{"id":1537,"date":"2020-01-29T14:52:34","date_gmt":"2020-01-29T06:52:34","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1537"},"modified":"2020-02-29T15:04:47","modified_gmt":"2020-02-29T07:04:47","slug":"iras-issue-e-tax-guide-gst-fringe-benefits-fourth-edition","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2020\/01\/29\/iras-issue-e-tax-guide-gst-fringe-benefits-fourth-edition\/","title":{"rendered":"IRAS issue e-Tax Guide GST: Fringe Benefits (Fourth Edition)"},"content":{"rendered":"\n<p>On or about 29 January 2020, the Inland Revenue Authority of Singapore   (IRAS) has published the fourth edition of the e-Tax guide, GST: Fringe Benefits.  It replaces the third edition published on 27 July 2018.<\/p>\n\n\n\n<p>This e-Tax guide explains the GST treatment for goods and services provided by a GST-registered person to his employees as fringe benefits. Specifically, it explains when  a GST-registered person  is allowed to claim the GST incurred on fringe benefits and whether he is required to account for GST when these benefits are given free to his employees.<\/p>\n\n\n\n<p>\nIn this fourth edition, the following revisions were made: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Revised\/Inserted: <ol><li>Para 7.7 \u2013\u2013 to revise the administrative concession to allow input tax  on the first 31 days, if the provision of temporary accommodation  exceeds 31 days per occasion. New Example 3 inserted to illustrate the  application of the concession in para 7.7<\/li><li>Footnote 13 \u2013\u2013 to clarify on the definition of \u201cforeign employees\u201d<\/li><li>New administrative concession to allow all transport expenses, except  transport from home to work and vice versa during ordinary work hours  and motor car expenses that are blocked under reg <a href=\"javascript:void(0)\">27<\/a>. Amendments made to Example 4 to illustrate the new administrative concession<\/li><li>New Example 7 on food and beverages subsidised by the employer on its premises, and<\/li><li>Answer to Q1 of Frequently Asked Questions \u2013\u2013 to elaborate on costs  recovered from an employee in respect of his\/her family and a new  concession to allow input tax if the amount to be recovered from an  employee is not determinable upfront.<\/li><\/ol><\/li><li>Revised Annex C for editorial amendments as well as: <ol><li>To amend the administrative concession for temporary accommodation to allow input tax on the first 31 days<\/li><li>To include the new administrative concession for transport expenses, and<\/li><li>To clarify the GST treatment for mobile phone expenses.<\/li><\/ol><\/li><li>Inserted Annex D for information on the GST treatment of transport expenses prior to 1 February 2020.<\/li><\/ul>\n\n\n\n<p>Source: IRAS website, 29 January 2020<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On or about 29 January 2020, the Inland Revenue Authority of Singapore (IRAS) has published the fourth edition of the e-Tax guide, GST: Fringe Benefits. It replaces the third edition published on 27 July 2018. This e-Tax guide explains the GST treatment for goods and services provided by a GST-registered person to his employees as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9,6],"tags":[],"class_list":["post-1537","post","type-post","status-publish","format-standard","hentry","category-gst","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=1537"}],"version-history":[{"count":1,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1537\/revisions"}],"predecessor-version":[{"id":1538,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1537\/revisions\/1538"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1537"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}