by admin | Aug 4, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released two new summaries of income tax advance rulings concerning the tax treatment of gains from property disposals and deferred distributions received from a foreign trust. The summaries provide further insight...
by admin | Aug 1, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has revised Form IR8A, Appendix 8A and Appendix 8B for the Year of Assessment (YA) 2027. Employers should ensure that the updated forms and related reporting requirements are incorporated into their 2026 payroll...
by admin | Jul 31, 2026 | Accounting, Income Tax, Tech News
From Year of Assessment (YA) 2026, Singapore’s Life Insurance Relief has been broadened so that a wife may claim relief for qualifying premiums she pays on her husband’s life insurance policy. The change removes the previous difference in treatment, under which...
by admin | Jul 31, 2026 | Accounting, Income Tax, Tech News
With effect from Year of Assessment (YA) 2026, Singapore’s Spouse Relief and Spouse Relief (Disability) rules have been broadened to include qualifying maintenance payments made by legally separated wives to their husbands. The change removes the previous gender-based...
by admin | Jul 28, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has clarified the circumstances in which a foreign-owned investment holding company may qualify for a Singapore Certificate of Residence {COR). The updated guidance places greater emphasis on demonstrating substantive...
by admin | Jul 22, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its transfer pricing guidance to clarify which persons may be treated as related parties and how certain payments should be considered when determining the value of transactions reported in the Related Party...