by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
On 17 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Eighth Edition of the e-Tax Guide – GST Guide for Retailers participating in the Tourist Refund Scheme and replaced the seventh edition published on 8 November 2017. The e-Tax...
by admin | Jul 18, 2018 | Goods and Services Tax, Tech News
On 17 July 2018, the Inland Revenue Authority of Singapore (IRAS) has clarified that a refund of GST paid on goods through the tourist refund scheme can only be requested by someone who is the purchaser of the goods. Alipay has also been accepted as a new mode of...
by admin | Jul 12, 2018 | Goods and Services Tax, Tech News
Input tax incurred in the making of exempt supplies is not claimable generally except if the De Minimis Rule is satisfied. The De Minimis Rule allows GST-registered businesses to claim input tax on exempt supplies. On 10 July 2018, the Inland Revenue Authority of...
by admin | Jul 11, 2018 | Goods and Services Tax, Income Tax, Tech News
On 4 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Second Edition of IRAS e-Tax Guide: Tax Framework for Corporate Amalgamations. This e-Tax Guide was first published on 20 January 2010 to facilitate mergers and consolidations of...
by admin | Jul 11, 2018 | Goods and Services Tax, Income Tax, Property Tax, Tech News
On 6 July 2018, the Inland Revenue Authority of Singapore (IRAS) has announced that from 1 September 2018, CorpPass will be the only login method for online corporate transactions with the Government. This replaces the previous EASY authorisation system. CorpPass is a...
by admin | Jun 28, 2018 | Goods and Services Tax, Tech News
On 22 June 2018, the Goods and Services Tax Act (Amendment of First Schedule) Order 2018 (S 415/2018) was published in the Government Gazette (electronic edition) and came into operation on 25 June 2018. Paragraphs 1(1), 1(2), 1(3), 4(1), 7 and 8(1)(a)(ii)(B) of the...
