Choon Ng
GSTax Consultancy featured in "Best in Singapore"
We chanced upon this feature and would like to thank the team at "Best in Singapore" for their vote of confidence and kind recognition....
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Choon Ng
- Apr 6, 2020
- 1 min
GST returns extended from 30 Apr to 11 May 2020
In light of the latest measures that the government has introduced to combat COVID-19 last week, the filing due date for all GST returns...
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Choon Ng
- Jul 10, 2018
- 1 min
IRAS releases new video on input tax
Common errors on input tax claims explained using an info video from IRAS Around 3,000 GST-registered businesses are selected by the...
81 views0 comments
Choon Ng
- Jan 30, 2018
- 2 min
Claiming GST on Expenses for Qualifying Funds
Funds may incur GST when the fund procures services (e.g. fund management service) from GST-registered businesses. To simplify the rules...
422 views0 comments
Choon Ng
- Jan 19, 2018
- 2 min
Company Director Convicted for Unlawful GST Collection
Kumarselvam S/O Veejay Koumar (“Kumarselvam”), 31, who was a director of MV Global Trading Pte Ltd (“MV”), flouted the law when his...
29 views0 comments
Choon Ng
- Dec 21, 2017
- 3 min
Fined for GST Tourist Refund Fraud
Two foreigners, a father and his son, were convicted of one GST offence each: Former Research Fellow Zhang Baicheng, aged 33, was...
20 views0 comments
Choon Ng
- Nov 21, 2017
- 3 min
GST increase and 2020
Increased social spending; Our budget in deficit. Solution: Raise taxes. What tax, you ask? GST comes to mind for most. Why talk of GST...
281 views0 comments
Choon Ng
- Nov 16, 2017
- 2 min
More fraud cases - company director put in jail
Chen Juncun (“Chen”), a director of advertising firm Citrus Lab Pte Ltd (“CL”) and commercial printing firm Citrus Productions Pte Ltd...
34 views0 comments
Choon Ng
- Oct 20, 2017
- 2 min
GST fraud - Businessman sentenced 24 weeks
Businessman Foo Tee Suan (“Foo”), who was the sole-proprietor of FTH Enterprise (“FTH”), partner of F&T Top System Enterprise (“F&T”) and...
30 views0 comments
Choon Ng
- Oct 6, 2017
- 4 min
GST ASK - Trends and updates
Smart people learn from their mistakes. Geniuses learn from others. Adopting the GST Assisted Self-help Kit (ASK) for your business? Be a ge
127 views0 comments
Choon Ng
- Sep 15, 2017
- 1 min
New e-Tax guide on customer accounting for prescribed goods
Customer accounting for certain prescribed goods will be implemented from 1 Jan 2019 to deter fraud schemes where the seller absconds...
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Choon Ng
- Jul 21, 2017
- 2 min
Former Manager of Export Business Jailed for GST Fraud - Penalty Is More Than Half A Million
Suneel Ramchandani (“Suneel”), the former manager of Indibiz, an export business for luxury watches and electronic products, has been...
42 views0 comments
Choon Ng
- Jul 12, 2017
- 1 min
Claiming GST Incurred Before GST Registration
Newly GST registered? Do you know you can recover input tax incurred prior to your GST registration date? Maximise your GST claims. Find out
392 views0 comments
Choon Ng
- Jul 6, 2017
- 2 min
Director sentenced to 6 weeks’ jail and penalties for fraudulent GST claims
IRAS audit uncovers fraudulent claims Robofusion Asia Pte Ltd (“Robofusion”), a company that supplies robotic ice-cream kiosks, has been...
27 views0 comments
Choon Ng
- Apr 26, 2017
- 3 min
Fine & Jail for Fraudulent GST Refund Claims and Money Laundering Charges
More than 1,300 charges brought against five Five Indian nationals (“the accused persons”) – Karunanithi Saravanan (aged 36), Karunanidhi...
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Choon Ng
- Feb 27, 2017
- 2 min
Subsidized Childcare Services & Training Services
GST-registered businesses providing subsidized child care or training services are often unclear on the correct GST treatment to apply as...
80 views0 comments
Choon Ng
- Feb 27, 2017
- 2 min
Documents to Support Out-of-scope Supplies
Out-of-scope supplies refer to supplies which fall outside the scope of the GST Act, such as third country sales of goods which do not...
1,095 views0 comments
Choon Ng
- Feb 27, 2017
- 1 min
Update on definition of OMV
Open Market Value ("OMV") GST-registered businesses are required to account for output tax based on the Open Market Value ("OMV") of an...
78 views0 comments
Choon Ng
- Feb 21, 2017
- 1 min
Claiming GST on Expenses for Qualifying Funds
Funds may incur GST when the fund procures services (e.g. fund management service) from GST-registered businesses. To simplify the rules...
32 views0 comments
Choon Ng
- Nov 17, 2016
- 1 min
GST Relief - Importation of Medicinal Products and Therapeutic Products for Clinical Trials
Goods imported into Singapore are subject to 7% GST. However, GST relief is granted for medicinal products (including pharmaceutical...
34 views0 comments
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