by admin | Jan 31, 2020 | Income Tax, Tech News
Singapore’s National Development Minister Lawrence Wong said that the Government is studying how best to support the hospitality, tourism, retail, and food and beverage sectors that have been hit by the Wuhan virus outbreak. The Minister addressing the Real Estate...
by admin | Jan 31, 2020 | Income Tax, Tech News
On or about 31 January 2020, the Inland Revenue Authority of Singapore (IRAS) has updated its website contents on Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Singapore has participated in the...
by admin | Jan 29, 2020 | Goods and Services Tax, Tech News
On or about 29 January 2020, the Inland Revenue Authority of Singapore (IRAS) has published the fourth edition of the e-Tax guide, GST: Fringe Benefits. It replaces the third edition published on 27 July 2018. This e-Tax guide explains the GST treatment for goods and...
by admin | Jan 28, 2020 | Accounting, Tech News
On or about 28 January 2020, the International Accounting Standards Board (IASB) has requested views on its approach to update the IFRS for SMEs Standard, the simplified accounting standard for small and medium-sized entities. The consultation is the first step in the...
by admin | Jan 20, 2020 | Income Tax, Tech News
On or about 20 January 2020, the Inland Revenue Authority of Singapore (IRAS) has updated its content on advisory scams as the Corporate Tax filing due date is nearing. Taxpayers are advised to ignore an image of a scam email titled ‘Inland Revenue Authority of...
by admin | Jan 13, 2020 | Company Law, Goods and Services Tax, Income Tax, Tech News
On or about 5 August 2019, the Variable Capital Companies (Miscellaneous Amendments) Bill was tabled in Parliament to introduce a tax framework for variable capital companies (VCCs) incorporated under the Variable Capital Companies Act 2018 (VCC Act). On or about 24...