Key Updates to IRAS Transfer Pricing Guidelines (8th Edition)
by admin | Apr 23, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued the 8th Edition of its Transfer Pricing Guidelines (TPG), effective 19 November 2025. The updates introduce significant compliance relief for related party domestic loans, a new optional Simplified and...
“We Have IT, So We’re Safe” – The Hard Truth About PDPA Fines
by admin | Apr 23, 2026 | Accounting, Data Protection & Cybersecurity, Tech News
Many Singapore’s small and medium enterprises (SMEs) continue to operate under a false sense of cyber security, according to a new analysis of local compliance trends and enforcement actions. They believe that having IT support, antivirus software, or cyber insurance...
Part 1: The Evolving Business Case — From Compliance Requirement to Strategic Imperative
by admin | Apr 22, 2026 | Accounting, Sustainability Reporting, Tech News
This is Part 1 of a 4-part article based solely on the insights, data, and conclusions written from the perspective of a firm that has assimilated the information. Recent analysis of the current business landscape confirms that the business case for sustainability has...
Cybersecurity Resilience: Turning Risk into Competitive Advantage
by admin | Apr 22, 2026 | Accounting, Data Protection & Cybersecurity, Tech News
Singapore organisations face an accelerating threat landscape. According to the CSA’s latest Cybersecurity Health Report, over 89% of local organisations encountered at least one cybersecurity incident in the past year – and 99% of those suffered direct business...
Cyber Resilience for SMEs: Part 4 The Human Element – Governance, Visibility, and Sustainable Security Culture
by admin | Apr 22, 2026 | Accounting, Data Protection & Cybersecurity, Tech News
Executive Summary Technical controls—no matter how robust—operate within a context defined by people, processes, and governance. The most sophisticated backup architecture and patching automation can be neutralized by a single compromised user account or a poorly...
ASC Backs Fair Value Option Changes with Caveats
by admin | Apr 22, 2026 | Accounting, Income Tax, Tech News
In response to the IASB’s Exposure Draft on proposed changes to the fair value option under IAS 28, the Accounting Standards Committee (ASC) of Singapore has expressed general support for the amendments. The ASC agrees that the revisions will reduce diversity in...
New Singapore–Kenya DTA Slashes Withholding Tax Rates
by admin | Apr 21, 2026 | Accounting, Income Tax, Tech News
The Double Taxation Agreement (DTA) between Singapore and Kenya took effect on 20 April 2026, capping withholding tax rates on dividends, interest, royalties, and technical fees — with a 0% rate for government-related payments. Implications Lower cross-border tax...
Key Considerations in Singapore Private Wealth Structuring
by admin | Apr 20, 2026 | Accounting, Company Law, Income Tax, Tech News
Singapore continues to strengthen its position as a leading hub for private wealth management. Recent developments in tax incentives, regulatory frameworks, and investment vehicles have created both opportunities and complexities for families and their advisors. This...
Singapore Signs GloBE Information Exchange Agreement
by admin | Apr 16, 2026 | Accounting, Income Tax, Tech News
On 15 April 2026, Singapore became a signatory to the Multilateral Competent Authority Agreement (MCAA) for the exchange of Global Anti-Base Erosion (GloBE) information. This enables multinational enterprise (MNE) groups to participate in a central filing mechanism...
Key Corporate Law Amendments Taking Effect 6 May 2026
by admin | Apr 16, 2026 | Accounting, Auditing, Company Law, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) confirms phased commencement of Corporate and Accounting Laws (Amendment) Act 2025 from 6 May 2026. The changes raise maximum fines for director misconduct, extend director disqualification to money‑laundering...