[CRS-260045] All you need to know about BSD, ABSD, SSD (BAS)

CPD Category: Professional Competencies under Structured Learning (4 training hours awarded)

Course Duration: 4.0 hours

Funding: Eligible for UTAP funding (for NTUC Union members)

Course Synopsis:

• When Buyer Stamp Duty (BSD), Additional Buyer Stamp Duty (ABSD) and Seller Stamp Duty (SSD) are payable
• Common cases for exemptions or refund
• Regulatory framework for buying and selling taxes (including latest updates)
• ABSD for Trust and scenario where it is refundable
• The basis of taxation and how it is calculated
• Case studies for learners to practice calculation and to correctly advice their customers

Course Objective(s):

At the end of the CPD, learners will be able to:

• Learn the latest BSD, ABSD and SSD frameworks
• Apply the right tax rates when conducting financial estimation
• Understand how taxation affects purchasers’ decisions

About the Trainer

Cheryl Sum

Cheryl has 14 years of experience in the real estate market in Singapore, mainly in sales, marketing and consulting roles. She had led various residential project launches in Singapore, and had worked in teams to spearhead key markets like China and Malaysia. Throughout these years, she has worked with various Property Developers and Business Leaders in Singapore, Vietnam, Thailand, Malaysia and New Zealand.

Cheryl was appointed a Business Coach for a startup incubator program endorsed by the Vietnam Chamber of Commerce and Industry (VCCI) held in Ho Chi Minh City throughout 2017 and was a Keynote Speaker for a Real Estate Convention held in Thailand in 2022.

Currently, Cheryl spends majority of her time coaching real estate salespersons and corporate executives. Cheryl also runs her own training and consultancy business where she has undertaken multiple consultancy projects in identifying organizational development needs, implementing market strategies and have been consistently working with various partners to create and list e-learning courses. Some of her major clients include the Association of Strata Managers, Marketing Institute of Singapore, Selangor Dredging Berhad, CapitaLand, ST Engineering and Audemars Piguet.