Insights

Entering Invoicing Details Into The Customer’s Platform And Self-billing Arrangement – A Cut From The Same Cloth
The Inland Revenue Authority of Singapore (“IRAS”) has recently updated their GST e-tax guide on “Record Keeping Guide for GST…

NEW! GST E-tax Guide on Transfer Pricing Adjustment
The IRAS has published the first edition of the GST e-tax guide on transfer pricing on 9 November 2020.

Claiming Of Input Tax On Expenses Incurred During The COVID-19 Pandemic: The Devil Is In The Detail
The IRAS has updated their website on 1 September 2020 and provided guidance on whether expenses incurred for employees to support them during the Covid-19 pandemic can be claimed as

[SCTP] GST Risks and Controls Series: Self-Billing Arrangement
The IRAS has updated their website content on self-billing arrangement on 6 August and they have provided two

[SCTP] Should You Take Part in a GST ACAP or ASK Review?
There are two main GST compliance initiatives introduced by the IRAS to help GST registered businesses voluntarily comply – Assisted Compliance Assurance….

GST E-tax Guide on Exemption of Investment Precious Metals (IPM)
The GST e-tax guide has been updated on the exemption of Investment Precious Metals (IPM), with more examples of qualifying bars, ingots and wafers. In order to qualify as….