by admin | Oct 28, 2018 | Goods and Services Tax, Tech News
On 26 October 2018, the Inland Revenue Authority of Singapore (IRAS) has updated its content on its website to remind businesses of the change in process for GST e-Filing. GST-registered businesses are required to e-File their returns through myTax Portal and make...
by admin | Oct 22, 2018 | Goods and Services Tax, Tech News
On 17 October 2018, the Inland Revenue Authority of Singapore (IRAS) has simplify the GST filing process to reduce risk of making errors by allowing taxpayers now to submit their GST returns and transaction listings directly from accounting software to IRAS via...
by admin | Sep 29, 2018 | Goods and Services Tax, Tech News
On 27 September 2018, the Ministry of Finance has released a summary of responses to the public consultation on the draft Goods and Services Tax (Amendment) Bill 2018. 70 suggestions were received, of which 47 were accepted and revisions will be made to the draft...
by admin | Sep 8, 2018 | Goods and Services Tax, Tech News
Qualifying funds may incur GST when the fund procures fund management service and other services from GST-registered businesses. All qualifying funds that are managed by a prescribed fund manager in Singapore are allowed to claim GST incurred on expenses at an annual...
by admin | Aug 25, 2018 | Goods and Services Tax, Tech News
On 23 August 2018, the Inland Revenue Authority of Singapore (IRAS) has revised the Fourth Edition of the GST: Partial Exemption and Input Tax Recovery. It replaces the third edition that was published on 8 August 2016. The e-Tax Guide explains the partial exemption...
by admin | Aug 25, 2018 | Goods and Services Tax, Tech News
On 23 August 2018, the Inland Revenue Authority of Singapore (IRAS) has revised the Fourth Edition of the GST Guide on Attribution of Input Tax. It replaces the third edition that was published on 30 October 2015. The e-Tax Guide explains how a partially exempt...