GST accounting and tax implications for property developers, JMB/MC and contractors – Workshop 2018

For REP’s, Member staff and Group (3+) registrations, complete & email registration form to cpd.malaysia@cpaaustralia.com.au

Download brochure & registration form

Presenter:

Dr Tan Thai Soon

Goods and Services Tax (GST) is an indirect tax that may affect all inputs and outputs of property developers, Joint Management Body (JMB)/ Management Corporation (MC), and contractors. Gain an in-depth understanding of the GST impact on accounting, the income tax implications and treatment, as well as Budget updates.

Key topics covered:

• Usage of land and national land code
• GST treatments for property developers and contractors
• Land development agreement (LDA)
• GST treatment for property investors, IHC, JMB and MC
• Input tax credit and adjustment for mixed suppliers
• GST tax code and tax set
• Accounting for GST
• Income tax treatments

Learning objectives

At the end of the workshop, participants will be able to:

• understand the scope of tax
• learn how to claim input tax correctly
• identify GST treatments and issues
• understand the GST impact on accounting
• understand the tax implications on deductible expenses & capital allowance
• understand tax codes and accounting double entries

All our workshops are available via in-house training.

Audience

Property and land owners, housing developers, management of JMB/MCs, accountants, company secretaries and tax agents