by admin | Feb 20, 2018 | Goods and Services Tax, Tech News
IRAS is seeking public consultations with respect to taxing imported services by way of a reverse charge following the 2018 Budget announcement. It has issued the following two draft e-Tax guides: GST: Taxing imported services by way of reverse charge — This relates...
by admin | Feb 19, 2018 | Goods and Services Tax
The Finance Minister has announced in his 2018 Budget on 19 February 2018 that the government plans to increase the GST rate by 2%, from 7% to 9%, sometime in the periods of 2021 to 2025. The exact timing for the increase will depend on the state of the economy,...
by admin | Oct 28, 2017 | Goods and Services Tax, Tech News
The third edition of the IRAS e-Tax Guide on GST: Clarification on “Directly in Connection With” and “Directly Benefit” (Third edition) was published on 26 October 2017. It provides guidance on the interpretation and application of the two...
by admin | Aug 11, 2017 | Goods and Services Tax, Tech News
On or about 11 August 2017, the Inland Revenue Authority of Singapore (IRAS) has amended the first edition of the e-Tax Guide GST: Guide on Approved Import GST Suspension Scheme. This first edition was published on 1 June 2016. This e-Tax Guide explains the mechanism...
by admin | Aug 7, 2017 | Goods and Services Tax, Tech News
GSTBR Appeal No 2 of 2016, decided on 7 June 2017. Introduction: The case was an application to the Goods and Services Tax Board of Review (“GSTBR”) to determine whether the GSTBR was satisfied that Appellant would otherwise suffer hardship such that the Appellant...
by admin | Jun 19, 2017 | Goods and Services Tax, Tech News
On or about 19 June 2017, the Inland Revenue Authority of Singapore (IRAS) has released the fourth edition of the e-Tax Guide GST Guide for the Aerospace Industry. It replaces the third edition published on 1 June 2016. The revised e-Tax Guide incorporates the...