Latest News

Turnover hasn't hit S$1 million yet? Don't get complacent — the InvoiceNow era has begun. Business owners and finance leaders: do you assume that as long as your company's turnover stays below a certain figure, GST registration is something you can put off? If so, you may be sitting on a hidden compliance risk. In 2026, Singapore's GST rules — especially the registration thresholds and digitalisation requirements — have changed significantly. This article breaks down those updates so you can pinpoint exactly when GST registration kicks in and avoid unnecessary penalties and business disruption.

Compliance is a critical part of running a company in Singapore. A recent enforcement case highlighted by ACRA serves as an important reminder to company directors, business owners, and corporate service providers: authorising a filing does not remove the responsibility to ensure that the information submitted is true, accurate, and properly authorised.

Singapore's position as a leading global wealth management hub has solidified in recent years, leading to an explosive growth in the number of Single Family Offices (SFOs). However, as the market environment evolves and regulatory requirements tighten, the Monetary Authority of Singapore (MAS) has significantly shifted its policy direction regarding the 13O and 13U tax incentive schemes. Moving away from a strategy of "scale expansion," MAS is now emphasizing "quality enhancement" and "economic substance.

As 2026 approaches, business owners in Singapore are facing a new season for Corporate Income Tax (CIT) filing. Understanding the latest tax policies, filing procedures, and available reliefs is crucial. The 2026 Budget introduced several adjustments to corporate income tax policies, further enhanced by subsequent ministerial statements, aiming to help businesses cope with cost pressures and improve cash flow.

CRS and FATCA: Singapore's Cornerstone for International Tax Compliance

According to the latest announcement by the Accounting and Corporate Regulatory Authority (ACRA), key provisions of the Act will commence on 6 May 2026. This article outlines the four most significant changes that directors and companies must prepare for.