by admin | Dec 16, 2018 | Goods and Services Tax, Tech News
On or about 13 December 2018, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide on GST: Customer Accounting for Prescribed Goods (Second Edition) which replaces the first edition published on 15 September 2017. The amendments clarify the...
by admin | Nov 14, 2018 | Goods and Services Tax, Income Tax, Tech News
On 12 November 2018, the Income Tax (Amendment) Act 2018 was gazetted and published in the electronic gazette. These legislative amendments is to effect changes announced in Budget 2018: changes arising from the periodic review of the income tax system and changes to...
by admin | Nov 3, 2018 | Goods and Services Tax, Tech News
On 1 November 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the following IRAS e-Tax Guide(s) on GST on information involving hand-carried goods under relating to the Hand-Carried Exports Scheme (HCES). The following summarises these updates and...
by admin | Nov 2, 2018 | Goods and Services Tax, Tech News
From April 2020, the Britain will introduce a new 2% digital services tax aimed at tech giants, as announced by the British finance minster, Chancellor of the Exchequer Philip Hammond, during his Autumn 2018 budget presentation in London on 29 October 2018. The new...
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...