From 1 January 2026, the CPF Ordinary Wage (OW) ceiling rose to S$8,000 a month, up from S$7,400. This is the final step in a multi-year schedule that has gradually raised the ceiling from S$6,000 in 2023 to S$8,000 in 2026, and for many Singapore employers it means CPF contributions are now due on a [...]
Every retail, F&B, or office-based Singapore company eventually spends money doing up its premises, a new shopfront, reconfigured office layout, fresh paint and fixtures. Many directors assume this spending simply sits on the balance sheet as a capital cost with no immediate tax relief. In fact, Section 14N of the Income Tax Act 1947 gives [...]
XBRL filing exemptions in Singapore: Frequently asked questions. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrough covering solvent exempt private companies, the S$500,000 Simplified XBRL threshold and common mistakes.
Capital vs revenue expenditure under the Income Tax Act: Frequently asked questions. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrough covering eligibility, the common law tests, costs and common mistakes.
IRAS Voluntary Disclosure Programme (VDP): Frequently asked questions. For Singapore SMEs managing tax and accounting compliance, including legacy PIC claim clean-up. Practical 2026 walkthrough covering eligibility, penalties, cost and process.
XBRL filing - full vs simplified - Frequently asked questions. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrough covering eligibility, requirements, costs, process, and common mistakes.
Allowable business expenses under the Income Tax Act - Frequently asked questions. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrough covering eligibility, requirements, costs, process, and common mistakes.
Productivity and Innovation Credit (PIC) legacy treatment - Frequently asked questions. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrough covering eligibility, requirements, costs, process, and common mistakes.
If you are a Singapore business owner or a prospective angel investor who has come across references to the Angel Investors Tax Deduction (AITD) scheme and wondered whether you can still apply for it, the short answer is no. The AITD scheme lapsed on 31 March 2020, and the Inland Revenue Authority of Singapore (IRAS) [...]
Corporate tax exemptions and partial-exemption scheme: Frequently asked questions. For Singapore SMEs managing tax and accounting compliance.