Personal Income Tax Season 2026: Key Dates for Business Owners and Self-Employed Individuals
Personal Income Tax Season 2026: Key Dates for Business Owners and Self-Employed Individuals The deadline for personal income tax filing for the 2026 tax season in Singapore was 18th of April 2026. This deadline applies to individuals who must submit their YA26 tax returns, including self-employed individuals and business owners whose income was earned in […]
What Does Payroll Compliance in Singapore Involve?
What Does Payroll Compliance in Singapore Involve? Payroll compliance in Singapore requires employers to analyze and calculate the wages of employees precisely, including SDL (Skills Development Levy), CPF contributions, mention the employees income to the IRAS. Failure to comply with these obligations could lead to fines, penalties, and compliance issues. It is the duty of […]
What Is Form IR8A and Why Is It Important?
What Is Form IR8A and Why Is It Important? Form IR8A is implemented by companies in Singapore to report the employment income of their employees to IRAS. It includes information such as bonuses, salary, fees of directors and shareholders, and other employment-related income for the year. Employers must report income generated by employees during 2025 […]
What Changed in Senior Worker CPF Rates in 2026?
What Changed in Senior Worker CPF Rates in 2026? Singapore has raised the rates of CPF contribution from 1st January 2026 for employees who are aged between 55 and 65. The total CPF contribution rate increased by 1.5 %age points, consisting of a 0.5 %age point rise in the shares of employers and a 1 […]
What Are the CPF Contribution Rate Changes in 2026?
What Are the CPF Contribution Rate Changes in 2026? Employers and companies in Singapore are supposed to account for multiple CPF changes when it comes to processing the payroll of employees from 1st January, 2026. The main updates are rising CPF contribution rates for employees aged between 55 and 65, with an increase in CPF […]
What Is Tax Clearance Before Closing a Singapore Company?
What Is Tax Clearance Before Closing a Singapore Company? Tax clearance reflects that a company must ensure it has settled its pending tax obligations with the IRAS before it closes. If a business is planning to strike off, this involves filing pending Corporate Income Tax Returns by settling tax credits and resolving any unresolved matters […]
Striking Off vs Winding Up in 2026: Updated ACRA Requirements Before You Close Your Company
Striking Off vs Winding Up in 2026: Updated ACRA Requirements Before You Close Your Company It is not simply a matter of closing a company and its activities in Singapore. You need to ask whether to strike off or wind up when the company is inactive, and whether it has debt, assets, liabilities, or outstanding […]
Compliance Calendar 2026: Every ACRA and IRAS Deadline Singapore Businesses Must Track
Compliance Calendar 2026: Every ACRA and IRAS Deadline Singapore Businesses Must Track Companies in Singapore have to meet several deadlines for ACRA and IRAS throughout the year. The exact dates rely on your FYE (Financial Year End), type of company, and tax obligations; however, the main requirements include annual returns, ECI, AGMs, corporate income tax, […]
Register of Registrable Controllers (RORC): What Every Singapore Company Must Maintain
Register of Registrable Controllers (RORC): What Every Singapore Company Must Maintain It is important to maintain a Register of Registrable Controllers (RORC) as part of corporate compliance requirements if you want to operate a business in Singapore. RORC identifies the legal or individual party that normally owns and manages the business by improving precision. What […]
XBRL Financial Statements: Who Needs to File and When in Singapore
XBRL Financial Statements: Who Needs to File and When in Singapore XBRL filing in Singapore is an important task of annual corporate compliance for most registered businesses in Singapore. XBRL stands for eXtensible Business Reporting Language, which converts financial statements into a structured, organized digital format that ACRA can manage and process effectively. But not […]
