by admin | Mar 19, 2026 | Accounting, Auditing, Company Law, Goods and Services Tax, Income Tax, Tech News
This technical note outlines the significant measures introduced in Budget 2026, with a focus on corporate tax changes, incentives for innovation and internationalization, and the strategic emphasis on artificial intelligence (AI) adoption. 1. Corporate Tax Changes...
by admin | Mar 18, 2026 | Accounting, Auditing, Goods and Services Tax, Income Tax, Tech News
This technical note outlines the key tax changes and, incentive scheme enhancements, and transfer pricing developments arising from Singapore’s Budget 2026. 1. Direct Tax Rates Unchanged There are no changes to the prevailing tax rates: Corporate Income Tax (CIT): 17%...
by admin | Mar 18, 2026 | Accounting, Auditing, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released further clarifications regarding the mandatory onboarding of GST-registered businesses onto the InvoiceNow network, confirming that specific implementation dates for GST groups and divisions will be...
by admin | Mar 14, 2026 | Accounting, Auditing, Company Law, Goods and Services Tax, Income Tax, Tech News
Since the release of Budget 2026 on 12 February, the external environment has shifted materially, introducing new complexities to the macroeconomic and tax outlook. This note provides a technical summary of key developments and their potential implications for...
by admin | Mar 12, 2026 | Accounting, Auditing, Company Law, Goods and Services Tax, Income Tax, Tech News
This technical note outlines the key tax and incentive measures introduced under Singapore Budget 2026, themed “Securing Our Future Together in a Changed World.” The updates reflect Singapore’s continued focus on maintaining competitiveness through targeted...
by admin | Feb 28, 2026 | Accounting, Auditing, Goods and Services Tax, Tech News
In a significant expansion of its digital tax administration, the Inland Revenue Authority of Singapore (IRAS) has announced that all GST-registered businesses must onboard the InvoiceNow network and transmit invoice data directly to IRAS by 1 April 2031 . The...
