GST advance ruling application in Singapore

by The Raffles Consulting Services Editorial Team | Sep 8, 2026 | Corporate and International Tax Consulting

Raffles Consulting ServicesGST advance ruling application in SingaporeA GST advance ruling application needs a proposed arrangement, legal analysis, draft ruling, complete facts and enough time before the return deadline. A GST advance ruling application is...

GST voluntary disclosure or technical clarification?

by The Raffles Consulting Services Editorial Team | Sep 7, 2026 | Corporate and International Tax Consulting

Raffles Consulting ServicesGST voluntary disclosure or technical clarification?Choose GST voluntary disclosure or technical clarification by separating an identified error from an unresolved technical treatment. Choosing GST voluntary disclosure or technical...

IRAS GST technical clarification request workflow

by The Raffles Consulting Services Editorial Team | Sep 6, 2026 | Corporate and International Tax Consulting

Raffles Consulting ServicesIRAS GST technical clarification request workflowA GST technical clarification request should identify the taxpayer, facts, issues, analysis, alternatives and supporting documents before submission. A GST technical clarification request to...

Singapore capital allowances for fixed assets

by The Raffles Consulting Services Editorial Team | Sep 5, 2026 | Corporate and International Tax Consulting

Raffles Consulting ServicesSingapore capital allowances for fixed assetsSingapore capital allowances replace accounting depreciation for qualifying plant and machinery, using the claim method and evidence that fit each asset. Singapore capital allowances give tax...

Singapore borrowing cost tax deduction: trace loans and fees

by The Raffles Consulting Services Editorial Team | Sep 2, 2026 | Corporate and International Tax Consulting

Raffles Consulting ServicesSingapore borrowing cost tax deduction: trace loans and feesA Singapore borrowing cost tax deduction depends on the loan’s use, the fee’s prescribed character and a traceable allocation to income production. A Singapore borrowing...

Singapore GST De Minimis Rule for partial exemption

by The Raffles Consulting Services Editorial Team | Sep 1, 2026 | Corporate and International Tax Consulting

Raffles Consulting ServicesSingapore GST De Minimis Rule for partial exemptionThe Singapore GST De Minimis Rule requires exempt supplies to average no more than S$40,000 a month and remain within 5% of total supplies. The Singapore GST De Minimis Rule lets a...