Enterprise Innovation Scheme (EIS) 2026: Claiming Up to 400% Tax Deductions for Singapore SMEs

Singapore SMEs sitting on unclaimed research and development spend, intellectual property costs, or staff training budgets are often unaware that the Enterprise Innovation Scheme (EIS) can turn a chunk of that expenditure into a very large tax deduction, or even hard cash. Introduced at Budget 2023 and running from Year of Assessment (YA) 2024 to [...]

GST Self-Billing Arrangements in Singapore: When Your Customer Can Issue the Tax Invoice

Most Singapore businesses assume the supplier always issues the tax invoice. In a handful of industries, that assumption is wrong by design. Under a self-billing arrangement approved by the Inland Revenue Authority of Singapore (IRAS), it is the GST-registered customer, not the supplier, who prepares the tax invoice and hands a copy to the supplier [...]

IRAS GST ACAP Renewal Seventh Edition 2026: What It Means for Your Compliance Calendar

On 1 September 2026, the Inland Revenue Authority of Singapore (IRAS) published the seventh edition of its e-Tax Guide, GST: Renewal of Assisted Compliance Assurance Programme (ACAP) Status. For most company directors, the words "e-Tax Guide" trigger an instinctive hand-off to the tax agent or auditor. That instinct is only half right for this particular [...]

The Approved Contract Manufacturer and Trader (ACMT) Scheme: GST Relief for Singapore Contract Manufacturers Serving Overseas Owners

Most Singapore GST conversations about manufacturing companies start and end with the Major Exporter Scheme (MES). It is the scheme every accountant mentions first, and for good reason: it is broad and covers a wide range of import-heavy, export-heavy trading businesses. But MES is not the only GST relief on offer, and for a specific [...]

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