by admin | May 16, 2026 | Accounting, Income Tax, Tech News
IRAS has updated the administrative procedures for applications and claims under Singapore’s Refundable Investment Credit (RIC) scheme. The update clarifies the roles of the approving agencies, the claim verification process, utilisation options, and the procedures...
by admin | May 15, 2026 | Accounting, Artificial Intelligence (AI), Data Protection & Cybersecurity, Tech News
Artificial intelligence is becoming an essential component of modern audit practice, particularly as audit clients increasingly adopt digital tools, automation, cloud systems and AI-enabled business processes. For audit firms, the practical value of AI lies not in...
by admin | May 14, 2026 | Accounting, Income Tax, Tech News
Mergers and acquisitions are rarely driven by tax alone, but tax can materially affect whether a transaction is commercially viable, how it should be structured, and how value is ultimately preserved. In any M&A transaction, tax considerations may affect the...
by admin | May 14, 2026 | Accounting, Artificial Intelligence (AI), Data Protection & Cybersecurity, Tech News
Following the session on “AI and SMPs: What’s Changing, What Matters, What’s Next”, the message is clear: AI is no longer optional, but it must be adopted with discipline, safeguards, and professional oversight. The accountancy sector is ahead of many industries in...
by admin | May 13, 2026 | Accounting, Income Tax, Tech News
Singapore and Bhutan signed a new Double Tax Agreement on 12 May 2026 covering taxes on income. The agreement is not yet effective and will take effect only after both jurisdictions complete their ratification procedures. Key tax and business impacts The DTA is...
