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GST Input Tax Claims on Meals Provided to Employees Clarifies

GST Input Tax Claims on Meals Provided to Employees Clarifies

by admin | Oct 31, 2026 | Accounting, Employment, Goods and Services Tax, Tech News

The Inland Revenue Authority of Singapore (IRAS) updated its GST guidance on 29 October 2026 to clarify the treatment of meals provided to employees and other team members. Under the clarified guidance, such meals are classified as employee benefits rather than...
IRAS Updates Guidance on Multinational Enterprise Top-up Tax and Domestic Top-up Tax

IRAS Updates Guidance on Multinational Enterprise Top-up Tax and Domestic Top-up Tax

by admin | Oct 31, 2026 | Accounting, Income Tax, Tech News

Overview The Inland Revenue Authority of Singapore (IRAS) issued the third edition of its Multinational Enterprise Top-up Tax and Domestic Top-up Tax e-Tax Guide on 30 October 2026, incorporating developments in the OECD/G20 Pillar Two global minimum tax framework and...
GST Guidance on Invoicing, Credit Notes and Self-Billing Arrangements

GST Guidance on Invoicing, Credit Notes and Self-Billing Arrangements

by admin | Oct 29, 2026 | Accounting, Goods and Services Tax, Tech News

The Inland Revenue Authority of Singapore (IRAS) updated its guidance on invoicing customers on 27 October 2026, providing further clarification on the issuance of billing documents, GST adjustments arising from credit notes and the requirements for self-billing...
GST Treatment of By-Law Fees and Repair Cost Recoveries by Management Corporations

GST Treatment of By-Law Fees and Repair Cost Recoveries by Management Corporations

by admin | Oct 26, 2026 | Accounting, Goods and Services Tax, Tech News

The Inland Revenue Authority of Singapore (IRAS) published new frequently asked questions (FAQs) on 26 October 2026 clarifying the GST treatment of fees and repair cost recoveries collected by management corporations (MCs) from subsidiary proprietors. The guidance...
ISSB Consults on Proposed Nature-Related Sustainability Disclosures

ISSB Consults on Proposed Nature-Related Sustainability Disclosures

by admin | Oct 22, 2026 | Accounting, Sustainability Reporting, Tech News

The International Sustainability Standards Board (ISSB) has launched a public consultation on proposed guidance for reporting nature-related risks and opportunities, with comments invited until 19 February 2027. Drawing on the work of the Taskforce on Nature-related...
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Recent Posts

  • GST F7 Filing Timeline and Administrative Concession for Correcting GST Return Errors Clarifies
  • New Advance Ruling Summaries on Partnership Taxation, Hybrid Instruments and Economic Substance
  • IRAS Clarifies GST Import Relief and Declaration Requirements for Travellers
  • GST Input Tax Claims on Meals Provided to Employees Clarifies
  • IRAS Updates Guidance on Multinational Enterprise Top-up Tax and Domestic Top-up Tax

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