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) […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]