by admin | Jul 28, 2026 | Accounting, Property Tax, Stamp Duties, Tech News
The Singapore Government has revised the Additional Buyer’s Stamp Duty (ABSD) remission framework for licensed housing developers undertaking large-scale en bloc redevelopment projects. For residential sites acquired on or after 29 July 2026, larger developments may...
by admin | Jul 28, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has clarified the circumstances in which a foreign-owned investment holding company may qualify for a Singapore Certificate of Residence {COR). The updated guidance places greater emphasis on demonstrating substantive...
by admin | Jul 24, 2026 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has highlighted four areas currently receiving increased attention in its GST audit programme: missing trader fraud arrangements, low-value GST refund claims, sales of non-residential properties and the under-reporting...
by admin | Jul 23, 2026 | Accounting, Artificial Intelligence (AI), Auditing, Corporate Governance, Ethics, Tech News
Artificial intelligence tools can support a wide range of accountancy activities, including drafting, summarisation, document review, research and client communication. However, no single AI model is suitable for every assignment, and outputs must be assessed against...
by admin | Jul 23, 2026 | Accounting, Auditing, Tech News
The Monetary Authority of Singapore (MAS) has introduced new guidelines setting out its supervisory expectations for the annual audits of licensed payment service providers under the Payment Services Act 2019. The requirements will apply to audits for financial years...
by admin | Jul 22, 2026 | Accounting, Goods and Services Tax, Property Tax, Tech News
Property transactions can create significant GST exposure because errors in classification, timing or input tax recovery are often applied to high-value amounts. Developers, landlords, investors and advisers should address the GST position at the planning and...
