by admin | Sep 16, 2025 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has published its Annual Report for the Fiscal Year 2024/2025. The data indicates a continued emphasis on enforcement and the maturation of international tax transparency frameworks, presenting several key operational...
by admin | Sep 8, 2025 | Accounting, Tech News
The Accounting Standards Committee (ASC), under the Accounting and Corporate Regulatory Authority (ACRA), has finalised significant amendments to FRS 119 Subsidiaries and Small Entities without Public Accountability: Disclosures. The revised Standard, issued in August...
by admin | Sep 5, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued updated guidance clarifying that certain cash rebates received from suppliers are subject to GST. The authority asserts that such rebates are not mere discounts but constitute consideration for a separate...
by admin | Sep 3, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) published significant updates on 2 September 2025 to its e-Tax guide, “Conditions for Claiming Input Tax.” This release provides critical clarifications on the deductibility of Input GST for a range of...
by admin | Sep 3, 2025 | Accounting, Income Tax, Tech News
The Income Tax (Refundable Investment Credits) Regulations 2025 were formally gazetted on 1 September 2025 and are now in effect. This provides the critical operational and computational framework for the new Refundable Investment Credit (RIC) regime, as previously...
