by admin | Jul 1, 2020 | Income Tax, Tech News
On or about 30 Jun 2020, the Inland Revenue Authority of Singapore (IRAS) has published an Income Tax Advance Ruling Summary No. 3/2020 with regards to “Expenditure incurred to acquire a new business”. The Subject was whether: Whether company may claim a...
by admin | Feb 18, 2020 | Income Tax, Property Tax, Tech News
On or about 18 February 2020, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide on Property Tax Rebate for Qualifying Commercial Properties — Budget 2020. This e-Tax Guide provides details on the property tax rebate for qualifying...
by admin | Feb 11, 2020 | Income Tax, Tech News
On or about 11 February 2020, the Inland Revenue Authority of Singapore (IRAS) updates information on List of Reportable Jurisdictions for 2020 Common Reporting Standard (CRS) information reporting. The CRS is an internationally agreed standard for the automatic...
by admin | Feb 11, 2020 | Income Tax, Tech News
The Ministry of Finance (MOF) said that the Deputy Prime Minister and Finance Minister Heng Swee Keat would deliver Singapore’s 2020 Budget Statement in Parliament on 18 February 2020 at 3 pm. The MOF together with government feedback portal Reach and the People’s...
by admin | Feb 7, 2020 | Income Tax, Tech News
On or about 7 February 2020, the Inland Revenue Authority of Singapore (IRAS) updates information on “bulk extension for filing of individual income tax returns for YA 2020”. The IRAS will allow one common bulk extension on 30 June 2020 for all tax agents to file...
by admin | Feb 7, 2020 | Income Tax, Tech News
On or about 7 February 2020, the Second Minister for Finance and Education Indranee Rajah said in a radio interview that Budget 2020 will be “comprehensive”, with “assurance and support” to those families and households affected by the novel coronavirus outbreak. Ms...