by admin | Aug 23, 2025 | Accounting, Income Tax, Tech News
In a significant update for private company reporting, the International Accounting Standards Board (IASB) has finalised its amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures. The move completes the board’s planned...
by admin | Aug 23, 2025 | Accounting, Goods and Services Tax, Tech News
In a recent update to its e-Tax guides, the Inland Revenue Authority of Singapore (IRAS) has implemented two significant changes to the Goods and Services Tax (GST) administration process, affecting the deadlines for express advance ruling applications and requests...
by admin | Aug 23, 2025 | Accounting, Goods and Services Tax, Tech News
In a move to enhance clarity and compliance for businesses, the Inland Revenue Authority of Singapore (IRAS) has released an updated version of its official GST F7 Calculator and issued a critical clarification on the term “net GST amount in error.” The...
by admin | Aug 22, 2025 | Accounting, Income Tax, Tech News
In a significant development for multinational enterprises (MNEs) operating in the region, Singapore’s landmark minimum tax legislation has been granted transitional qualified status by the Organisation for Economic Co-operation and Development (OECD). The OECD...
by admin | Aug 21, 2025 | Accounting, Income Tax, Tech News
The accounting and tax sector is facing unprecedented cyber threats, with new data revealing that scam victims in Singapore suffered losses of a staggering S$1.1 billion in 2024—a 70% year-on-year increase. This alarming statistic, from the Singapore Police Force’s...
