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...
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...
At YYC, we understand the importance of staying compliant with Singapore’s tax regulations while maximizing efficiency for businesses. Submitting GST (Goods and Services Tax) returns can seem like a...
At YYC, we empower businesses to navigate Singapore’s tax landscape with clarity and confidence. If you’re operating in Singapore, understanding the Goods and Services Tax (GST) requirements is essential...
Choosing the right tax agent in Singapore is one of the most impactful decisions you can make for your business. Singapore’s tax system is structured and efficient, but navigating...
The government on Friday announced an RM 421 billion expansionary Budget for 2025. The national Budget comprises RM335 billion in operating expenditure and RM86 billion in development expenditure. 2025年财政预算案总开销高达4,210亿令吉，其中3,350亿令吉是用于行政开销，860亿令吉是用于发展开销...
As a business owner in Singapore, it’s essential to understand what qualifies as taxable and non-taxable income to ensure compliance with tax regulations. Below is a detailed breakdown of...