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Smart people learn from their mistakes. Geniuses learn from others. Adopting the GST Assisted Self-help Kit (ASK) for your business? Be a genius and learn from the GST mistakes of others!
Major Exporter Scheme ("MES")
To reduce the compliance costs for businesses, the IRAS has extended the MES status period from the current 3 years to 5 years.
Qualifying businesses renewing their MES statuses will now enjoy a 5 year cashflow benefit provided they submit a...
GST Pu!se Special Edition: "Survival Guide for the Major Exporter Scheme (MES)" will be released next month.
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What is it about?
It is Major Exporter Scheme (MES) peak season again! Unlike the previous renewals (where only a checkl...
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 to survive the new MES renewal process using the IRAS Assisted Self-help Kit (ASK).
Specifically, the link can be found at: http...
The GST Assisted Self-help Kit (ASK) is a self-assessment package for GST-registered businesses to manage their GST compliance.
From 1 January 2013, the ASK declaration form has to be certified by either:
(a) Your own in-house staff; or
(b) External tax professional,
Funds may incur GST when the fund procures services (e.g. fund management service) from GST-registered businesses. To simplify the rules for claiming...
Claiming GST on Expenses for Qualifying Funds
30 Jan 2018
Smart people learn from their mistakes. Geniuses learn from others. Adopting the GST Assisted Self-help Kit (ASK) for your business? Be a genius and l...
GST ASK - Trends and updates
6 Oct 2017
Common errors on input tax claims explained using an info video from IRASAround 3,000 GST-registered businesses are selected by the IRAS for audit eve...
IRAS releases new video on input tax
10 Jul 2018
July 10, 2018
January 30, 2018
Company Director Convicted for Unlawful GST Collection
January 19, 2018
Fined for GST Tourist Refund Fraud
December 21, 2017
GST increase and 2020
November 21, 2017
More fraud cases - company director put in jail
November 16, 2017
GST fraud - Businessman sentenced 24 weeks
October 20, 2017
October 6, 2017
New e-Tax guide on customer accounting for prescribed goods
September 15, 2017