by admin | May 8, 2026 | Accounting, Goods and Services Tax, Tech News
In GIY v The Comptroller of Goods and Services Tax [2026] SGGST 1, the GST Board of Review upheld the Comptroller’s decision to disallow approximately S$2.4 million of input tax claims. Although the taxpayer showed that some goods were exported, it did not establish...
by admin | Apr 29, 2026 | Accounting, Artificial Intelligence (AI), Corporate Governance, Goods and Services Tax
Singapore’s charity sector is moving into a more demanding operating environment, where governance, digital capability, financial resilience and public trust are increasingly treated as interconnected technical priorities rather than standalone compliance matters....
by admin | Apr 10, 2026 | Accounting, Goods and Services Tax, Tech News
This technical note summarises the key features, practical applications, and current limitations of the IRAS GST Assisted Self‑Help Kit (ASK) administrative concessions, based on the latest guidance and common industry scenarios. Policy Intent ASK concessions aim to...
by admin | Apr 2, 2026 | Accounting, Goods and Services Tax, Tech News
From 1 April 2026, the Beverage Container Return Scheme (BCRS) is operational in Singapore. Under this regulatory framework, sellers of regulated beverages are required to collect a refundable deposit of $0.10 per regulated beverage container, in addition to the...
by admin | Mar 20, 2026 | Accounting, Auditing, Goods and Services Tax, Tech News
The self-assessment nature of the Goods and Services Tax (GST) regime continues to present significant compliance risks for businesses. Recent insights into the Inland Revenue Authority of Singapore’s (IRAS) audit methodologies reveal a sustained focus on high-risk...
by admin | Mar 19, 2026 | Accounting, Auditing, Goods and Services Tax, Tech News
Recent developments and judicial decisions continue to shape the landscape of tax practice in Singapore, underscoring the critical need for Tax Accountants to clearly distinguish between legitimate tax planning, impermissible tax avoidance, and outright tax evasion. A...
