by admin | Feb 6, 2020 | Goods and Services Tax, Tech News
The Government had announced during Budget 2018 that it plans to raise the GST from 7% to 9%, sometime between 2021 and 2025, while Singapore faced growing expenditures in healthcare, security and other forms of social spending. This is expected to raise additional...
by admin | Feb 6, 2020 | Income Tax, Tech News
On or about 6 February 2020, the Inland Revenue Authority of Singapore (IRAS) has published on its website that the Exchange of Information (EOI) Arrangement signed between Singapore and the United States of America on 13 November 2018, will enter into force on 5...
by admin | Feb 5, 2020 | Income Tax, Tech News
The findings from REACH (the government feedback unit) and the People’s Association (PA) on 5 February 2020 revealed that worries over climate change and the looming goods and services tax (GST) hike were also among the key concerns for the public with regards to...
by admin | Feb 4, 2020 | Income Tax, Tech News
On or about 4 February 2020, an Agreement for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance (DTA) was signed between Singapore and Indonesia. The present DTA between the two countries has been in...
by admin | Feb 3, 2020 | Income Tax, Tech News
It was noted that the income tax filing for the Year of Assessment (YA) 2020 begins on 1 March 2020. The Inland Revenue Authority of Singapore (IRAS) has illustrated an “All You Need To Know” guideline clarifying various questions on tax returns. The IRAS details the...
