{"id":653,"date":"2018-07-28T09:09:44","date_gmt":"2018-07-28T01:09:44","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=653"},"modified":"2018-07-28T10:37:28","modified_gmt":"2018-07-28T02:37:28","slug":"guide-on-gst-fringe-benefits-revised","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2018\/07\/28\/guide-on-gst-fringe-benefits-revised\/","title":{"rendered":"Revision to e-Tax Guide on GST fringe benefits"},"content":{"rendered":"<p class=\"hP\"><span style=\"color: #000000;\">On 27 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Third Edition of the e-Tax Guide on <i>GST: Fringe Benefits<\/i>. The following were the amendments:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Footnote 11 \u2013 to elaborate on the meaning of \u2018any other cost\u2019 in the explanation of business goods used by employees for private purposes<\/span><\/li>\n<li><span style=\"color: #000000;\">Paragraph 6.10 \u2013 to add \u2018lunch time talks held for employees\u2019 to the examples of events organised to promote staff interaction<\/span><\/li>\n<li><span style=\"color: #000000;\">Paragraph 7.7 \u2013 to change the period of what is regarded as \u2018temporary accommodation\u2019 provided to foreign employees from 30 days to 31 days and to clarify that full input tax will be disallowed so long as this period is exceeded<\/span><\/li>\n<li><span style=\"color: #000000;\">Paragraph 7.12 \u2013 to extend the concession to transport expenses incurred to shuttle employees to and fro events and activities organized by the company and make clear that expenses incurred directly in connection with any motor car remain blocked under regulation 27 of the GST (General Regulations).<\/span><\/li>\n<li><span style=\"color: #000000;\">Footnote 13 \u2013 to remove the \u2018bus-stop condition\u2019 in determining whether a workplace is regarded as remote<\/span><\/li>\n<li><span style=\"color: #000000;\">Footnote 15 \u2013 to clarify that input tax relating to flexible benefits is not claimable regardless of the nature of the goods and services procured using the flexible benefits budget and even if the company has the supporting receipt or invoice.<\/span><\/li>\n<li><span style=\"color: #000000;\">Annex C (Accommodation and related household expenses) \u2013 to address the scenario where an additional phone is given to the employee to be used solely for business purposes and inserted footnote 17 to clarify that output tax need to be accounted for if the phone is given away to the employee. <\/span><\/li>\n<li><span style=\"color: #000000;\">Inserted footnote 19 to Annex C (Transport and related expenses) to clarify that input tax incurred on chauffeur\/driver services in relation to a motor car is not claimable<\/span><\/li>\n<\/ul>\n<p class=\"hP\"><span style=\"color: #000000;\">Source: <i>IRAS<\/i>, 28 July 2018<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 27 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Third Edition of the e-Tax Guide on GST: Fringe Benefits. The following were the amendments: Footnote 11 \u2013 to elaborate on the meaning of \u2018any other cost\u2019 in the explanation of business goods used by employees for private purposes Paragraph 6.10 [&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-653","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\/653","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=653"}],"version-history":[{"count":3,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/653\/revisions"}],"predecessor-version":[{"id":656,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/653\/revisions\/656"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=653"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}