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Goods and Services Tax (GST)

GST – Transfer of Business as Going Concern

In accordance with the GST Act, any supply of goods or services made by a taxable person in the course or furtherance of his business is chargeable to GST. Where a taxable person transfers or disposes of his business assets, whether or not for a consideration, is making a supply [...]

By |2019-08-20T23:38:38+08:00November 1st, 2018|Goods and Services Tax (GST)|0 Comments

Best practices for engaging tax agents

Last Updated: 24 Feb 2019 Tax compliance is part and parcel of every business in almost all countries. Without proper tax compliance, businesses will run into trouble with tax authorities. Fines, penalties, freezing bank accounts, summons, court’s attendances, imprisonment, not allowing errant taxpayers leaving the country are some of the [...]