by admin | Oct 31, 2025 | Accounting, Company Law, Income Tax, Tech News
On 30 October 2025, the Inland Revenue Authority of Singapore (IRAS) released long-awaited guidance clarifying the classification of foreign entities—including foreign partnerships and foreign limited liability companies (LLCs)—for Singapore income tax purposes. The...
by admin | Oct 28, 2025 | Accounting, Employment, Income Tax, Tech News
A 27-year-old businesswoman engaged in product distribution and sales has been formally charged in court (24 October 2025) for filing false individual income tax returns for YA 2021 and YA 2022 and submitting falsified supporting documents to the Comptroller of Income...
by admin | Oct 24, 2025 | Accounting, Goods and Services Tax, Tech News
IRAS has announced amendments to several existing administrative concessions under the Assisted Self-Help Kit (ASK) and introduced a new concession, alongside updates to scenarios where filing of GST F7 (Disclosure of Errors Form) is no longer required. These changes...
by admin | Oct 24, 2025 | Accounting, Employment, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its public guidance on deductible and non-deductible business expenses for corporate taxpayers. The new examples provide additional clarity for companies preparing their tax computations and assessing...
by admin | Oct 22, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released a new e-Tax Guide, Submit Self-Employment Income by Commission-Paying Organisations, outlining expanded reporting obligations for entities that pay commissions to self-employed individuals. The guidance...
