*This update applies to businesses that are GST registered from 1 December 2012, or intend to apply for GST registration in the future*...

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...

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...

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...

On 1 October 2012, IRAS released a plethora of changes and updates on GST. The changes are largely to take into account legislative...

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...

The IRAS released a new GST e-Tax guide yesterday on the "Logistics Service Industry" which replaces the GST guide for the "Freight...

Effective from 19 August 2012, the Electronic Tourist Refund Scheme (eTRS) will fully replace the paper refund form system. By connecting...

A GST-registered retailer was fined $4,000 for not displaying GST-inclusive prices at its premises and on its marketing materials. Silver...

The Ministry of Finance is seeking feedback on the draft GST (Amendment) Bill 2012 covering the following GST changes (including those...

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...

Based on our recent clarifications with the IRAS on the use of the ASK Pre-filing Checklists ("ASK PFC") for completing the 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...

In the revised e-Tax Guide, IRAS provided more clarity on the definition of residential property and the GST treatment for serviced...

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...

From 1 April 2012, Singaporeans returning from overseas and international visitors will enjoy up to $600 Goods and Services Tax (GST)...

One of the industries targeted by the IRAS for its GST audit this year is private education institutions. The IRAS has found that one...

The GST Assisted Self-help Kit (ASK) is a self-assessment package for GST-registered businesses to manage their GST compliance. From 1...

IRAS announced that it will focus its GST compliance reviews on the following industries: General Contractors in Construction Industry...

The Malaysia Retailers Association (MRA) has invited Choon Beng to speak at their GST conference in Kuala Lumpur, Malaysia on 12 April...