by admin | Oct 21, 2025 | Accounting, Auditing, Goods and Services Tax, News
The Inland Revenue Authority of Singapore (IRAS) has released GST Essentials guidance series (Part 1) addressing the GST treatment on recovery of expenses—a recurring area of complexity for GST-registered businesses, particularly where expenses are recharged to...
by admin | Oct 17, 2025 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Finance (Income Taxes) Bill (No. 16/2025) was tabled for its first reading in Parliament on 14 October 2025. The Bill proposes amendments to three key statutes: Income Tax Act 1947 (ITA) Multinational Enterprise (Minimum Tax) Act 2024 (MMTA) Goods and Services Tax...
by admin | Oct 14, 2025 | Accounting, Tech News
The Accounting Standards Committee (ASC) has formally submitted its comment letter to the International Accounting Standards Board (IASB) in response to the Request for Information: Post-implementation Review of IFRS 16 Leases. The submission was published on the ASC...
by admin | Oct 11, 2025 | Accounting, Income Tax, Tech News
The Ministry of Finance (MOF) has released its formal responses to public feedback on the proposed Finance (Income Taxes) Bill 2025, addressing several key tax policy refinements. The consultation responses relate to provisions affecting corporate income tax...
by admin | Oct 11, 2025 | Accounting, Company Law, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released an updated version of the AEOI Tax Identification Number (TIN) Guide, providing enhanced direction for Reporting Singapore Financial Institutions (SGFIs) in fulfilling their Common Reporting Standard (CRS)...
