Q1) DEF (S) Pte Ltd is in the business of making computer accessories. The following expenses were charged to the Profit and Loss Account. Which of the following expenses are tax deductible?

(i) Depreciation expenses (ii) Trade debts written off (iii) Accounting and audit fees

Q2) ABC (S) Pte Ltd is in the business of selling cars. The following expenses were charged to the Profit and Loss Account. Which of the following expenses are tax deductible?

(i) Staff salaries. (ii) Traffic fines incurred by delivery drivers. (iii) Legal fees to renew office lease.

Q3) During a sale, the retailer decided to offer 15% discount on a dining table, which normally retails at $5,000. What is the GST chargeable on the dining table?

Q4) XYZ is a GST-registered company (accounting year end 30 September) that manufactures and sells clothes. On 28 July 2020, it delivered goods to a customer. The invoice was raised on 15 August 2020 and payment was received on 15 September 2020. What is the time of supply?