by admin | Jul 31, 2026 | Accounting, Income Tax, Tech News
From Year of Assessment (YA) 2026, Singapore’s Life Insurance Relief has been broadened so that a wife may claim relief for qualifying premiums she pays on her husband’s life insurance policy. The change removes the previous difference in treatment, under which...
by admin | Jul 31, 2026 | Accounting, Income Tax, Tech News
With effect from Year of Assessment (YA) 2026, Singapore’s Spouse Relief and Spouse Relief (Disability) rules have been broadened to include qualifying maintenance payments made by legally separated wives to their husbands. The change removes the previous gender-based...
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...
