by admin | Apr 4, 2026 | Accounting, Employment, Income Tax, Tech News
This technical note consolidates the key personal tax reliefs available to Singapore tax residents for Year of Assessment 2026. The reliefs are categorized into three groups: (i) manually claimable reliefs, (ii) automatic reliefs, and (iii) voluntary...
by admin | Apr 4, 2026 | Accounting, Tech News
In applying the revenue from contracts with customers standard, a company may sometimes need to use more than one method to estimate the stand-alone selling prices (SSP) of goods or services within a contract, particularly when two or more items have highly variable...
by admin | Apr 4, 2026 | Accounting, Employment, Income Tax, Tech News
Recent internal technical training reviewed the critical distinction between tax reliefs and tax deductions. While reliefs provide a baseline reduction to chargeable income, deductions offer a significantly larger avenue for tax savings, particularly for individuals...
by admin | Apr 3, 2026 | Accounting, Income Tax, Tech News
The Income Tax (Refundable Investment Credits) Regulations 2025 have been amended with effect from 1 April 2026. Concurrently, two Assignment of Functions notifications under section 3A of the Income Tax Act 1947 have been issued to enhance the administrative powers...
by admin | Apr 2, 2026 | Accounting, Income Tax, Tech News
Background The trustee of a real estate investment trust (REIT) established and listed in Singapore issued a tranche of subordinated perpetual securities (the “Securities”). The Securities possess features that render them hybrid in nature – treated as equity for...
