Transfer Pricing and VAT/GST – Key Interactions You Cannot Ignore
Recent case law and administrative guidance across the EU, Singapore, and Australia confirm that transfer pricing (TP) arrangements are no longer just an income tax concern – they have direct and often overlooked implications for VAT/GST. The Core Link A transfer...
Using Public Data for Workforce Planning
Singapore employers face a tightening labour market. The resident workforce has passed its peak, and the number of working‑age citizens is now declining. Yet many organisations still make workforce decisions based on instinct rather than data – despite a wealth of...
Key Updates and Practical Gaps to GST ASK Administrative Concessions
This technical note summarises the key features, practical applications, and current limitations of the IRAS GST Assisted Self‑Help Kit (ASK) administrative concessions, based on the latest guidance and common industry scenarios. Policy Intent ASK concessions aim to...
Key Transfer Pricing Developments – IRAS 8th Edition E-Tax Guide
Following the release of the 8th Edition of the IRAS Transfer Pricing Guidelines (E-Tax Guide), several significant changes and clarifications have taken effect. This note summarises the key technical amendments relating to TP documentation, financial transactions...
Enhancements to Corporate Income Tax Rebate for YA 2026
Following the Budget 2026 Statement, the following baseline measures were previously confirmed for Year of Assessment (YA) 2026: A Corporate Income Tax (CIT) Rebate set at 40% of tax payable. A CIT Rebate Cash Grant of $1,500 for active companies that employed at...
Commencement of Amendments to the Accountants Act 2004
The Corporate and Accounting Laws (Amendment) Act 2025 introduces targeted amendments to the Accountants Act 2004, with staggered implementation commencing May 2026. From a professional accountant’s perspective, the following material changes and practical...
Cyber Resilience for SMEs: Part 2 Beyond the 3-2-1 Rule – Implementing Ransomware-Resilient Backup Architectures
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
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
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
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...