by admin | Dec 1, 2025 | Accounting, Auditing, Income Tax, Tech News
Singapore has amended its Global Trading Company (GTC) incentive regime, introducing significant changes applicable from Year of Assessment 2025. The revisions to Regulations 3, 4, and 5 of the Income Tax (Concessionary Rate of Tax for Global Trading Companies)...
by admin | Dec 1, 2025 | Accounting, Auditing, Income Tax, Tech News
In a significant administrative shift, Singapore’s Ministry of Finance has formally delegated the authority to specify precise concessionary tax rates under four key incentive schemes to the Economic Development Board (EDB) and Enterprise Singapore (ESG). The...
by admin | Nov 28, 2025 | Accounting, Auditing, Income Tax, Tech News
The Income Tax (Tax Incentives for Partnerships) Regulations 2012 have been amended, effective 4 November 2022 or 30 October 2023. These changes impact the qualifying conditions for enhanced writing-down allowances on intellectual property rights under the Enterprise...
by admin | Nov 28, 2025 | Accounting, Auditing, Income Tax, Property Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has confirmed the Government’s implementation of a one-off Property Tax Rebate for the 2026 year of assessment, applicable to all owner-occupied residential properties. The rebate is structured as follows: HDB Flats: A...
by admin | Nov 28, 2025 | Accounting, Auditing, Income Tax, Tech News
The Income Tax (Amalgamation of Companies) (Amendment) Regulations 2025, gazetted 27 November 2025, introduce a critical modification to the Enterprise Innovation Scheme (EIS) capping rules for corporate amalgamations. Key Change: For the Year of Assessment (YA) in...
