by admin | Jul 17, 2018 | Company Law, Tech News
On 17 July 2018, the Accounting and Corporate Regulatory Authority (ACRA) of Singapore has announced the date of the legislative changes to the Companies (Amendment) Act 2017 relating to Annual General Meeting (AGMs) and Annual Returns (ARs) timelines that will tale...
by admin | Jul 17, 2018 | Income Tax, Tech News
On 16 July 2018, the Inland Revenue Authority of Singapore (IRAS) has published a revised e-Tax Guide, GST: Approved Contract Manufacturer and Trader (ACMT) Scheme that replaces the previous one. This e-Tax Guide explains the benefits, qualifying criteria and...
by admin | Jul 12, 2018 | Goods and Services Tax, Tech News
Input tax incurred in the making of exempt supplies is not claimable generally except if the De Minimis Rule is satisfied. The De Minimis Rule allows GST-registered businesses to claim input tax on exempt supplies. On 10 July 2018, the Inland Revenue Authority of...
by admin | Jul 11, 2018 | Income Tax, Tech News
On 9 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Second Edition of the e-Tax Guide, Income Tax Treatment of Real Estate Investment Trust Exchange-Traded Funds. The amendment include to amend paragraph 5.2 of the main guide and paragraph...
by admin | Jul 11, 2018 | Income Tax, Tech News
Contract manufacturers and traders under the ACMT scheme are relieved of the need to account for GST on value added activities supplied to non-GST registered overseas customers. On 16 July 2018, the Inland Revenue Authority of Singapore (IRAS) has re-write it e-Tax...