by admin | Jun 24, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has formally issued the annual Section 68(2) Notice to Employers for the Year of Assessment 2025. Published in the Government Gazette on 20 June 2025, this notice mandates all employers operating in Singapore, including...
by admin | Jun 24, 2025 | Accounting, Income Tax, Tech News
The International Accounting Standards Board (IASB) has issued a significant update to its Practice Statement on Management Commentary, marking a major step towards enhancing the clarity and comparability of narrative financial reporting worldwide. The revised...
by admin | Jun 21, 2025 | Accounting, Income Tax, Tech News
The Ministry of Finance (MOF) has initiated a public consultation on the draft Finance (Income Taxes) Bill 2025, seeking stakeholder feedback on significant proposed amendments to Singapore’s income tax framework. The consultation period runs from 18 June to 11...
by admin | Jun 19, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced the availability of the essential Year of Assessment (YA) 2026 employer reporting forms on its official website as of today. Employers are required to utilise these forms for reporting their...
by admin | Jun 15, 2025 | Accounting, Auditing, Employment, Income Tax, Tech News
The Singapore Income Tax Board of Review (the Board) has dismissed an appeal by three specialist doctors concerning the Comptroller of Income Tax’s recharacterisation of corporate profits as taxable individual income under anti-avoidance provisions. Case...
