by admin | Feb 25, 2022 | Accounting, Income Tax, Tech News
On or about 23 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updates its website content to Interbank Offered Rate reform. In view of the global Interbank Offered Rate (“IBOR”) reform, the Singapore Overnight Rate Average (“SORA”) will replace...
by admin | Feb 24, 2022 | Goods and Services Tax, Tech News
On or about 23 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updated its web page to rules on imported low-value goods and business-to-customer (“B2C”) non-digital services straddling 1 Jan 2023. The Minister for Finance announced in Budget 2021 that...
by admin | Feb 24, 2022 | Goods and Services Tax, Tech News
On or about 23 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updated its web page to transitional rules for GST rate change. Supplies that span the change of GST rate A supply spans the change of GST rate where one or two of the following events takes...
by admin | Feb 23, 2022 | Goods and Services Tax, Tech News
On or about 22 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updated its web page to GST Rate Change for Businesses. In Budget 2022, the Minister for Finance announced that the GST rate will be increased from: 7% to 8% with effect from 1 Jan...
by admin | Feb 22, 2022 | Income Tax, Tech News
On or about 21 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updated its website to how to participate in the International Compliance Assurance Programme (ICAP). The ICAP is a voluntary risk assessment and assurance programme to facilitate...
