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 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...
by admin | Jul 17, 2026 | Accounting, Goods and Services Tax, Tech News
IRAS has updated its guidance on the GST treatment of benefits supplied to employees, including accommodation, mobile phones, transport, meals, gifts, clothing and grooming-related items. The update provides more detailed, scenario-based explanations but does not...
by admin | Jun 26, 2026 | Accounting, Goods and Services Tax, Tech News
GST-registered businesses should review the GST treatment of employee fringe benefits before including input tax claims in their GST returns. While some employee-related costs may support business operations, input tax is not automatically recoverable where the...
by admin | Jun 24, 2026 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore has clarified when GST-registered businesses should claim input tax. The clarification confirms that input tax claims should generally be made in the GST accounting period linked to the date of the tax invoice or import...
by admin | Jun 12, 2026 | Accounting, Goods and Services Tax, Tech News
The digital asset ecosystem continues to develop rapidly, with increasing commercial adoption of cryptocurrencies, stablecoins, crypto exchanges, decentralised platforms, and token-based business models. Businesses are now using digital tokens not only as investment...
