Singapore Budget 2025: Key Tax Developments for Businesses
The SG60 Budget, themed “Onward Together for a Better Tomorrow,” reinforces Singapore’s commitment to fostering a sustainable and inclusive economy….
Record Keeping Guide for GST-Registered Businesses
This provides the record keeping requirements for businesses registered for Goods and Services Tax (“GST”) inorder to comply with Singapore…
Understanding IFRS 18: A Comprehensive Overview
The International Accounting Standards Board (IASB) has introduced IFRS 18 Presentation and Disclosure in Financial Statements, effective from April 9,…
Changes in Corporate Tax & Personal Income Tax for YA 2025
Welcome to our latest edition of Tax Insights, where we provide key updates on Singapore’s tax landscape for YA 2025….
Enhancement to Renovation & Refurbishment Scheme
Section 14N of the Income Tax Act 1947 was introduced to allow a tax deduction for qualifying capital expenses incurred…
Overview of Transport Expense Reimbursement
Reimbursement of transport expenses refers to compensating employees for costs incurred during work-related travel. However, not all expenses qualify for…