by admin | Jul 31, 2025 | Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has confirmed an extension of the Year of Assessment (YA) 2025 Corporate Income Tax (CIT) Rebate cash grant, introducing a critical “active company” requirement tied to the grant’s disbursement. To...
by admin | Jul 16, 2025 | Accounting, Goods and Services Tax, Income Tax, Tech News
Over 60 countries have mandated e-invoicing or digital tax reporting frameworks, with global adoption projected to near universality by 2030. This shift promises enhanced tax compliance, reduced administrative burdens, and real-time transaction visibility for...
by admin | Jul 10, 2025 | Accounting, Income Tax, Tech News
The IFRS Foundation has significantly enhanced its educational support for the IFRS for SMEs Accounting Standard by releasing dedicated learning modules structured around each section of the standard. These modules are currently undergoing updates to reflect the...
by admin | Jul 7, 2025 | Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced the release of updated versions of two critical employer notification forms, Form IR21 and Form IR21A, on its official website. This update, pertinent to employer income tax reporting obligations, provides...
by admin | Jul 5, 2025 | Accounting, Income Tax, Tech News
The International Sustainability Standards Board (ISSB) has published two pivotal draft proposals outlining significant revisions to the SASB Standards and consequential updates to the implementation guidance for IFRS S2 Climate-related Disclosures. This marks a...
by admin | Jul 2, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released significant updates to its e-Tax guides governing the income tax treatment of Real Estate Investment Trusts (REITs) and REIT Exchange-Traded Funds (ETFs), effective 30 June 2025. These updates incorporate...