by admin | Feb 18, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released its official responses to the public consultation on the draft regulations concerning Pillar Two Global Anti-Base Erosion (GloBE) Safe Harbours and Transition Rules. The feedback has directly shaped the...
by admin | Feb 14, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a formal reminder requiring all commission-paying organisations registered under its e-Submission of Commission Income (CI) scheme to electronically file detailed commission agent income information for Year...
by admin | Feb 13, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced the commencement of the Enterprise Innovation Scheme (EIS) Cash Payout application window for Year of Assessment (YA) 2025, with specific timelines for sole proprietorships and partnerships. Application...
by admin | Feb 13, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a directive requiring specific disclosures from partnerships regarding gains derived from the disposal of foreign assets. The announcement targets gains arising in the basis period for the Year of Assessment...
by admin | Feb 12, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a critical reminder to employers regarding the upcoming deadline for submitting employment income information under the Auto-Inclusion Scheme (AIS) for Year of Assessment 2025 (income earned in 2024)....
by admin | Feb 10, 2025 | Accounting, Company Law, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has formally notified all applicable companies of their obligation to submit Income Tax Returns for the Year of Assessment (YA) 2025. The filing deadline is 30 November 2025. Entities Required to File The following...