Understanding Property Related Goods and Services Tax – CPD Courses

Understanding Property Related Goods and Services Tax – CPD Courses

CPD Courses Synopsis: This core CPD course provides a more in-depth knowledge of the subject of property-related Goods & Services Tax (GST).

Goods and services tax is a consumption tax that affects all strata of the society. Specifically, the real estate sector is also affected by the GST application.  Although, a residential property transaction is categorised as being GST exempt, there are other implications and application of GST in terms of rental components and commission of a salesperson. The importance of GST and its application in real estate makes it an important topic that has implication in recent real estate practices.

Credit Hours: 2 core CPD hours for the mandatory CPD courses scheme

 Venue: Training Room at 490 Lorong 6 Toa Payoh, #06-11 HDB Hub (Take lift from Biz 3 building, Lift Lobby 2) – click here to see map

CPD Course Fees:

Price for C&H agency – $35 plus GST

Price for other agency – $45 plus GST

CPD Course Objectives:

After attending the workshop, participants who intend to focus on residential property market will be able to:

  • Explain the requirements for GST taxable person;
  • Describe the difference between GST sole proprietors and GST companies;
  • Identify property-related GST taxable supplies;
  • Explain why agent’s commission attracts GST;
  • Explain which portion of furnished tenancy and related services attract GST,

to their customers and new salespersons (where applicable).

Participants who intend to target non-residential property segments will be able to:

  • Explain when sale & purchase of non-residential properties is subject to GST;
  • Explain why GST sole proprietor selling a business asset, e.g. non-residential property, must charge and collect GST;
  • Explain when non-residential leases will attract GST;
  • Identify GST expenses that are claimable by landlord and tenant
  • Explain the relationship between output and input tax;
  • Describe the accounting for GST during various stages of property purchase;
  • Explain when ‘rent free period’, ‘forfeiting of security deposit’ may be subject to GST;
  • Explain when ‘early termination of lease’, ‘liquidated damages’, ‘consideration for
  • surrendering of rights in a lease’ may be subject to GST;
    Demonstrate the calculation of GST payable;
  • Describe the accounting for GST in sub-sale transactions,

to their customers and new salespersons (where applicable).

 Target Audience: Salespersons and KEOs

Core Category Classification: C2 Laws, Government Policies and Regulations related to estate agency work

Level of Course: Level 1

Serial Number: C2L1S0195

Speaker’s Profile:

Mr. Sam Gian

core cpd courses

MA in International Relations (University of Nottingham, UK)

BA (National University of Singapore)

Advance Certificate in Training & Assessment (ACTA) certified trainer.

Industry related qualification: CEHA

Mr. Sam Gian has more than 10 years of training experience in the real estate sector. His training experience extends to course content development as well as on-site training and lectures in collaboration with various real estate organizations, such as CEHA, CES, CEA & REA.

Besides, lecturing on real estate subject, the trainer has also authored numerous books in the same field.

How to Register:

To register for CPD courses, please select which agency you belong to and then click Add to Cart.

*Please do not register for this course if you have attended it at Hastor previously.*

CPD Course: Understanding Property Related Goods & Services Tax

  • 2 core CPD hours for the mandatory CPD courses scheme
  • Day Class: 17 Mar 2017 (2pm-5pm)
  • Price for C&H agency: $35.00 plus GST
  • Price for other agency: $45.00 plus GST

To register for the class on 17 Mar 2017 (2pm-5pm)please select your agency before you click on “Add to Cart”:

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Last Updated: 07 Feb 2017

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