Choon Ng
Survival Guide for MES using IRAS ASK
Our latest GST Pu!se - Survival Guide for the Major Exporter Scheme (MES) is published on SIATP's website. We provide quick tips on how...
top of page
Search
Choon Ng
Mar 10, 20132 min read
First Freight Forwarder fined by IRAS for misusing Major Exporter Scheme
A freight forwarding company, Kian Min Express Transport Pte Ltd, is the first company to be penalised by IRAS for misusing its Major...
136 views0 comments
Choon Ng
Dec 1, 20122 min read
New e-Tax guide on "Pre-registration claims for goods & services"
*This update applies to businesses that are GST registered from 1 December 2012, or intend to apply for GST registration in the future*...
17 views0 comments
Choon Ng
Nov 30, 20123 min read
Enhancements to the IRAS Voluntary Disclosure Programme (VDP)
Update on 2 January 2013: The IRAS has released the revised e-Tax Guide on the VDP (5th Edition) on 1 January 2013. You can download the...
95 views0 comments
Choon Ng
Oct 29, 20121 min read
Fradulent claims land man in 8-week jail and $127K fine
A sole proprietor, Lau Giang Boon Eric (“Lau”) was sentenced to 8 weeks’ jail and fined $127,170. Lau had made fictitious entries in his...
7 views0 comments
Choon Ng
Oct 2, 20121 min read
Issue 4: Year-end Edition of GST Pu!se now available
GST collection has hit another high based on the IRAS latest annual report. Do you know how much GST was collected for 1 April 2011 to 31...
11 views0 comments
Choon Ng
Oct 2, 20122 min read
Simplified Conditions for Deeming Output Tax on Gifts
On 1 October 2012, IRAS released a plethora of changes and updates on GST. The changes are largely to take into account legislative...
27 views0 comments
Choon Ng
Sep 6, 20122 min read
Clarifications on the ASK Pre-filing checklists submitted to the IRAS
GSTax Consultancy has written to the IRAS on the ASK PFC to clarify on certain anomalies in the checklist. Below is an extract of the...
3 views0 comments
Choon Ng
Aug 29, 20121 min read
New e-Tax Guide on Logistics Service Industry
The IRAS released a new GST e-Tax guide yesterday on the "Logistics Service Industry" which replaces the GST guide for the "Freight...
18 views0 comments
Choon Ng
Aug 2, 20121 min read
Electronic Tourist Refund Scheme (eTRS) for GST from 19 Aug 2012
Effective from 19 August 2012, the Electronic Tourist Refund Scheme (eTRS) will fully replace the paper refund form system. By connecting...
6 views0 comments
Choon Ng
Jul 21, 20121 min read
First GST-registered retailer fined for not displaying GST-inclusive prices
A GST-registered retailer was fined $4,000 for not displaying GST-inclusive prices at its premises and on its marketing materials. Silver...
8 views0 comments
Choon Ng
Jul 9, 20121 min read
Public Consultation on Draft GST Amendment Billl 2012 is now opened till 27 July
The Ministry of Finance is seeking feedback on the draft GST (Amendment) Bill 2012 covering the following GST changes (including those...
0 views0 comments
Choon Ng
Jul 4, 20121 min read
Man jailed for GST fraud and fined $79K
The Manager of a Singapore wholesale trading company was sentenced to a week’s jail and a penalty of almost $79,000. 39 year old Tan Seng...
10 views0 comments
Choon Ng
Jul 4, 20121 min read
Update on GST F5 - question on ASK PFC
Based on our recent clarifications with the IRAS on the use of the ASK Pre-filing Checklists ("ASK PFC") for completing the GST F5...
6 views0 comments
Choon Ng
Jun 27, 20121 min read
New Question in GST F5
When completing your GST F5 return, the IRAS now requires you to complete the following compulsory question when you login to e-file your...
17 views0 comments
Choon Ng
Jun 20, 20121 min read
IRAS released revised e-Tax Guide on Property Owners and Property Holding Companies (5th Ed)
In the revised e-Tax Guide, IRAS provided more clarity on the definition of residential property and the GST treatment for serviced...
10 views0 comments
Choon Ng
Apr 25, 20121 min read
GST Assisted Compliance Assurance Programme (ACAP)
The IRAS provided $10m in aggregate of co-funding for the ACAP. A total of $8m has been fully taken up and the next available tranches of...
37 views0 comments
Choon Ng
Apr 25, 20121 min read
GST relief for travellers to increase to $600 from 1 April 2012
From 1 April 2012, Singaporeans returning from overseas and international visitors will enjoy up to $600 Goods and Services Tax (GST)...
5 views0 comments
Choon Ng
Apr 25, 20121 min read
Private School fined for being late in GST registration
One of the industries targeted by the IRAS for its GST audit this year is private education institutions. The IRAS has found that one...
4 views0 comments
Choon Ng
Apr 25, 20121 min read
Update on ASK and renewal of the MES
The GST Assisted Self-help Kit (ASK) is a self-assessment package for GST-registered businesses to manage their GST compliance. From 1...
22 views0 comments
bottom of page