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7TH ANNUAL CONFERENCE OF ABACUS WORLDWIDE

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News
4 November 2019 to 6 November 2019, Singapore We are honored to have participated as the host country at the Abacus Worldwide 7th Annual World Conference held at the Fullerton Hotel. It was a wonderful time networking with fellow members...

DOING BUSINESS IN SINGAPORE

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Publication
FOREWORD Singapore has always been a preferred choice for many foreign investors especially those seeking an entry into Asia. Indeed, there is no better gateway to Asia than Singapore. Singapore offers many outstanding advantages. Other than being strategically located, its...

SHOULD “DATA” BE RECOGNISED AS AN ASSET ON THE BALANCE SHEET?

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Articles
Since the 1950s the world has witnessed a very different demographic where the average publicly-traded company listed on the S&P has gone down from being 60 years old to less than 20 years. This significant shift is mainly attributable to...

FEEDBACK SOUGHT ON PROPOSED CHANGES TO INCOME TAX ACT

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News
Members of the public are invited to provide feedback on proposed amendments to the Income Tax Act, which include a move to end a scheme giving tax breaks to highly skilled foreigners. The Not Ordinarily Resident (NOR) scheme was introduced...

SNAPSHOTS OF HONG KONG BUDGET 2019/2020

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Publication
The Finance Secretary Mr. Paul Chan delivered his budget speech on 27 February 2019 against the backdrop of a significant fall in Hong Kong’s fiscal surplus in 2018. Amidst uncertainties, such as the US-China trade disputes, slowdown of China economy...

SINGAPORE BUDGET 2019

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Publication
FOREWORD Budget 2019, delivered by the Finance Minister, Mr Heng Swee Kiat, on 18 February 2019 offers strategic vision to strengthen Singapore’s social framework as an inclusive and forward-looking society. Themed as building “a strong, united Singapore”, this year’s budget...

COMPANY DIRECTOR HANDED RECORD FINE FOR MULTIPLE COMPANIES ACT BREACHES

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News
Singapore, 22 February 2019 – On 21 February 2019, a company director was fined a record $113,400 for 54 charges ($2,100 per charge) in the State Courts. On 14 November 2018, Tan Hang Song was found guilty of multiple offences...

CHANGES TO THE GOODS AND SERVICES TAX ACT TO EXTEND GST TO OVERSEAS SERVICES FROM 1 JANUARY 2020 AND ENHANCE IRAS INVESTIGATION POWERS FROM 1 JANUARY 2019

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Articles
Introduction of goods and services (“GST”) on imported services: From 1 January 2020, GST on imported services will be introduced through a Reverse Charge mechanism for business-to-business (“B2B”) imported services, and an Overseas Vendor Registration (“OVR”) regime for business-to-consumer (“B2C”)...

SNAPSHOTS OF HONG KONG BUDGET 2018/2019

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Publication
The Financial Secretary of the Hong Kong Special Administrative Region, Mr Paul Chan delivered the 2018/19 Budget speech on 28 February 2018. Having another year of healthy fiscal surplus the initiatives put forward in this Budget underpinned three main objectives:...

SEMINAR PROGRAMME 2018

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News
SEMINAR PROGRAMME FOR CONTINUING PROFESSIONAL EDUCATION 2018 26 September 2018, Wednesday Moderated By Ms Lynn Ong (Acutus Advisory Pte Ltd) (Read More) Guest Speaker Mr Wong Teck Meng (Brisco Wong Advisory) (Read More) Time 9.15 am to 10.30 am Topic Round...

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