by admin | Feb 25, 2022 | Accounting, Income Tax, Tech News
On or about 23 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updates its website content to Interbank Offered Rate reform. In view of the global Interbank Offered Rate (“IBOR”) reform, the Singapore Overnight Rate Average (“SORA”) will replace...
by admin | Feb 22, 2022 | Income Tax, Tech News
On or about 21 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updated its website to how to participate in the International Compliance Assurance Programme (ICAP). The ICAP is a voluntary risk assessment and assurance programme to facilitate...
by admin | Feb 21, 2022 | Employment, Income Tax, Tech News
On or about 18 Feb 2022, the Minister for Finance, Mr. Lawrence Wong, delivered his Budget Statement for the Financial Year 2022. Tax changes – Individuals Enhance the progressivity of Personal Income Tax (“PIT”) of tax-resident individual taxpayers The top...
by admin | Feb 21, 2022 | Income Tax, Tech News
On or about 18 Feb 2022, the Minister for Finance, Mr. Lawrence Wong, delivered his Budget Statement for the Financial Year 2022. Support for Workers and Businesses Progressive Wage Credit Scheme The Progressive Wage Credit Scheme provides transitional wage support...
by admin | Feb 21, 2022 | Income Tax, Tech News
On or about 18 Feb 2022, the Minister for Finance, Mr. Lawrence Wong, delivered his Budget Statement for the Financial Year 2022. Enhance the Tax Incentive Scheme for Funds Managed by Singapore-based Fund Manager (“Qualifying Funds”) To continue growing Singapore’s...
by admin | Feb 21, 2022 | Income Tax, Tech News
On or about 18 Feb 2022, the Minister for Finance, Mr. Lawrence Wong, delivered his Budget Statement for the Financial Year 2022. Extend the broad-based withholding tax (“WHT”) exemption for container lease payments made to non-tax-resident lessors under operating...
