by admin | Jun 11, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore has clarified the conditions and supporting requirements for Singapore tax residents claiming Foreign Tax Credit on overseas income. The guidance is relevant to businesses and individuals seeking relief from double taxation...
by admin | Jun 10, 2026 | Accounting, Company Law, Financial & Estate Planning, Tech News
Key Development Singapore’s revamped Simplified Insolvency Programme 2.0 (“SIP 2.0”) provides eligible small companies with two simplified insolvency pathways: the Simplified Debt Restructuring Programme (“SDRP”) for viable businesses seeking to restructure debts, and...
by admin | Jun 10, 2026 | Accounting, Income Tax, Tech News
Singapore and Tanzania signed an Avoidance of Double Taxation Agreement on 9 June 2026. The agreement is intended to reduce the risk of income being taxed twice and to provide clearer tax treatment for businesses and individuals with cross-border activities between...
by admin | Jun 9, 2026 | Artificial Intelligence (AI), Data Protection & Cybersecurity, News, Sustainability Reporting
The role of the accountant is evolving rapidly as businesses respond to sustainability expectations, artificial intelligence, digital transformation and increasing demand for trusted professional judgement. Accounting firms and finance teams must ensure that their...
by admin | Jun 9, 2026 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore has indicated that GST-registered businesses already on InvoiceNow before 2026 will receive notification of their compulsory GST InvoiceNow implementation date by mid-2026. Businesses that are already GST-registered may also...
