by admin | Feb 13, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced the commencement of the Enterprise Innovation Scheme (EIS) Cash Payout application window for Year of Assessment (YA) 2025, with specific timelines for sole proprietorships and partnerships. Application...
by admin | Feb 13, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a directive requiring specific disclosures from partnerships regarding gains derived from the disposal of foreign assets. The announcement targets gains arising in the basis period for the Year of Assessment...
by admin | Feb 12, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a critical reminder to employers regarding the upcoming deadline for submitting employment income information under the Auto-Inclusion Scheme (AIS) for Year of Assessment 2025 (income earned in 2024)....
by admin | Feb 10, 2025 | Accounting, Company Law, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has formally notified all applicable companies of their obligation to submit Income Tax Returns for the Year of Assessment (YA) 2025. The filing deadline is 30 November 2025. Entities Required to File The following...
by admin | Feb 6, 2025 | Accounting, Income Tax, Tech News
Singapore’s Inland Revenue Authority (IRAS) has issued critical clarifications on corporate tax compliance, focusing on foreign income reporting, loan fee deductions, foreign tax credits, and voluntary disclosure incentives. These clarifications aim to reduce common...