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em@pwco.com.sg

Esther Mok

About Esther Mok

Esther Mok is a Fellow member of The Association of International Accountants, UK and an Approved Accredited Tax Advisor specializing in both Income Tax and GST with Singapore Institute of Accredited Tax Professionals (SIATP). She has behind her more than 20 years of tax experience dealing with international and local clients.

An Overview of the Singapore Corporate Tax Rate

By |2019-12-03T11:26:15+08:00December 3rd, 2019|IRAS Tax Rate|

Companies are required to file annual income tax returns to the Inland Revenue Authority of Singapore (IRAS) and pay income tax at the prevailing Singapore corporate tax rate charged on chargeable income. Chargeable income is defined as the total taxable income less deductible expenses. The final IRAS tax rate will [...]

Singapore IRAS GST legislation: Tax Facts

By |2019-12-03T10:37:51+08:00December 2nd, 2019|IRAS GST|

Goods and Services Tax or GST is a broad-based consumption tax charged in addition to the price of imported goods, as well as a wide-ranging category of goods and services in Singapore. GST is administered by IRAS and is more commonly known as the Value-Added Tax (VAT) in overseas [...]

Singapore Tax Guide: Check a Company’s GST Registration Number

By |2019-11-25T12:29:44+08:00November 18th, 2019|GST Registered Company|

By Singaporean legislation, a GST registered company may claim back GST incurred on business expenses and file quarterly GST returns to the Inland Revenue Authority of Singapore (IRAS). Goods and Services Tax or GST is a broad-based consumption tax charged in addition to the price of imported products, as [...]

Singapore Tax Guide: Acquiring a GST Registration Number

By |2019-11-25T12:28:53+08:00November 18th, 2019|GST Registered Company|

As per Singaporean legislation, individuals and companies are required to file annual income tax returns to the Inland Revenue Authority of Singapore (IRAS). Companies that apply for GST are given a GST registration number for identification purposes. GST registered companies may then file tax claims for business expenses as [...]

A basic guide to GST F5 Form Submission to IRAS

By |2019-11-25T12:30:57+08:00November 5th, 2019|IRAS GST|

By legislation, GST registered companies are required to accomplish and report their GST claims to the Inland Revenue Authority of Singapore (IRAS) through the standardised GST F5 Form. Goods and Services Tax or GST is a broad-based consumption tax charged in addition to the price of imported goods, as well [...]

Conditions for becoming a GST Registered Company in Singapore

By |2019-11-25T12:27:56+08:00November 4th, 2019|GST Registered Company|

By Singaporean legislation, the Inland Revenue Authority of Singapore (IRAS) is tasked with the administration of taxes for individuals and companies in the city-state. When filing annual income tax returns, a GST registered company may claim back GST incurred on business expenses and quarterly GST returns are submitted to IRAS.  [...]

What is ASK and How Do Businesses in Singapore Benefit from It?

By |2020-01-28T19:32:41+08:00October 25th, 2019|Goods and Service Tax (GST)|

ASK stands for Assisted Self-Help Kit and it is a program developed by the Inland Revenue Authority of Singapore (IRAS) to help businesses in assessing the accuracy of their Goods and Services Tax (GST) filings. ASK may be implemented by businesses in Singapore voluntarily, or the IRAS may also invite [...]

GST Rate Increase Singapore: Tax Facts

By |2020-01-28T19:32:21+08:00October 24th, 2019|Goods and Service Tax (GST)|

Late last year, the Singapore government announced plans to raise GST by 2 percentage points. In the Singapore Budget 2018, the next proposed GST increase will happen between 2021 and 2025, from the current rate of 7% to 9%. In the recent Singapore Budget 2019 delivered by Finance Minister, Mr [...]

Exempt supplies under Singapore GST legislation: Tax Facts

By |2019-11-25T12:20:29+08:00October 24th, 2019|Exempt Supplies GST|

As per the rules and guidelines set by the Inland Revenue Authority of Singapore (IRAS), GST may be charged on sales of locally-made goods and services rendered excluding exported goods, international services and exempt supplies. GST registered companies may claim back GST incurred on business expenses and quarterly GST returns [...]

Double Tax Deduction in Singapore: Tax Facts

By |2020-01-28T19:31:13+08:00October 17th, 2019|Taxation|

As per Singaporean legislation, individuals (employees or sole proprietors) and companies are required to file annual income tax returns to the Inland Revenue Authority of Singapore (IRAS). Among the tax incentives implemented by IRAS are double tax deductions for businesses in the city-state. What is Double Tax Deduction (DTD)? Double [...]