by admin | Nov 20, 2024 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has published its responses to public feedback on the draft e-Tax Guide outlining the mandatory adoption of InvoiceNow for Goods and Services Tax (GST)-registered businesses. This release clarifies key operational and...
by admin | Nov 19, 2024 | Accounting, Income Tax, Tech News
The Singapore Accounting Standards Committee (ASC) has publicly responded to the International Accounting Standards Board’s (IASB) July 2024 Exposure Draft proposing amendments to IFRS 19 ‘Subsidiaries without Public Accountability: Disclosures’. The...
by admin | Nov 19, 2024 | Accounting, Income Tax, Tech News
The Singapore Accounting Standards Committee (ASC), operating under the Accounting and Corporate Regulatory Authority (ACRA), has formally responded to the International Accounting Standards Board’s (IASB) proposed guidance on disclosing climate-related and...
by admin | Nov 14, 2024 | Accounting, Income Tax, Tech News
The Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill 2024 (Bill 41/2024) cleared its second parliamentary reading on 11 November 2024, marking a significant step toward modernizing Singapore’s investment and tax relief framework under the...
by admin | Nov 14, 2024 | Accounting, Income Tax
Significant momentum is building behind the International Sustainability Standards Board (ISSB) Standards, with over 1,000 companies now referencing them in disclosures and 30 jurisdictions actively progressing towards embedding them within legal and regulatory...
