by admin | Dec 30, 2025 | Accounting, Auditing, Income Tax, Tech News
The Ministry of Finance has officially announced that the FY2026 Budget Statement will be delivered by Prime Minister and Minister for Finance, Mr. Lawrence Wong, before Parliament on Thursday, 12 February 2026. The Budget will be disseminated via live television and...
by admin | Dec 30, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority has formally codified a suite of tax exemptions for shipping enterprises through the Income Tax (Shipping Enterprises — Section 13(4) Exemption) Notification 2025. This move provides long-awaited legislative clarity, retroactively applying...
by admin | Dec 27, 2025 | Accounting, Auditing, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued the third edition of its e-Tax Guide on the Income Tax Treatment of Hybrid Instruments, effective 26 December 2025. This update provides critical clarifications for issuers, holders, and their professional...
by admin | Dec 26, 2025 | Accounting, Auditing, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has issued Audit Practice Guidance No. 1 of 2025, titled “Delivering Quality Audits in a Technology-Driven Environment”, addressing the implications of rapid technological change on audit quality and audit...
by admin | Dec 23, 2025 | Accounting, Employment, Income Tax, Tech News
A recent decision by the Singapore Income Tax Board of Review (UZF & Anor v Comptroller of Income Tax [2025] SGITBR 4) provides critical guidance on characterizing payments to key personnel in a company sale. The Board ruled that post-sale “Annual Additional...
by admin | Dec 16, 2025 | Accounting, Auditing, Income Tax, Tech News
The Income Tax (Land Intensification Allowance) (Amendment) Regulations 2025, gazetted on 12 December 2025, formally update the LIA framework with effect for planning permission applications submitted on or after 1 January 2026. Core Amendments: The revisions modify...
