by admin | Jul 17, 2026 | Accounting, Income Tax, Tech News
IRAS has confirmed that all partnerships must submit Form P electronically from the Year of Assessment (YA) 2027. Partnerships with more than 10 partners will also be required to complete and upload the Partnership Allocation Template when e-Filing. Tax and compliance...
by admin | Jul 17, 2026 | Accounting, Goods and Services Tax, Tech News
IRAS has updated its guidance on the GST treatment of benefits supplied to employees, including accommodation, mobile phones, transport, meals, gifts, clothing and grooming-related items. The update provides more detailed, scenario-based explanations but does not...
by admin | Jul 16, 2026 | Accounting, Auditing, Ethics, Tech News
Singapore’s Corporate Service Providers Act 2024 and its subsidiary legislation took effect on 9 June 2025, replacing the previous registered filing agent framework with a broader regulatory regime. The legislation extends registration and anti-money laundering...
by admin | Jul 16, 2026 | Accounting, Income Tax, Tech News
The International Accounting Standards Board (IASB) has proposed amendments to the IFRS Accounting Taxonomy 2025. The changes are intended to support structured digital reporting under IFRS 20, recent amendments to IAS 21 and the revised disclosure requirements in...
by admin | Jul 15, 2026 | Accounting, Income Tax, Tech News
Singapore’s Multinational Enterprise Top-up Tax and Domestic Top-up Tax apply for financial years beginning on or after 1 January 2025. For affected multinational groups, the immediate priority is no longer registration alone, but the establishment of a reliable...
by admin | Jul 14, 2026 | Accounting, Artificial Intelligence (AI), Tech News
The development of agentic artificial intelligence is expanding the role of AI from generating content and analysis to initiating transactions, accessing multiple systems and completing multi-step business processes. For finance functions, this creates opportunities...
