by admin | Nov 28, 2025 | Accounting, Auditing, Income Tax, Property Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has confirmed the Government’s implementation of a one-off Property Tax Rebate for the 2026 year of assessment, applicable to all owner-occupied residential properties. The rebate is structured as follows: HDB Flats: A...
by admin | Nov 28, 2025 | Accounting, Auditing, Income Tax, Tech News
The Income Tax (Amalgamation of Companies) (Amendment) Regulations 2025, gazetted 27 November 2025, introduce a critical modification to the Enterprise Innovation Scheme (EIS) capping rules for corporate amalgamations. Key Change: For the Year of Assessment (YA) in...
by admin | Nov 26, 2025 | Accounting, Income Tax, Tech News
The Ministry of Finance has enacted the Income Tax (Exemption of Income of Prescribed Persons Arising from Funds Managed by Fund Manager in Singapore) (Amendment) Regulations 2025. These amendments, gazetted on 24 November 2025, refine the operational and definitional...
by admin | Nov 26, 2025 | Accounting, Goods and Services Tax, Income Tax
The Accounting Standards Council (ASC) has enacted Singapore Financial Reporting Standards 118 [SFRS(I) 18] Presentation and Disclosure in Financial Statements, effective for annual periods beginning on or after 1 January 2027. This standard, aligning with IFRS 18,...
by admin | Nov 20, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released the 8th edition of the Transfer Pricing Guidelines (TPG), introducing a pilot implementation of the Simplified and Streamlined Approach (SSA) for baseline marketing and distribution activities. The pilot...
by admin | Nov 15, 2025 | Accounting, Income Tax, Tech News
The protocol signed on 17 April 2023 between the Governments of Singapore and Brazil—intended to amend the existing DTA and the accompanying May 2018 Protocol—has officially entered into force on 12 November 2025. The amendment specifically rectifies minor translation...
