by admin | Dec 19, 2019 | Accounting, Tech News
On or about 18 September 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment letter to the International Accounting standard Board (IASB) on ED/2019/3 Reference to the Conceptual Framework (Proposed Amendments to IFRS 3). The ASC is...
by admin | Dec 19, 2019 | Goods and Services Tax, Tech News
The Singapore Budget 2018 and 2019 included several GST policy changes such as lowered GST relief and duty-free alcohol limit for travellers which took effect immediately while others were kick in 2020 and later. In Budget 2018, the following were the changes: GST...
by admin | Dec 18, 2019 | Accounting, Tech News
On or about 18 December 2019. the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/7 General Presentation and Disclosures by 20 April 2020. The compiled comments would then be summarised and forwarded to the IASB. On or about 17 December...
by admin | Dec 18, 2019 | Accounting, Tech News
On or about 17 December 2019, the International Accounting Standards Board (IASB) has proposed improvements to the way information is communicated in the financial statements, with a focus on financial performance. Responding to investor demand, the proposals would...
by admin | Dec 17, 2019 | Income Tax, Tech News
On or about 17 December 2019, the updated Avoidance of Double Taxation Agreement (DTA) between Singapore and the Republic of Korea, signed on 13 May 2019, will came into effect on 31 December 2019. The updated DTA is expected to: enhance the cross-border trade and...
