by admin | Dec 19, 2025 | Accounting, Property Tax, Tech News
In a ruling with significant procedural implications for property tax appeals, the Valuation Review Board (VRB) has dismissed Shaw Towers Realty (Pte.) Limited’s application for leave to amend its notice of appeal and proposed annual values ([2025] SGVRB 1). The...
by admin | Dec 16, 2025 | Accounting, Auditing, Income Tax, Tech News
The Income Tax (Land Intensification Allowance) (Amendment) Regulations 2025, gazetted on 12 December 2025, formally update the LIA framework with effect for planning permission applications submitted on or after 1 January 2026. Core Amendments: The revisions modify...
by admin | Dec 13, 2025 | Accounting, Auditing, Income Tax, Tech News
The International Sustainability Standards Board (ISSB) has issued specific amendments to IFRS S2 Climate-related Disclosures, responding to widespread implementation feedback from preparers. The revisions modify greenhouse gas (GHG) emission disclosure requirements...
by admin | Dec 11, 2025 | Accounting, Auditing, Income Tax, Tech News
Amendments gazetted on 9 December 2025 formally expand the administrative authority of three key public bodies—the Economic Development Board (EDB), Enterprise Singapore (ESG), and the Maritime and Port Authority of Singapore (MPA)—over specific income tax incentives....
by admin | Dec 10, 2025 | Accounting, Auditing, Income Tax, Tech News
The Finance (Income Taxes) Act 2025 (the Act) formally entered into law upon receiving Presidential Assent on 25 November 2025, with publication in the Gazette on 8 December 2025. The legislation enacts several Budget 2025 proposals and introduces additional...
by admin | Dec 6, 2025 | Accounting, Auditing, Income Tax, Tech News
The Accounting Standards Committee (ASC) has issued Exposure Draft ED/2025/1, Risk Mitigation Accounting, marking a significant potential evolution in hedge accounting under IFRS 9 Financial Instruments and related disclosures in IFRS 7. The consultation period closes...
