by admin | Nov 15, 2025 | Accounting, Income Tax, Tech News
The protocol signed on 17 April 2023 between the Governments of Singapore and Brazil—intended to amend the existing DTA and the accompanying May 2018 Protocol—has officially entered into force on 12 November 2025. The amendment specifically rectifies minor translation...
by admin | Nov 14, 2025 | Accounting, Auditing, Tech News
The financial reporting landscape for FY2025 continues to be shaped by external volatility and evolving regulatory expectations. Recent developments—including shifts in global tariff regimes, persistent supply-chain disruptions, and accelerating climate-related...
by admin | Nov 13, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on the GST treatment of business gifts, introducing a new example that clarifies how output tax should be accounted for when the open market value (OMV) of the gift exceeds its cost. Key Update...
by admin | Nov 12, 2025 | Accounting, Auditing, Tech News
The Accounting Standards Committee (ASC) has released Amendments to SFRS(I) 19 Subsidiaries without Public Accountability: Disclosures and Amendments to FRS 119 Subsidiaries and Small Entities without Public Accountability: Disclosures.These amendments are effective...
by admin | Nov 8, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) issued an updated set of Frequently Asked Questions (FAQs) on 16 October 2025 relating to the GST InvoiceNow Requirement, incorporating a significant number of new clarifications. These updates reflect IRAS’...
