRITICAL REVIEW ON GST IMPLEMENTATION ISSUESSPEAKER | DR CHOONG KWAI FATT

19 JUNE 2015 (FRIDAY)

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. | 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 |

SYNERGY TAS

GST CONSTRUCTION19 JUNE 2015 | NEXUS, BANGSAR SOUTH, KL

STAY AHEAD OF THE CROWD

WHILE OTHERS DISCOVER THE

PROBLEM, YOU DO NOT JUST HAVE THE SOLUTION,

BUT ALSO MULTIPLE

ALTERNATIVE TO THE SAME

PROBLEM.GST

CONSTRUCTION PROVIDE MULTIPLE

ANSWERS AT YOUR DISPOSAL

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Collectively, the complexity and diversity of work done in construction industry and its operation, coupled with its inherent complexity adds up difficulties in its GST implementation.

Failing to comprehend the governing concept and mechanism in this highly specialised industries would result in unwarranted GST risk, understatement of GST and worse still, a personal liability to directors.

This is a comprehensive and complete advanced course on Construction Industry highlighting the GST risk, landmines and noting points on its GST implementation. The participants are invited to submit 2 questions concerning their construction, or business issues that are to be addressed by the GST specialist and incorporated into the seminar content. This is a customised seminar with you as the main focus, ensuring that the content includes your company’s utmost concern.

• various time of supply;• issuance of tax invoice on various construction projects; • the frequently amending the contract with Variation Orders (VO);• the timing of Certificate of Payment (CP) possesses unresolved GST issues.

Construction Industries are complex in its inherent nature, in particularly due to:

INTRODUCTIONSPEAKER’S PROFILE

Participants are invited to submit 2 contentious issues to be incorporated into this tailor made workshop to bring home solutions / alternatives or suggestions to revamp your business practices to be GST compliant.

Submit TWO contentious issues

DR 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 individuals and SMEs for his practical and impressive strategies 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, with his extensive implementation under taken, he has provided advice and personally trained corporate accountants and professional firms on income tax, RPGT and GST implementation. Get ready to take good notes when you attend his GST planning seminars.

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

TWO BURNING QUESTIONS

THIS IS A PROBLEM-AND-SOLUTIONS BASED SEMINAR

THE COURSE CONTENT INCLUDES BUT NOT LIMITED TO THE FOLLOWING:

Scope and chargeability on mixed supplyPartial exemption on mixed supply

GST iSSUE 1 | Mixed Supply

Provision of servicesShared salariesCommissionAccommodationTransportation

GST iSSUE 2 | Value of Supply

GST iSSUE 3 | Special Circumstances

= Hot topic

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Issuance of tax invoice based on progress billingProgress billing or payment certificate for issuing tax invoice

GST iSSUE 7 | Challenge from Progress Billing

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AdvanceDepositsRetention sumDamages Court settlement

Clause needed for GST recovery in contractApportionment of GST to be shared among developer and contractorsPrebilling and advance billingCompensation for breach of contractNon reviewable contract

GST iSSUE 8 | Special GST Treatment

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Bad debts and Late payment

GST iSSUE 9 | Continuingly Contract

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Construction in Labuan, Tioman and Langkawi

GST treatment on labour supply from inter company

GST iSSUE 11 | Designated Area

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Stock issues in construction siteTreatment of GST on the building materials supplied by developer

GST ISSUE 5 | Stock

Tax invoice for GST and compliant to income taxTax invoice in computer environment

GST iSSUE 6 | Advanced Aspect of Tax Invoice

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GST issues with Variation Orders (VO)Timing for Certification of Payment (CP)Liquidated Ascertained Damages (LAD)

GST iSSUE 4 | Payment

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GST treatment on contra units from developer and to sub contractorThe chargeability of GST and the distinctive features between Malaysian services and export servicesRetention sum and its riskGST on Government tender, projects and supplies

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GST planning : group registration

GST iSSUE 10 | Registration

+Participants are invited to submit 2 contentious

issues to be incorporated into this tailor made

seminar to bring home solutions, alternatives or

suggestions to revamp and improvement to exisiting

GST approach.

Do submit your questions by 10 working days before

seminar date for it to be incorporated into the seminar.

This seminar is created to allow you to obtain GST solutions and bring your comprehension to the next level.

This seminar does not just provide the conventional knowledge on GST. It goes into greater depth of identifying the challenges faced together with well thought of solutions to the tough questions encountered in the GST implemention in property developr.

In addition, it works as a health check prior to proceed with next phase of your GST implementation or your upcoming construction contract.

With the various checklist and practical pre-prepared solution it will shorten your time spend and enhance efficiency. Also mitigating GST compliance risk.

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Extension of Time (EOT)+

GST iSSUE 12 | Labour Issue

ATTEND THIS IF YOU ARE :

Majority of the attendees for this seminar will consist of :

Financial controllerFinance directorAccountantArchitectProject ManagerProject Quantity SurveyorCivil engineering, electronic and electrical engineering, mechanical engineering ConsultantsMain & Sub Contractors (eg. Building, sewerage, air conditioning, etc)Corporate lawyer serving construction industryArbitrator GST task force within the organisationSolicitor involved in sales and purchase of propertyTax consultant, auditorGST consultant serving constractor

Note : This is applicable even for those who do not have prior knowledge of taxation.

Bogged down by endless discussion on issues, with lack productive solution on GST technical concerns

Frustrated by unproductive meeting and misaligned GST implementation

Who should attend this seminar

You are looking for a seminar which :

You will like this seminar if you are :

Presenting GST SOLUTIONS for construction industry.

The content above is not exhaustive.

Additional content relevant to GST for Construction Industry will be added based on latest changes and questions submitted by participants.

The mechanism of input and output taxTreatment of GST : set off

GST iSSUE 13 | Input Tax Available to Contractor

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+Business vehicles using LLPTransport vehicles used in construction : Input tax claimed

GST iSSUE 14 | Motor Vehicle

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Effective business model : Lease hold company

GST iSSUE 15 | Business Model

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Practical implementation issue

GST iSSUE 17 | Transitional issues

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Taxable period and submission of GST return

GST iSSUE 16 | Administrative

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Continuously surprised by the endless issues discovered during GST implementationFear of impact of GST implementation on other taxation in the companyUncertain as to the appropriate interpretation and puzzled as to the correct ground to take

Specialised industrial based seminars;Focus on providing solution to GST issues Latest and most up to date approachInclusive of tax planning strategies for Construction Industry

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This industrial based seminar is created to facilitate the GST implementation for construction industry. With secret content and solutions shared by Dr Choong Kwai Fatt.

This seminar will only be conducted once, due to the exclusivity of the content and also inclusive of Construction Industry’s tax planning content it will not be re-run.

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GST iSSUE 18 | Advanced GST concerns

+ Best GST practice in construction sectorDirectors’ liabilities in constructionRisk on anti money laundering offenceIncome tax audit, Customs audit :The records and documentation neededScope on incorrect return and GST evasionAdvanced ruling application for GST tax invoice issued : steps and procedures

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+ Company Directors & Shareholders

GST FOR CONSTRUCTION INDUSTRY

GST FOR CONSTRUCTION INDUSTRY

GST FOR CONSTRUCTION INDUSTRY GST FOR CONSTRUCTION INDUSTRY

REGISTRATION & BREAKFAST (BREAKFAST PROVIDED)

9.00 AM

8.30 AM

10.15 AM BREAK (SNACKS PROVIDED)

10.30 AM

12.30 PM LUNCH (MEAL PROVIDED)

1.30 PM

BREAK (SNACKS PROVIDED)3.00 PM

3.15 PM

Q & A Session

End of live event7.00 PM

PROGRAMME TIMELINEThe estimated timeline : GST for Construction Industry

Note : Speaker is committed to high quality of presentation. The above schedue is for reference only. The schedule may be altered without prior notice.

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 City

No. 7, Jalan Kerinchi59200 Kuala Lumpur

19 JUNE 2015 (FRIDAY)

Additional Content : - concern submitted by participants will be address in this time slot- Latest issues identified by the speaker- Latest Kastam’s updates by the speaker

GST iSSUE 1 | Mixed Supply

GST iSSUE 2 | Value of Supply

GST iSSUE 3 | Special Circumstances

GST iSSUE 5 | Stock

GST iSSUE 4 | Payment

GST iSSUE 7 | Challenge from Progress Billing

GST iSSUE 8 | Special GST Treatment

GST iSSUE 9 | Continuingly Contract

GST iSSUE 6 | Advanced Aspect of Tax Invoice

GST iSSUE 10 | Registration

GST iSSUE 11 | Designation Area

GST iSSUE 13 | Input Tax Available to Contractor

GST iSSUE 14 | Motor Vehicle

GST iSSUE 15 | Business Model

GST iSSUE 17 | Transitional issues

GST iSSUE 16 | Administrative

GST iSSUE 18 | Advanced GST concerns

GST iSSUE 12 | Labour Issue

5.00 PM

PRICING

SYNERGY TAS PLT Suite 153, PG-15A, Ground Floor, Jaya 33No. 3, Jalan Semangat, Section 13 46100 Petaling Jaya, Selangor(016) 302 6109 event@synergytas.com

http://www.synergytas.com/gstconstruction

Register online by using the following link :

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

Enjoy early bird discount if you register and paid

on or before 15 May 2015.

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 per participant per day.

Choose the right rate for you.

1 - 2 pax 3- 4 pax 5 & more

Register

RM 3,780

By registering three or more participants

on or before 15 May 2015

enjoy RM 700 off

With additional RM 100 offfor group registration of 3 - 4

participant.

Here’s how the math works :RM 4,380 - RM 600 Early bird

discount -RM 100 group registration discount

= RM3,680.

* * * * *

By registering one or two participants

on or before 15 May 2015

enjoy RM 600 off

Here’s how the math works :RM 4,380 - RM 600 Early bird

discount = RM3,780.

* * * * *

Register

RM 3,680

By registering five or more participants on or before 15 May 2015

enjoy RM 800 off

With additional RM 200 offfor group registration of 5 or more

participants.

Here’s how the math works :RM 4,380 - RM 600 Early bird discount

-RM 200 group registration discount = RM3,580.

* * * * *

Register

RM 3,580(NP : RM 4,380) (NP : RM 4,280 ) (NP : RM 4,180)

GROUP REGISTRATION DISCOUNT OF RM100 AND RM200 RESPECTIVELY ARE APPLICABLE FOR GROUP REGISTRATION

IDEAS ARE THE BEGINNING POINTS OF ALL FORTUNES.

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

Do contact us for any clarification.

CONSTRUCTION INDUSTRY :A COMPLETE AND CRITICAL REVIEW ON GST IMPLEMENTATION ISSUES

REF: 20150211TLL

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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 .

Most important GST tax planning event for construction industry.

Live Event

Date 19 JUNE 2015 (Friday)

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.

RM3,780 per person

RM 3,580 per participant

RM 3,680 per participant

* Price quted is valid unti 15 May 2015

http://www.synergytas.com/gstconstruction

Register online by using the following link :

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. | 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 .

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