What is the rate at which goods and services are produced based upon total output given total inputs Group of answer choices?

• The supplier's name, address and GST registration number are not shown.
  
• For purchases >S$1,000, the words "tax invoice", name of customer or GST amount is not shown.
  
• For purchases ≤ S$1,000, the GST amount or a statement similar to "price payable includes GST" is not shown.
  
• For purchases in foreign currency, the Singapore dollar equivalent amounts are not shown.

• Your supplier does not have a GST registration number or the GST registration number shown has expired/is not valid.
  
• You can check on your supplier's GST registration status, period of registration and GST registration number using the GST Registered Business Search.

Expenses incurred by employees on behalf of the company
E.g. Expenses incurred for making business calls using employee's personal mobile phone

• Subject to the conditions for input tax claim, such claims are allowed if you can prove that the employee is acting as an agent of the taxable person (i.e. the business) in receiving the supply of goods or services.
  
• For example, you are able to provide evidence of reimbursements made to the employee and have recognised the bills as business expenses in your accounts etc.
  
• You need to segregate the business expenses from the private expenses. GST incurred for private expenses is not claimable.

• Subject to the conditions for input tax claim, these claims are allowed if you have the supporting tax invoice addressed to you or the simplified tax invoice if the purchase value (including GST) is not more than $1,000.
  
• As an administrative concession, a receipt which contains all the information required in a simplified tax invoice can also be used to claim the input tax incurred for entertainment expenses exceeding $1,000 (including GST). You must also keep alternative documentary payment evidence and information on entertainment details (such as name of person entertained, purpose of entertainment, person incurring the expenses, etc.) to support your claim.
  
• This concession is applicable only to expenses on food and drinks. In the event that an expense comprises of items other than food and drinks (e.g. rental of yacht), a proper tax invoice is still required to support the full claim.

• Input tax claims are disallowed under Regulation 26 of the GST (General) Regulations.
  
• However, subject to the conditions for input tax claim, these claims are allowed if:

1. the medical expenses (e.g. pre-employment and annual health screening expenses) are obligatory under the Work Injury Compensation Act (WICA) or under any collective agreement under the Industrial Relations Act (IRA); or
2. the medical treatment in respect of expenses incurred on or after 1 Oct 2021 is provided in connection with any health risk or requirement arising on account of the nature of the work required of your staff or his work environment; and

1. the medical expenses are incurred pursuant to any written law of Singapore concerning the medical treatment or the provision of a medical facility or medical practitioner. For example, mandatory medical examinations for staff under the Workplace Safety and Health (Medical Examinations) Regulations; or
2. the medical treatment is related to COVID-19 and the staff undergoes such medical treatment pursuant to any written advisory (including industry circular) issued by, or posted on the website of, the Government or a public authority. For example, COVID-19 swab tests for outbound travellers who are advised to get pre-departure COVID-19 swab tests (if travel is for business purposes).

• To determine whether the medical expenses are obligatory under WICA, please visit the Ministry of Manpower (MOM) webpage on WICA or contact MOM at +65 6438 5122.  For clarification on collective agreements under IRA, please consult your trade union.

• Input tax claims are disallowed under Regulation 26 of the GST (General) Regulations.
  
• However, subject to the conditions for input tax claim, you are allowed to claim input tax if such insurance or the payment of compensation is obligatory under the Work Injury Compensation Act (WICA) or under any collective agreement under the Industrial Relations Act (IRA).
  
• For example, you can claim input tax for work injury compensation insurance that is obligatory under WICA for both local and foreign employees performing:
  
  • Manual work, regardless of salary level; or
    
  • Non-manual work, earning $2,600 or less a month.
    
  If you require more information on WICA, please visit the Ministry of Manpower (MOM) webpage on WICA, contact MOM at +65 6438 5122 or contact your insurance agent.

Input tax incurred on purchase and running expenses of motor cars is disallowed under Regulation 27 of the GST (General) Regulations unless the car is excluded from the definition of a ‘motor car’ in Regulation 25(1). In addition, from 1 Apr 2022 onwards, a GST remission has been granted to allow input tax claims incurred on the purchase of services to transport passengers from point A to point B (pay-per-trip) in a chauffeured private hire car (e.g. airport transfer services, etc), provided the other conditions for claiming input tax are met. This includes ensuring that your purchases are supported by valid tax invoices or simplified tax invoices with GST charged to you. For e.g., for limousine services, you will need to keep an invoice from the GST-registered business showing that GST has been charged on the services.

For other motor vehicles (e.g. lorry, van, motorcycle)

• Subject to the conditions for input tax claims, input tax claims are allowed on motor vehicles that do not fall under the definition of a 'motor car' (i.e. constructed or adapted for the carriage of not more than seven passengers excluding the driver, and the weight of which unladen does not exceed 3,000 kilograms).

Purchase of goods that you gave away for free to customers, suppliers, staff etc.
E.g. Gifts, samples and lucky draw prizes

• Input tax claims are allowed, subject to the conditions for input tax claim.
  
• However, you may be required to account for output tax on the Open Market Value (OMV) of the goods if its cost exceeds $200. Refer to our website on Gift and Sample for more information.

Club subscription fees charged by sports and recreation clubs
E.g. Joining fee, subscription fee, membership fee and transfer fee

Input tax claims are disallowed under Regulation 26 of the GST (General) Regulations.

Expenses for use of club facilities
E.g. Green fees, buggy fees, rental of golf bag locker and dining at club restaurants

Family benefits for staff
E.g. School fees for children of your expatriate staff

Input tax claims are disallowed under Regulation 26 of the GST (General) Regulations.

General insurance for the business

• Input tax claims are allowed on general insurance expenses (e.g. fire insurance, burglary insurance, machinery risks insurance, trade cargo insurance), subject to the conditions for input tax claim.
  
• As an administrative concession, input tax can also be claimed on public liability insurance. However, this does not apply if the premiums relating to the insurance coverage of medical costs for third parties can be separately identified. You can only claim GST incurred on the portion of premiums not relating to the coverage of medical costs.

GST/VAT incurred for purchases made overseas
E.g. GST charged to you under the Australian tax jurisdiction

Input tax claims are disallowed because the GST/ VAT was paid to a party outside of Singapore tax jurisdiction.

Properties purchased by non-legal entities

Subject to the conditions for input tax claim, to claim input tax* on properties (both movable and immovable properties and intellectual properties) acquired through a bare trustee, the GST-registered non-legal entity must keep the following:

• Tax invoice addressed to the bare trustee; and
  
• Documents (e.g. trust deed) or records showing that the purchase is made by the bare trustee on behalf of the GST-registered non-legal entity.