30 August 2023

Singapore – Public Holiday on Polling Day – 1 September 2023

In accordance with Section 17 of the Presidential Elections Act, Polling Day which falls on Friday, 1 September 2023, will be a public holiday.
3 July 2023

Singapore – Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Act 2023 to come into effect on 1 July 2023

As part of the Ministry of Finance (MOF) and ACRA’s regular review of the Companies Act 1967 (CA), the Companies, Business Trusts and Other Bodies (Miscellaneous […]
6 April 2023

Singapore – Implementation of Enhanced Medical Insurance for Foreign Employees to Better Support Employers

From 1 July 2023, the Ministry of Manpower (MOM) will enhance the minimum medical insurance (MI) required for all new and existing Work Permit (including migrant domestic workers) […]
13 March 2023

Singapore – Serving the Accountancy Sector as One Entity

With effect from 1 April 2023, the Accounting and Corporate Regulatory Authority (ACRA), the Singapore Accountancy Commission (SAC) and the Accounting Standards Council (ASC) will merge […]
24 February 2023

Hong Kong – Budget 2023/24

Highlights Issue HKD5,000 electronic consumption vouchers to each eligible Hong Kong permanent resident and new arrival aged 18 or above Reduce profits tax, salaries tax and […]
24 February 2023

Singapore – Budget 2023

Philanthropy Tax Incentive Scheme for Family Offices A tax incentive scheme will be introduced for qualifying donors with Family Offices operating in Singapore. To qualify, donors […]
17 February 2023

Singapore – New trustBar verification service for Business Profiles and Business Certificates (Incorporation/Registration)

On 26 February 2023, Accounting and Corporate Regulatory Authority (ACRA) will launch a new verification service to give added assurance to businesses and the public using […]
7 February 2023

Singapore – Updates to List of CRS Reportable Jurisdictions (2023)

On 1 February 2023, the Inland Revenue Authority of Singapore (IRAS) updated the list of Reportable Jurisdictions for the Common Reporting Standard (CRS) in respect of […]
3 January 2023

Singapore – January 2023 updates

GST rate up from 7% to 8% Singapore increases its goods and sales tax (GST) on 1 January 2023, from 7% to 8%. The hike is […]