by admin | Aug 1, 2019 | Income Tax, Tech News
On or about 1 August 2019. the Government Gazette has published the Income Tax (Exemption of Workfare Bicentennial Bonus) Notification 2019. The Minister of Finance has made the following notification: Cash payment made by the Government to an individual under the...
by admin | Aug 1, 2019 | Accounting, Tech News
On or about 1 August 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment to the International Financial Reporting Standards (IFRS) Due Process Oversight Committee on Exposure Draft on Proposed amendments to the IFRS Foundation Due Process...
by admin | Aug 1, 2019 | Accounting, Tech News
On or about 1 August 2019, the International Accounting Standards Board (IASB) has proposed amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgements to assist companies in providing accounting policy...
by admin | Aug 1, 2019 | Income Tax, Tech News
Singapore has participated in the negotiation of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). The MLI is intended to allow jurisdictions...
by admin | Jul 31, 2019 | Property Tax, Tech News
Property agents notice the uptick by Singapore wealthy families buying apartments for their children who are old enough to own property in order to work around cooling measures. Some rich families are also setting up trust accounts in their children below 21 in their...
