by admin | Feb 21, 2019 | Accounting, Tech News
On or about 19 February 2019, the Institute of Singapore Chartered Accountants (ISCA) has commended the Government on Singapore Budget. ISCA highlights how it is working to help fulfill some of the initiatives in the local accounting industry, specifically: Building...
by admin | Feb 16, 2019 | Accounting, Tech News
The IASB has published a webcast which discusses the new revenue recognition model in IFRS 15 Revenue from Contracts with Customers. This is in conjunction with many companies will shortly publish full-year IFRS 15 revenue and disclosures for the first time in 2019....
by admin | Feb 16, 2019 | Income Tax, Tech News
On or about 14 February 2019, the Inland Revenue Authority of Singapore (IRAS) has published the third edition of e-Tax Guide: Tax Deductibility of General Insurers Reserves Against Incurred But Note Reported Claims (IBNR Claims). It replaces the second edition which...
by admin | Feb 6, 2019 | Goods and Services Tax, Tech News
On or about 4 February 2019, the Inland Revenue Authority of Singapore (IRAS) has published the first edition of GST e-Tax Guide: Taxing imported services by way of an overseas vendor registration regime. In Budget 2018, the Finance Minister has announced that GST...
by admin | Feb 6, 2019 | Goods and Services Tax, Tech News
On or about 4 February 2019, the Inland Revenue Authority of Singapore (IRAS) has published the first edition of GST e-Tax Guide: Taxing imported services by way of reverse charge. In Budget 2018, the Finance Minister has announced that GST would be applied on...
by admin | Feb 2, 2019 | Accounting, Tech News
On or about 18 September 2017, the Accounting Standards Council (ASC) Singapore has issued INT FRS 123 Uncertainty over Income Tax Treatments came into effect on 1 January 2019, which clarifies the accounting recognition and measurement requirements for uncertainties...
