In: Bulletin
What is PEPPOL e-invoicing and how will it change the current business invoicing process ?
April 30, 2024Peppol is a global standard and it is owned by OpenPeppol who has authority over the Peppol Network, Metadata, Public Key Infrastructure and…
Read MoreIRAS InvoiceNow initiative for GST-registered businesses
April 29, 2024IRAS has announced on 15 April 2024 its InvoiceNow initiative for GST-registered businesses. GST registered business will be required to transmit…
Read MoreHow to Choose the Right Company Secretary for Your Business ?
April 26, 2024As a business owner in Singapore, appointing a company secretary is a legal requirement under the Companies Act. A company secretary…
Read MoreHow can getting an accountant helps my business ?
April 25, 2024Having an accountant can greatly benefit your business in several ways: Financial Management: Accountants ensure accurate financial records, helping you make…
Read MoreIRAS Power to deny GST input tax claims on tax compliant suppliers’ invoices in the course of business – A case of “A Deal Too Good To Be True”
October 18, 2023For GST registered company to claim GST input tax, the standard IRAS requirement is to ensure that the purchases satisfy the…
Read MoreAnti-money Laundering Probe: Company Directors be Aware of its Registered Office Address Obligations
September 21, 2023Following the recent S$2.4b anti-money probe on the 10 suspects linked to 20 Singapore live companies, 11 were not present or…
Read More3 Things That I Wish I had Learned Earlier (About the coming GST rate change from 8% to 9%)
September 7, 2023Don’t issue “Advance” invoices before you have delivered the goods or rendered your services to your customer. Ask your accountant to…
Read MoreApplication of GST “Open Market Value” on commercial pricing transaction – IRAS 0, Herbalife 1
April 20, 2023In the recent court judgement on 6 March 2023, IRAS failed to enforce the application of open market value on the…
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