Learning Objectives:
  • Explain tax components for individuals, sole proprietors, business partners and companies
  • Identify prospecting ideas through Income Tax Law
  • Use income tax as sales ideas in the selling process
  • Use their knowledge on tax for business insurance planning
  • Provide their clients with total solutions of financial planning and business insurance
Course Outline:
  • Introduction to Singapore Income Tax
  • Scope of Singapore Income Tax
  • What are the income chargeable to tax
  • Deductibility of expenses
  • Wear & tear allowances
  • Personal relief
  • Taxation of individuals, Sole Proprietorship and Partners
  • Taxation of Companies
  • Section 44 statement
  • Tax Planning Tools
  • Tax Planning Case Studies
  • Recent changes in Singapore Income Tax

LIA CPD Hour: 12 hours (50% Knowledge, 50% Skills)