To ensure you

GST :

INTERMEDIATE Peace of mind for Goods and Services Tax

- Registration and compliance

20 November 2014 ( 9 – 7 PM ) |

DR CHOONG KWAI FATT |

THE GARDENS HOTEL & RESIDENCES,

KUALA LUMPUR

www.synergytas.com/gstkls4

HRDF Claimable (Subject to employer’s application to PSMB)

10 CPD

GST is Malaysia’s new tax system which affects

all walks of life, it will change the way we do

business, purchasing policies and record

keeping be it a small or multinational

companies.

Synergy TAS Bringing you the best seminars in town...

THIS COURSE COVERS CORE AREA OF GST,

IT IS APPLICABLE TO ALL INDUSTRY.

BEFORE YOU EMBARK ON GST IMPLEMENTATION

WELCOME

We are thrilled that you are interested in GST

Intermediate, the GST course created exclusively for

commercial companies, regardless of which industry

you are from.

Our mission is to help you expedite the learning curve.

The solutions to problem which will eat into the

already limited time left for GST implementation

which at this point you may not even know it exist.

Whether you are new to GST or have attended the 10

days GST course conducted by Royal Malaysian

Customs (RMC). We are here to enable your business

to be turned into an even more profitable one by

incorporating the missing key ingredient to GST

implementation.

Best wishes,

Synergy TAS

To ensure participants derived maximum

benefit during each GST Intermediate

seminar, we alter the content according to

burning questions submitted and the industry

our participant is coming from.

3

Well researched content to

shorten your learning curve

Provide step by step approach to ease GST Implementation

An examination of answer to tough yet practical questions

by business operators

Guide to selection of GST software

Guide to avoid pitfall in GST implementation

Identify potential technical errors in GST implementation

SEMINAR’S

OBJECTIVE

4 Objective

6 What is the seminar about

8 Why this seminar is special

9 Who is it for

10 About speaker

12 Program timeline

15 Pricing

16 How to enrol

18 Contact us

Table Of Content

5

GST IS COMING FOR REAL

Since the announcement of GST to be implemented with effect from 1 April 2015 and the gazetting of GST Act 2014, GST seems to be a nightmare haunting for some businesses and also the driving force for GST implementation especially on business entrepreneur, corporate directors,

and also those involve in administrative matters, not forgetting the accountants with the increased workloads and GST risks.

GST

6

“ The "time bomb" is

ticking and requires

business operator and

decision maker to act

immediately to guard

against easily avoided tax

risk and loss out on tax

planning opportunities. “

Ease your transition into the new tax era of Goods and Services Tax.

Malaysian taxation will never be the same. It does not only change the

tax law, it will also change the way we do business, record keeping and

documentation

GST

7

∞

This is not your ordinary GST seminar_ We focus on “how-to” implement GST

GST is growing on a

continuous and progressive

manner, with new guides

and ruling being introduced

by Royal Malaysian

Customs (RMC),

the content listed is

not exhaustive,

it will be further expanded.

GST intermediate’s comprehensive content, with the objective to get you ready for GST implementation. As

oppose to the conventional “knowledge” based seminar which provide the answer to “what is” GST, this event is

design to provide the highly sought depth and answer to tough implementation issues.

NOT THE ORDINARY WHAT IS GST SEMINAR.

When you look at the content below, please see them from the perspective of “how to” implement GST.

Module 1 :Foundation to GST [question of Supply]

(a) The technical concern of GST being a consumption tax

(b) The implication of supply, mix supply and deemed supply

(c) Valuation concept on supply

(d) Rate of GST : standard rate, zero rated and exempt

Module 2 : Invoicing & output tax

(e) Designing tax invoice to capture GST output and

other invoice’s features

(f) Advanced aspect to GST treatment on goods returned,

treatment of stock written off

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Module 5 : Registration & GST

Compliances (GST returns and

payments)

(l) Whether to obtain GST

registration with RMC office

and obtain a voluntary

registration

(m) Go or not to go for group

registration

(n) GST Compliance matters

Module 6 :Contentious issues

(o) The scope and meaning of a

“good accounting system” as

required by Royal Malaysian

Customs

(p) Technical errors possible to

be accounted with GST

implementation

(p) Various contentious issues

submitted as burning question

(HOT!!!) – This is our favorite part

of the event, where practical and

Module 3 : Computation of

Input tax credit

(g) Identifying purchases and

overhead expenses (with

GST paid), that can qualify

for input tax refund/credit

to be deducted from GST

output

(h) Question of gift and

promotional expenses

(l) Incentive scheme of

manufacturers

Module 4:Transitional issues

(j) Treatment of bad debts

(k) Transition from existing

indirect tax into GST

The workshop

also includes

GST administration on:

(a) How to carry out GST returns, book recording, and

payment of GST

(b) Claiming a refund on GST paid on input

(c) Group registration for GST

As more implementation matter is announced by RMC, the content will be updated.

Knowledge is important; Implementation plan is also the main focus for this seminar.

9

Who is it

for_

GST Compliance Officer

(Personnel involved in

implementing GST) The one who is given the honours and duty to figure out how to implement GST in your organisation. (applicable to all industry).

Decision Makers (CEO, CFO, General Manager and Financial Controller) Major changes and substantial decision making has to be made to embed GST into company’s activities and affect substantial buying , selling and conclusion of contracts.

Administrative managers You are the one who will oversee the purchase and distribution of goods in your company. It is the right time to learn up on the implementation of GST. How your action need to be refined to embed GST system into your operation.

Professionals (auditor, tax agents and company secretary) The advisors to businesses please gear up and patch up your dose of GST knowledge and implementation action plan. Auditor has a substantial role to play during transitional period.

Accountants Applying a new MFRS is tough enough, what more a whole new GST system which is transactional based and cut across all transactions in your entity. The record keeping and recording of historical transaction has a new role to play, it is paramount important for you to understand all the ins and outs of GST implementation. How it will affect your documentation from now onwards and all the compliance requirements and thresholds table involved. There are ample work to prepare before the shift.

IT personnel For those involved in designing software that

is to be used in GST implementation.

Implementation of GST is transactional based. The aid of accounting software with GST’s features has never been so crucial for taxation until now

THIS SEMINAR COVERS CORE AREA OF LEARNING FOR GST,

IT IS APPLICABLE TO ALL INDUSTRIES. * APPLICABLE EVEN TO THOSE WHO HAVE NO BASIC KNOWLEDGE ABOUT GST.

BUT UNDERSTANDING OF DOUBLE ENTRY IS RECOMMENDED.

10

About Speaker_

Get to know more about your wonderful speaker

DR CHOONG KWAI FATT is the pioneer in GST. He is appointed by the Ministry of Finance as one of the panel members reviewing tax reforms in Malaysia, inclusive of the formulation of GST. With his research work on GST being published in 2006 and articles in 2007.

He has more than 24 years’ experience of providing consultancy services to listed companies, audit firms and the Government. Dr Choong is a highly sought GST & tax consultant and speaker. He is highly qualified with both professional accounting qualification and legal qualification. With chartered accountancy from 6 professional bodies and called to bar as an Advocate and Solicitor in Malaysia. Also an avid researcher equipped with a PhD in taxation.

He has won various awards for excellent in tax research and published GST & taxation articles in reputable

journals in and outside Malaysia. His research works have been quoted in many tax cases and have

influenced the formulation of tax policy in Malaysia.

He is known by attendee of his seminar as a man with heart of gold. He is passionate about helping the tax

professionals, accountants, senior executive, lawyers and business owners to enhance in taxation skills,

knowledge and wealth through mitigating of GST risk and implementation. Having more than 20 years of

experience in public speaking, participants love him for this passion in taxation and ability to make complex

tax concept understandable by different walks of life.

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 tax planning and GST implementation. Get ready to take

good notes when you attend his GST implementation seminars. DR CHOONG KWAI FATT

Tax Consultant, Advocate and Solicitor (High Court of Malaya)

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.

What people says about him :

“This is so worth it.”

“Good job, good job”

11

Get

3 THINGS YOU SHOULD KNOW BEFORE ENROLLING FOR THIS EVENT

POINT THREE : WE LISTEN TO YOUR CONCERNS

Most seminar focus on one side communication,

the speaker speakers you listen. In GST

Intermediate, we focus on you, listening before we

speak.

We crafted a special section where you can submit

your “burning question” before attending the

seminar. It is our fundamental policy to provide

answer to your technical GST questions. Where we

will based on burning question submitted to

expand on the content presented during seminar.

2 hours is allocation to address burning GST

questions.

GST Intermediate is the most highly demanded GST

seminar, and we know the reason why.

POINT ONE : UNIQUE CONTENT,

OUTSTANDING SPEAKER

Other GST seminar focus on just scratching

the surface of “what is GST”, we specifically

design this seminar to be practical in nature.

We focus on not just “what is GST”, also on

“how to implement GST”.

Conducted by renown speaker, author and

consultant, Dr Choong Kwai Fatt. His

experience as member of Malaysia tax

review board is invaluable.

POINT TWO : GREAT MATERIALS

This is third session of GST Intermediate organized

by Synergy TAS. First two session was sold out

within a month of launching.

We place emphasis on providing great materials.

We give structure to what you need to learn, by

inserting the context.

In addition, the content of the seminar is

customized according to attendee of the seminar.

Where Dr Choong is prepare the seminar material

based on industry of the participants. As such the

contents expend according to attendee with focus

being placed on GST concerns faced and its

solution presented during the seminar.

12

Program Timeline_ 20 November 2014

The estimated timeline to master GST implementation and registration concerns

8.30 AM REGISTRATION & BREAKFAST

(BREAKFAST PROVIDED)

9.00 AM GST registration with Royal Malaysia Customs (RMC)

and obtain a GST license

Concept of “consumption” tax and its mechanism

Designing tax invoice to capture GST output

Identifying purchases and overhead expenses (with

GST paid) that can qualify for input tax refund/credit

to be deducted from GST output

10.15 AM BREAK (SNACKS PROVIDED)

10.30 AM Studying whether group registration is beneficial for

your company

Suggesting software to be used for GST compliance

Treatment of bad debts

12.30 PM Lunch (Meal Provided)

1.30 PM GST treatment on goods returned, treatment of stock

written off

20 November 2014

13

Claiming a refund on GST paid on input

Group registration for GST

5.00 PM Q & A Session

7.00 PM

End of live event

Transition from existing indirect tax in GST

The scope and meaning of a "good accounting

system" as required by Royal Malaysian Customs.

GST Rates: standard rate, zero rated and exempt

3.00 PM BREAK (SNACKS PROVIDED)

3.15

How to carry out GST returns, book recording, and

payment of GST

Group registration for GST

Burning Question

Highlight of this event is the 2 hours Q & A session. Where participants

will address their GST concerns and get them answered by Dr

Choong. Various companies have found this to be extremely useful

and practical, the opportunity to tap into the speaker’s insight on

issues arising in their company is priceless. Email us two of your GST

Burning Questions to be addressed by the speaker during Q & A

session.

Send us your burning

questions on GST !

14

Why participants love us_

May be you will like us for the same reason

Content not exhaustive

Taxation is a field which grows

continuously be it arising from

the parliament, the court or the

Custom authority. As such the list

of topics covered is not

exhaustive. We will add on new

current topics as it arises until the

event to ensure we bring you a

seminar packed with maximum

GST implementation ideas.

4 hours Q & A

This is the highlight of the event.

2 hours of non-stop QUESTION AND

ANSWER by the expert on your GST

concerns on each day of the seminar.

GST implementation is about knowing

the strategy to apply in specific

scenario to maximise tax saving in a

legal manner. Sharing of such

experience is vital to both

practitioners and decision maker / GST

implementer.

HRDF claimable

Seminars conducted by Synergy

TAS are eligible for HRDF claims

under the Skim Bantuan Latihan

(SBL) Scheme, subject to prior

application to HRDF by the

employers and its approval.

Expert of the experts

We engage Dr Choong Kwai Fatt to

conduct this GST seminar. Tap into

the creative yet practical mind of

Dr Choong.

10 CPD

10 CPD is awarded and certification.

Our participants came from

different professional bodies. We

partner with the university to

provide you with a certification

accepted by the various professional

bodies.

15

.

Pricing_

1 -2 pax 3 – 4 pax 5 or more

Register Register Register

RM100 off RM200 off

Seminar fee is at RM 1,280.

With group registration at RM 100 for registration of 3 – 4 pax. 5 or more pax enjoy RM 200 off.

16

01

REGISTER

ONLINE

Visit our website

to fill up the

registration form

online

02

INVOICE

When you submit

the registration

form, an invoice

will be generated

automatically

and delivered

through email to

the person listed

as contact person

for billing.

03

BANK IN

SLIP

Upon making payment

into our acount, please

email the bank in slip to

billing@synergytas.com

Pay to : "SYNERGY TAS"

[Maybank :

5141 7863 3603]

04

EVENT

REMINDER

One week before the

event we will remind you

again through email,

SMS or call

Synergytas.com/gstkls4

$ i

HOW TO ENROLL FOR THIS EVENT

WE ARE GOOD

AT WHAT WE DO

BECAUSE WE

ARE PASSIONATE

ABOUT IT

See you on 20

November2014

Synergy TAS Bringing you the best seminars in town...

Suite 153, PG-15A,

Ground Floor, Jaya 33,

No. 3, Jalan Semangat, Section 13

46100 Petaling Jaya, Selangor,

Malaysia.

P. (016) 302 6109 / (019) 311 0625

E. event@synergytas.com

w.www.synergytas.com/gstkls4

Contact us for any clarification.

We look forward to seeing you.