by admin | Apr 2, 2019 | Accounting, Tech News
On or about 14 January 2019, the Accounting Standards Council issued a revised Conceptual Framework for Financial Reporting which is based on the revised Conceptual Framework issued by the International Accounting Standards Board (IASB) in 29 March 2018. For companies...
by admin | Apr 1, 2019 | Employment, Tech News
Core provisions will be extended to cover all managers and executives The monthly basic salary threshold of $4,500 for managers and executives will be removed. All employees, whether managers and executives, workmen and non-workmen, will be covered by the core...
by admin | Apr 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 | Apr 1, 2019 | Income Tax, Tech News
On or about 29 March 2019, the Inland Revenue Authority of Singapore (IRAS) has published the second edition of e-Tax Guide: Group Relief System. It replaces the first edition which was published on 6 September 2011. The e-Tax Guide has been updated to incorporate the...
by admin | Mar 29, 2019 | Goods and Services Tax, Tech News
On or about 27 March 2019, the Inland Revenue Authority of Singapore (IRAS) has published the ninth edition of GST e-Tax Guide: Guide on Exemption of Investment Precious Metals (IPM). It replaces the eighth edition which was published on 18 January 2019. This e-Tax...
