by admin | Oct 28, 2025 | Accounting, Employment, Income Tax, Tech News
A 27-year-old businesswoman engaged in product distribution and sales has been formally charged in court (24 October 2025) for filing false individual income tax returns for YA 2021 and YA 2022 and submitting falsified supporting documents to the Comptroller of Income...
by admin | Oct 24, 2025 | Accounting, Employment, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its public guidance on deductible and non-deductible business expenses for corporate taxpayers. The new examples provide additional clarity for companies preparing their tax computations and assessing...
by admin | Oct 22, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released a new e-Tax Guide, Submit Self-Employment Income by Commission-Paying Organisations, outlining expanded reporting obligations for entities that pay commissions to self-employed individuals. The guidance...
by admin | Oct 2, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued definitive guidance on the upcoming legislative enhancements to the tax deduction scheme for Employee Equity-Based Remuneration (EEBR). Effective from the Year of Assessment (YA) 2026, these changes aim to...
by admin | Sep 18, 2025 | Accounting, Company Law, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has revised its published guidance on the tax treatment of interest-free or subsidised loans granted to company directors and employees who hold substantial shareholdings, or who exercise control or significant...
by admin | Jun 24, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has formally issued the annual Section 68(2) Notice to Employers for the Year of Assessment 2025. Published in the Government Gazette on 20 June 2025, this notice mandates all employers operating in Singapore, including...