by admin | Jan 31, 2026 | Accounting, Auditing, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) updated several e-Tax Guides on 30 January 2026 to provide crucial clarity on the legal status of administrative conditions. The tax authority confirmed that specific conditions and requirements prescribed by the...
by admin | Dec 2, 2025 | Accounting, Auditing, Goods and Services Tax, Income Tax, Tech News
The Ministry of Finance (MOF) has formally initiated its public consultation for the Singapore Budget 2026, with submissions due by 12 January 2026. The call, structured around themes of economic advancement, job security, and social progression, signals potential...
by admin | Nov 27, 2025 | Accounting, Goods and Services Tax
The Infocomm Media Development Authority (IMDA) has published the InvoiceNow Enterprise Best Practice Guide, a critical technical resource for enterprises planning to integrate the nationwide InvoiceNow e-invoicing network directly with their in-house Enterprise...
by admin | Nov 26, 2025 | Accounting, Goods and Services Tax, Income Tax
The Accounting Standards Council (ASC) has enacted Singapore Financial Reporting Standards 118 [SFRS(I) 18] Presentation and Disclosure in Financial Statements, effective for annual periods beginning on or after 1 January 2027. This standard, aligning with IFRS 18,...
by admin | Nov 25, 2025 | Accounting, Goods and Services Tax, Tech News
Singapore Customs administers the Temporary Import/Export Scheme (TIS), a facilitative regime allowing for: The temporary importation of goods for approved purposes for up to six (6) months with suspension of Goods and Services Tax (GST) and import duties. The...
by admin | Nov 19, 2025 | Accounting, Auditing, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has refreshed and reorganised its online guidance relating to Goods and Services Tax (GST) on imported goods. The updates consolidate key examples previously embedded in FAQs into the main GST webpages, offering clearer...
