We are a group
of Year two students from DAC/FT/2B/06 who recently participated in the National
Tax Competition organized by NTU on 2 February 2013. It was an eye-opening
experience to us as we competed with about 40 teams from the three local
universities and other polytechnics. It was certainly a challenge to us as we
had to overcome barriers on different levels of maturity and education between
the undergraduate seniors and ourselves.
We started off
the first round with a set of MCQ questions with a time limit allocated to each
question. The time limit of 30 seconds was barely sufficient as some of the
questions were very descriptive and quantitative. This caused us to struggle
between the time limit and differing notions arising from our discussion.
Undoubtedly, all of us tensed up and had a hard time reaching a consensus at
the beginning. However, we gained composure as time went by with our faith
placed in one another and we selected all the answers unequivocally and
steadily without hesitation thereafter.
Moving on to
the second component of the preliminary round, we had to complete the tax
computation within half an hour. Prior to this competition, we decided to split
the work strategically into half based on our strength in different areas to manage
our time more efficiently and optimally which eventually indeed helped us to
finish the question confidently.
preliminary round has ended, the results were announced and we made it to the
championship round as the only polytechnic team with 2 teams from NTU and one
team from SMU. Although we didn’t manage to clinch the top spot eventually, it
was an achievement to all of us to come in fourth and we were glad that we were
able to make Singapore Polytechnic proud.
Ang Wei Jie (1101407)
Chang Zhing Fang (1101197)
Han Ning (1162372)