by admin | May 20, 2026 | Accounting, Goods and Services Tax, Tech News
GST-registered businesses in Singapore will progressively be required to transmit invoice data to IRAS through InvoiceNow-ready accounting or finance solutions. The obligation will be phased in from 1 November 2025 to 1 April 2031, depending on the business’s GST...
by admin | May 19, 2026 | Auditing, Sustainability Reporting, Tech News
To many small accountancy practices, the word “sustainability” not only refers to environmental responsibility, but one that can remain profitable, resilient, relevant, and valuable to clients over the long term. From the perspective of a small practice, one important...
by admin | May 19, 2026 | Accounting, Sustainability Reporting, Tech News
Building on the four-part series on substaintability business, this practical analysis draws on observed successes and recurring challenges across organisations of all sizes. These steps are designed for immediate implementation, regardless of an organisation’s level...
by admin | May 18, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) is proposing to require all companies to submit corporate income tax assessment revisions and objections through its Revise/Object to Assessment digital service from 1 July 2027. The proposal is expected to be subject...
by admin | May 18, 2026 | Accounting, Income Tax, Tech News
Entities with interests in subsidiaries, joint arrangements, associates or unconsolidated structured entities should ensure that their SFRS(I) 12 disclosure assessment is complete and properly documented. The standard also requires transparent disclosure of...