Highlights of ACRA New Filing Requirements for Companies effective 3 Jan 2016 ACRA has revamp its online business filing and information portal (“BizFile”). The enhanced system, Bizfile+ , will launch on 3 Jan 2016. As announced on 5 Nov 2015, Bizfile will undergo system migration to transition to Bizfile+. You may wish to note that:…
Corporate Tax Filing Season 2015: 3 Filing Mistakes Companies Should Avoid As companies prepare to e-File their income tax returns by 15 Dec 2015 (or 30 Nov 2015 if they paper file), IRAS would like to highlight three common mistakes so that companies can avoid them1. Compliance Reviews and Guides to Help Companies File Correctly…
Financial Reporting Practice Guidance No.2 of 2015 – Areas of Review Focus for FY2015 Financial Statements ACRA has issued Practice Guidance No. 2 of 2015 which highlights the ten areas of review focus under the Financial Reporting Surveillance Programme (FRSP) for FY2015 Financial Statements. The practice guidance serves to guide directors and other financial statements…
Singapore 2016 Budget Statement to be Delivered on 24 March 2016 Minister for Finance, Mr Heng Swee Keat, will deliver Singapore’s FY2016 Budget Statement in Parliament on Thursday, 24 March 2016. Prime Minister Lee Hsien Loong had indicated in September 2015, in conjunction with the announcement of the new Cabinet, that Budget 2016 would be…
Singapore Labour Market Report Third Quarter 2015 by MOM The seasonally adjusted overall unemployment rate in September 2015 remained low at 2.0%. Unemployment rose to 3.0% for residents and 3.1% for citizens amid softer economic conditions. Total employment grew by 12,600 in the third quarter of 2015, down from an increase of 33,400 in the…