by admin | Jan 4, 2022 | Goods and Services Tax, Tech News
On or about 3 Jan 2022, the amendment orders that update the list of goods granted relief from import GST have been released. Subject to conditions, the following imports are granted relief from the payment of GST: from 16 December 2021, the import of a “Class 2 CTGT...
by admin | Dec 18, 2021 | Income Tax, Tech News
On or about 16 Dec 2021, the Inland Revenue Authority of Singapore (IRAS) has published the third edition of the GST e-Tax Guide on Taxing imported services by way of an overseas vendor registration regime. It replaces the second edition that was issued on 26 Aug...
by admin | Dec 13, 2021 | Accounting, Tech News
On or about 9 Dec 2021, the International Accounting Standards Board (IASB) has issued a narrow-scope amendment to the transition requirements in IFRS 17 Insurance Contracts, providing insurers with an option aimed at improving the usefulness of information to...
by admin | Dec 8, 2021 | Income Tax, Tech News
On or about 6 Dec 2021, the Inland Revenue Authority of Singapore (IRAS) has updates its website contents to information on common reporting standard (CRS) registration and deregistration. An entity that becomes a Reporting Singaporean Financial Institution (SGFI)...
by admin | Nov 29, 2021 | Accounting, Tech News
On or about 26 Nov 2021, the International Accounting Standards Board (IASB) has published for comments on the proposed changes in disclosure requirements to enhance the transparency of supplier finance arrangements and their effects on a company’s liabilities and...
