Announcement from IRAS (15 January 2025) The Inland Revenue Authority of Singapore (IRAS) has announced new rules on transport expense reimbursements. Starting immediately, businesses must keep clear records of...
What is a Tax Computation? A tax computation is a financial statement that adjusts accounting profit to determine the income chargeable for tax. These adjustments include non-deductible expenses, non-taxable...
The Inland Revenue Authority of Singapore (IRAS) has introduced the GST InvoiceNow Requirement, marking a significant step towards digital transformation for GST-registered businesses. This initiative leverages the InvoiceNow network...
As an employer in Singapore, your responsibilities include filing tax forms for your employees accurately and on time. While this might sound daunting, breaking it down makes it easier...
Big changes are coming to Johor Bahru and Singapore’s cross-border connection, and they could seriously improve how we live, work, and travel in the region. The Johor-Singapore Special Economic...
Understanding corporate income tax doesn’t have to be complicated. Here’s a simplified guide to help you navigate the tax system in Singapore and ensure your business remains compliant. What...
Filing corporate income tax returns may seem complex, but understanding the basics can make the process easier. This guide breaks down the filing requirements and deadlines for companies in...
Transfer pricing documentation is essential for businesses involved in transactions with related parties. It’s not just about following regulations—it’s about ensuring transparency and compliance while minimizing the risk of...
Singapore’s Budget 2025 introduced a series of tax incentives designed to support businesses, drive innovation, and strengthen the nation’s economic resilience. Here’s a breakdown of four key tax measures...
Transfer pricing might sound complex, but at its core, it’s all about ensuring fair pricing in transactions between related parties, such as branches, head offices, or businesses under common...