by admin | Feb 11, 2020 | Income Tax, Tech News
The Ministry of Finance (MOF) said that the Deputy Prime Minister and Finance Minister Heng Swee Keat would deliver Singapore’s 2020 Budget Statement in Parliament on 18 February 2020 at 3 pm. The MOF together with government feedback portal Reach and the People’s...
by admin | Feb 7, 2020 | Income Tax, Tech News
On or about 7 February 2020, the Inland Revenue Authority of Singapore (IRAS) updates information on “bulk extension for filing of individual income tax returns for YA 2020”. The IRAS will allow one common bulk extension on 30 June 2020 for all tax agents to file...
by admin | Feb 7, 2020 | Income Tax, Tech News
On or about 7 February 2020, the Second Minister for Finance and Education Indranee Rajah said in a radio interview that Budget 2020 will be “comprehensive”, with “assurance and support” to those families and households affected by the novel coronavirus outbreak. Ms...
by admin | Feb 6, 2020 | Goods and Services Tax, Tech News
The Government had announced during Budget 2018 that it plans to raise the GST from 7% to 9%, sometime between 2021 and 2025, while Singapore faced growing expenditures in healthcare, security and other forms of social spending. This is expected to raise additional...
by admin | Feb 6, 2020 | Income Tax, Tech News
On or about 6 February 2020, the Inland Revenue Authority of Singapore (IRAS) has published on its website that the Exchange of Information (EOI) Arrangement signed between Singapore and the United States of America on 13 November 2018, will enter into force on 5...
by admin | Feb 5, 2020 | Income Tax, Tech News
The findings from REACH (the government feedback unit) and the People’s Association (PA) on 5 February 2020 revealed that worries over climate change and the looming goods and services tax (GST) hike were also among the key concerns for the public with regards to...
