Preparatory Course for Singapore Qualification Programme - Professional Programme – Taxation
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.
For more information, please see the handbook attached.
- 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
No assessment or certificate is involved in this course. Students may sit an external examination conducted by Singapore Accountancy Commission (SAC) after the course.
This course is ideal for the working adults who would like to gain knowledge in the area to prepare themselves for the external examination.
All applicants must satisfy the requirements of the Academic Base of the Singapore QP before they can embark on the Professional Programme. To satisfy the requirements of the Academic Base, applicants must either:
- Hold an accredited accountancy degree; or
To enrol directly into the Professional Programme, applicants must possess one of the following accredited degrees in accountancy:
- Bachelor of Accountancy from the Nanyang Technological University;
- Bachelor of Business Administration (Accountancy) from the National University of Singapore;
- Bachelor of Accountancy from the Singapore Management University;
- Bachelor of Accountancy from the UniSIM University (part-time);
- Master of Professional Accounting from the Singapore Management University; or
- Master of Science in Accountancy from the Nanyang Technological University (previously known as Master of Business Administration (Accountancy))*.
* Graduates of the NTU Master of Business Administration (Accountancy) programme are allowed to enrol directly into the Professional Programme.
The original and a certified true copy of the degree and transcript must be submitted at the time of enrolment into the Singapore QP.
These degrees are also recognised for the purpose of registering public accountants under the Accountants Act (Cap. 2).
For more information regarding the Foundation Programme, please click here. Hold a recognised degree that is comparable to a 3-year undergraduate degree and complete the Foundation Programme for Singapore QP.
To find out more about the Foundation Programme application procedures, please click here.
To register in the Programme, applicants must be employed with an Accredited Training Organisation (ATO) which issues a Training Agreement and assigns an Approved Mentor to their Candidates.
For more information on the introduction of SAC/SQP, please see here.
Students will be given a set of the learning pack by SAC.