by admin | Feb 24, 2025 | Accounting, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has formally announced an extension to its waiver of late filing penalties, now effective until 15 March 2025. This relief measure applies to entities with statutory filings originally due between 9 December...
by admin | Feb 20, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced revisions to the administrative concessions available under the Assisted Self-Help Kit (ASK) programme. The updates, effective immediately, aim to ensure the concessions remain current and directly address...
by admin | Feb 19, 2025 | Accounting, Income Tax, Tech News
Deputy Prime Minister and Finance Minister Lawrence Wong presented Singapore’s 2025 Budget Statement yesterday, outlining a comprehensive package of tax measures designed to strengthen the nation’s economic foundations. Key focus areas include enhancing...
by admin | Feb 18, 2025 | Accounting, Income Tax, Tech News
The Equities Market Review Group (EMRG), tasked with enhancing Singapore’s capital markets, has unveiled its initial recommendations, centering on strategic tax incentives aimed at boosting the domestic equities ecosystem. The proposed measures, announced today,...
by admin | Feb 18, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released its official responses to the public consultation on the draft regulations concerning Pillar Two Global Anti-Base Erosion (GloBE) Safe Harbours and Transition Rules. The feedback has directly shaped the...