With the recent opening of Corporate Tax Season this year, it is in the best interest of Singapore companies and businesses to learn more about tax reliefs, schemes and incentives offered by the Inland Revenue Authority of Singapore (IRAS) to maximize their tax savings. Singapore has maintained a high Global [...]
The COVID-19 pandemic has adversely impacted the global economy, hitting Singapore companies and businesses affected by preventive circuit breaker measures implemented in the country. The Singapore government has since announced various support schemes in the form of income tax rebate and reliefs for FY2020. Among these measures is the property [...]
Earlier this month, the Inland Revenue Authority of Singapore (IRAS) has announced individuals may claim certain tax deductions on expenses incurred while performing work duties from home. With circuit breaker rules progressively lifted, and as part of Singapore’s phase one reopening measures, many employees are starting to return to their [...]
The COVID-19 crisis has adversely impacted the global economy and Singapore companies and businesses were also negatively impacted by the various circuit breaker measures implemented. The Singapore government has since announced various support schemes in the income tax rebate and reliefs area for YA2020. The schemes were first announced in [...]
COVID-19 has adversely impacted the global economy just as Singapore companies and businesses suffered negative by the various circuit breaker measures implemented. This has also mainly affected the livelihoods of many Singaporeans as many faced the prospect of retrenchment and lower-income. The Singapore government has since announced various support schemes [...]
IRAS property tax bills in Singapore are traditionally sent by the Inland Revenue Authority of Singapore (IRAS) on December 31 each year, while property owners can also use the IRAS property tax calculator to estimate their 2020 property tax payment. This property tax bill reflects the amount to be paid [...]
As we usher in the new year in 2020, the tax season is approaching once again. The deadline for YA2019 income tax filing for companies recently elapsed last December 19, 2019. On the other hand, individual taxpayers are required to submit their income tax filing by April 2020 for [...]
