by admin | Apr 30, 2025 | Accounting, Auditing, Income Tax, Tech News
The International Sustainability Standards Board (ISSB) has published an Exposure Draft outlining proposed amendments to IFRS S2 Climate-related Disclosures. The draft aims to reduce complexity and ease the application burden for companies implementing the global...
by admin | Apr 30, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a GST Advance Ruling Summary No. 1/2025, clarifying the Goods and Services Tax (GST) treatment for dedicated IP transit services supplied internationally by a Singapore-based Internet Service Provider (ISP)....
by admin | Apr 12, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released an updated set of Frequently Asked Questions (FAQs) pertaining to the Enterprise Innovation Scheme (EIS), providing critical guidance for businesses seeking to leverage the tax incentive. The revisions,...
by admin | Apr 11, 2025 | Accounting, Income Tax, Tech News
The Land Intensification Allowance (LIA) scheme for Singapore’s Built Environment sector will be expanded to include qualifying multi-storey Design for Manufacturing and Assembly (DfMA) facilities, effective from 1 January 2026 until 31 December 2030. The announcement...
by admin | Apr 10, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued an Advance Ruling (Individual Income Tax) Summary No. 3/2025, clarifying the tax treatment of contingent consideration paid to founding shareholders as part of a company acquisition. The ruling determines...
