IRAS Extends Tax Filing Deadlines

IRAS Extends Tax Filing Deadlines

In light of the latest measures to manage COVID-19, the Inland Revenue Authority of Singapore (IRAS) has extending its support for taxpayers by providing an automatic extension of deadlines for tax filing for individuals and businesses. Taxpayers who can file earlier,...
IRAS Extends Tax Filing Deadlines

New Active Commute Grant – up to 80% subsidy

Good news for employees as well as employers: Singapore Government has launched a new grant called ‘Active Commute Grant’ which subsidises up to 80% of the cost for workplace to build showers and lockers so that employees can cycle or jog to work....
IRAS Extends Tax Filing Deadlines

$175 million of GST and Penalties has been recovered by IRAS.

From January 2019 to September 2019, more than 2,000 GST related cases are being investigated for GST non-compliance issues. Within this period, IRAS has since recovered $175 million in GST and penalties. As of now, 14 cases has been convicted for GST frauds and...
GST to be imposed on imported services from Jan2020

GST to be imposed on imported services from Jan2020

Effective from 1 January 2020, Goods and Services Tax (GST) will be imposed on imported services such as IT services, accounting services and marketing services etc. As digital services are easily available and accessible to anyone, customer may choose to engage...
IRAS Extends Tax Filing Deadlines

DBS and IRAS target to be cheque-free by year 2025

To align with the nation’s plan to digitalise payments, both IRAS and DBS are working together to digitalise tax payments and collections. SMEs are encouraged to use PayNow over cheque payment to increase convenience. In March 2019, IRAS had introduced PayNow as an...
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