New Work Pass Card and Sgworkpass Mobile App for Checking Work Pass Status The Ministry of Manpower (MOM) will be introducing a new Work Pass (WP) card with a QR code and a free mobile application called the SGWorkPass. This new app will enable employers, pass holders and any other stakeholders to check the status of work…
ASC has issued INT FRS 123: Uncertainty over Income Tax Treatments This Interpretation clarifies how to apply the recognition and measurement requirements in FRS 12 when there is uncertainty over income tax treatments. In such a circumstance, an entity shall recognise and measure its current or deferred tax asset or liability applying the requirements in…
Businesses to log in with CorpPass to transact with IRAS from mid-2018 From mid-2018, businesses will have to use their CorpPass to log in to myTax Portal and e-Stamping Portal, replacing the current SingPass/ IRAS PIN login. CorpPass will also replace EASY as the authorisation system for businesses to authorise staff/ third party (such as accounting firm)…