by admin | Jun 14, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has mandated GST-registered businesses to adopt InvoiceNow, Singapore’s nationwide e-invoicing network developed by the Infocomm Media Development Authority (IMDA). Key Implementation Details: Phased Rollout: The GST...
by admin | May 24, 2025 | Accounting, Tech News
The IFRS Foundation has launched a comprehensive two-part webcast series designed to guide stakeholders through the significant updates to the IFRS Accounting Taxonomy resulting from the introduction of IFRS 18 “Presentation and Disclosure in Financial...
by admin | May 23, 2025 | Accounting, Auditing, Goods and Services Tax, Income Tax, Tech News
Singapore High Court’s pivotal decision in Changi Airport Group (Singapore) Pte Ltd v Comptroller of Income Tax [2024] SGHC 281 (“CAG”) has established critical distinctions for capital allowance claims under the Income Tax Act (ITA), reshaping asset...
by admin | May 23, 2025 | Accounting, Tech News
The Accounting Standards Committee (ASC), under the Accounting and Corporate Regulatory Authority (ACRA), has issued a reminder to stakeholders to provide feedback on the proposal to make FRS 119 Subsidiaries without Public Accountability: Disclosures available to...
by admin | May 16, 2025 | Accounting, Auditing, Company Law, Income Tax, Tech News
Significant regulatory changes are imminent for Corporate Service Providers (CSPs) operating in Singapore. Effective 9 June 2025, the newly enacted Corporate Service Providers Act (CSP Act) imposes mandatory registration and stringent compliance obligations on all...
