by admin | Oct 27, 2018 | Income Tax, Tech News
On 25 October 2018, the Inland Revenue Authority of Singapore (IRAS) has published that Singapore received the highest overall compliant rating a jurisdiction can receive that affirms its regime for exchange of information on request (EOIR). The rating was awarded by...
by admin | Oct 23, 2018 | Accounting, Tech News
On 22 October 2018, the International Accounting Standards Board (IASB) has issued narrow-scope amendments to IFRS 3 Business Combinations to improve the definition of a business.The amendments assist entities to determine whether a transaction should be accounted for...
by admin | Oct 22, 2018 | Goods and Services Tax, Tech News
On 17 October 2018, the Inland Revenue Authority of Singapore (IRAS) has simplify the GST filing process to reduce risk of making errors by allowing taxpayers now to submit their GST returns and transaction listings directly from accounting software to IRAS via...
by admin | Oct 12, 2018 | News
E H Luar & Co together with other member firms in the Singapore Accountancy Alliance (SAA) took part in CPA Congress 2018 at Marina Bay Sands Convention Centre on 11 October 2018. The congress focused on how accounting and finance professionals can lift their...
by admin | Oct 9, 2018 | Accounting, Income Tax, Tech News
On 8 October 2018, the Inland Revenue Authority of Singapore (IRAS) has published the Summary of Responses on income tax implications arising from the adoption of FRS 116 – Leases. The 3 key comments accepted by IRAS are: 1. To provide guidance on the...
