Cyber Resilience for SMEs: Part 2 Beyond the 3-2-1 Rule – Implementing Ransomware-Resilient Backup Architectures
by admin | Apr 8, 2026 | Accounting, Data Protection & Cybersecurity, Tech News
In the current threat landscape, backup strategies must be evaluated not only on their ability to store data but on their resilience against targeted attacks. Modern ransomware operations routinely seek out and attempt to delete or encrypt backup repositories...
Extending core debt securities tax incentives and Sunsets QPDS regime
by admin | Apr 7, 2026 | Accounting, Income Tax, Tech News
Singapore has amended the tax incentive framework for debt securities, extending the qualifying debt securities (QDS) scheme and the tax exemption for income derived by primary dealers from trading in Singapore Government securities to 31 December 2028, while allowing...
Strengthening Cyber Security across Systems and Users
by admin | Apr 5, 2026 | Accounting, Data Protection & Cybersecurity, Tech News
In alignment with evolving cybersecurity requirements, a comprehensive review of foundational and advanced security practices has been conducted, covering system protection, internet safety, encryption, and user-level risk mitigation. The findings highlight critical...
Recent and Upcoming Changes to Integrated Shield Plan Riders
by admin | Apr 4, 2026 | Accounting, Financial & Estate Planning, Tech News
From 1 April 2026, new hospital riders (IP riders) sold in Singapore are prohibited from covering the policyholder's deductible. This represents a significant shift away from "first-dollar" coverage. Policyholders who purchased riders before November 27, 2025, are on...
Will Writing and Will Registration in Singapore
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...
Understand CPF Interest Rate Determination Mechanism
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...
Overview of Tax Reliefs for YA 2026
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...
SFRS(I) 15: Multiple Methods for SSP Estimation
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...
Strategic Utilization of Tax Deductions Beyond Standard Reliefs
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...
Amendments to the Income Tax (Refundable Investment Credits) Regulations 2025 and Related Administrative Notifications
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...