by admin | Apr 4, 2026 | Accounting, Financial Planning, Tech News
The Problem Statement A properly executed will serves no purpose if it cannot be located after death. Even with a valid will, if no one knows of its existence or where it is stored, the testator’s intentions and plans are effectively nullified. Conversely, some...
by admin | Apr 4, 2026 | Accounting, Financial Planning, Tech News
The Central Provident Fund (CPF) interest rates are not fixed arbitrarily. They follow legislated formulas linked to market benchmarks, with guaranteed floors for certain accounts. This note explains the mechanics for Ordinary Account (OA) and...
by admin | Apr 4, 2026 | Accounting, Employment, Income Tax, Tech News
This technical note consolidates the key personal tax reliefs available to Singapore tax residents for Year of Assessment 2026. The reliefs are categorized into three groups: (i) manually claimable reliefs, (ii) automatic reliefs, and (iii) voluntary...
by admin | Apr 4, 2026 | Accounting, Tech News
In applying the revenue from contracts with customers standard, a company may sometimes need to use more than one method to estimate the stand-alone selling prices (SSP) of goods or services within a contract, particularly when two or more items have highly variable...
by admin | Apr 4, 2026 | Accounting, Employment, Income Tax, Tech News
Recent internal technical training reviewed the critical distinction between tax reliefs and tax deductions. While reliefs provide a baseline reduction to chargeable income, deductions offer a significantly larger avenue for tax savings, particularly for individuals...
by admin | Apr 3, 2026 | Accounting, Income Tax, Tech News
The Income Tax (Refundable Investment Credits) Regulations 2025 have been amended with effect from 1 April 2026. Concurrently, two Assignment of Functions notifications under section 3A of the Income Tax Act 1947 have been issued to enhance the administrative powers...
