by admin | Nov 4, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated the e-Tax Guide “GST: Guide on Attribution of Input Tax” as of 31 October 2025, introducing refinements intended to enhance clarity around the GST treatment of general overheads, office rental, and utilities...
by admin | Nov 4, 2025 | Accounting, Employment, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its administrative guidance on the GST treatment of fringe benefits, specifically in relation to used uniforms, protective clothing, work-related supplies, and input tax claims on overseas vendor (OVR)...
by admin | Oct 24, 2025 | Accounting, Goods and Services Tax, Tech News
IRAS has announced amendments to several existing administrative concessions under the Assisted Self-Help Kit (ASK) and introduced a new concession, alongside updates to scenarios where filing of GST F7 (Disclosure of Errors Form) is no longer required. These changes...
by admin | Oct 24, 2025 | Accounting, Employment, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its public guidance on deductible and non-deductible business expenses for corporate taxpayers. The new examples provide additional clarity for companies preparing their tax computations and assessing...
by admin | Oct 21, 2025 | Accounting, Auditing, Goods and Services Tax, News
The Inland Revenue Authority of Singapore (IRAS) has released GST Essentials guidance series (Part 1) addressing the GST treatment on recovery of expenses—a recurring area of complexity for GST-registered businesses, particularly where expenses are recharged to...
by admin | Oct 17, 2025 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Finance (Income Taxes) Bill (No. 16/2025) was tabled for its first reading in Parliament on 14 October 2025. The Bill proposes amendments to three key statutes: Income Tax Act 1947 (ITA) Multinational Enterprise (Minimum Tax) Act 2024 (MMTA) Goods and Services Tax...
