by admin | Jul 29, 2019 | Income Tax, Tech News
As announced in Budget 2016, companies are required to e-File their Corporate Income Tax returns (including Estimated Chargeable Income (ECI), Form C and Form C-S) in a phased approach from Year of Assessments (YAs) 2018 to 2020. From YA 2020 onward, all companies are...
by admin | Jul 26, 2019 | Goods and Services Tax, Tech News
On or about 26 July 2019, the Inland Revenue Authority of Singapore (IRAS) has published the fifth edition of the e-Tax guide, “How do I prepare my GST return”. It replaces the fourth edition published on 14 December 2018. This e-Tax Guide explains how to prepare the...
by admin | Jul 23, 2019 | Accounting, Income Tax, Tech News
On or about 23 July 2019, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide on the Common Reporting Standard (CRS). The CRS is an internationally agreed standard for the automatic exchange of financial account information between...
by admin | Jul 22, 2019 | Accounting, Tech News
On or about 22 July 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/5 Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Proposed amendments to IAS 12) by 11 October 2019. The compiled comments...
by admin | Jul 17, 2019 | Accounting, Tech News
On or about 17 July 2019, the International Accounting Standards Board (IASB) has published the proposed changes to the IFRS Standard for income tax, IAS 12 for public comment. The amendments clarify how companies account for deferred tax on leases and decommissioning...