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)