Singapore Chartered Accountant Qualification - Professional Programme – Taxation by LSBF

Upon completion of the Taxation module, Candidates will be able to deal with the Singapore taxation issues that a general purpose accountant (i.e. an accountant other than one specialising in the provision of tax advice) is likely to encounter, such as income tax from self-employment; employment and investments; the corporation tax liability of individual companies and groups of companies; stamp duty; the goods and services tax liability of businesses; and the types of tax incentives available.

Candidates should also be able to appreciate tax planning opportunities under domestic taxation laws. Candidates will also be expected to understand international taxation and comparative tax treatments for financial risk management considerations, though not in a tax planning or advisory role.

• Personal income tax liabilities
• The use of exemptions or reliefs in deferring and minimising income tax liabilities
• Corporate tax income liabilities
• Withholding tax
• Stamp duty
• Goods services tax
• The importance of taxation to personal and corporate financial management
• The impact of relevant taxes in relevant situations and courses of action, including the interaction of taxes
• Ethically minimise and/or defer tax liabilities by the use of standard tax planning measures
• Communicating with clients, the IRAS and other professionals in an appropriate manner