by admin | Apr 30, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a GST Advance Ruling Summary No. 1/2025, clarifying the Goods and Services Tax (GST) treatment for dedicated IP transit services supplied internationally by a Singapore-based Internet Service Provider (ISP)....
by admin | Apr 3, 2025 | Accounting, Goods and Services Tax, Tech News
New data released by the Inland Revenue Authority of Singapore (IRAS) indicates sustained adoption and high retention rates for the Assisted Compliance Assurance Programme (ACAP). According to statistics published on the IRAS website on 1 April 2025: Cumulative...
by admin | Apr 2, 2025 | Accounting, Goods and Services Tax, Tech News
Significant procedural changes for appealing Goods and Services Tax (GST) decisions to the Board of Review (the Board) took effect from 1 April 2025. are now in force. MOF has announced on amendments to the Goods and Services Tax (Appeals Procedure for Board of...
by admin | Mar 11, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has formalised requirements for GST-registered businesses to adopt the nationwide InvoiceNow (Peppol) network for transmitting invoice data. On 7 March 2025, IRAS published the definitive e-Tax Guide “GST:...
by admin | Mar 5, 2025 | Accounting, Goods and Services Tax, Tech News
Businesses required to register for Goods and Services Tax (GST) on a prospective basis will benefit from a newly announced 2-month grace period before mandatory GST charging commences. The measure, announced by the Second Minister for Finance on 28 February 2025,...
by admin | Feb 27, 2025 | Accounting, Goods and Services Tax, Tech News
Significant procedural changes for appealing Goods and Services Tax (GST) decisions in Singapore will take effect on 1 April 2025. The newly published Goods and Services Tax (Appeals Procedure for Board of Review) (Amendment) Regulations 2025 amend the 2023...