Public Holidays 2016
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- Category: Singapore News
The Ministry of Manpower (MOM) on Tuesday (May 12) released the list of Singapore's public holidays for next year (2016).
Also, MOM confirmed that Deepavali this year (2015) will fall on Nov 10, (Tuesday), after the 2015 Hindu Almanac was made available.
Source: MOM
OVER $378 MILLION IN CPF ARREARS RECOVERED BY CPF BOARD IN 2014
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- Category: Singapore News
The CPF Board (CPFB) has recovered about $378.2 million in CPF arrears, benefitting over 288,000 employees, from cases closed in 2014. The CPF arrears recovered were from underpayment, non-payment and late payment of CPF contributions by employers.
Getting More Value out of XBRL Filing
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- Category: Singapore News
Free Data Analysis Report now available to all SingPass holders
With immediate effect, ACRA is granting access to all SingPass holders to tap a free data analysis service on the BizFinx portal. The access allows users to generate a Free Data Analysis (FDA) report that was previously available only to company directors and secretaries of companies that file XBRL financial statements with ACRA.
95% of Taxpayers Filed On Time for Third Year Running
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- Category: Singapore News
The Inland Revenue Authority of Singapore (IRAS) announced that the overall on-time filing rate this year remained high at 95% and thanks taxpayers for filing on time.
Foreign Account Tax Compliance Act (FATCA)
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- Category: Singapore News
The Foreign Account Tax Compliance Act (FATCA) was enacted by the United States (US) Congress in March 2010 to target non-compliance with US tax laws by US persons using foreign accounts. FATCA requires all financial institutions (FIs) outside the US to periodically transmit information about financial accounts held by US persons to the US Internal Revenue Service (US IRS). FIs that fail to comply will face a 30% FATCA-related withholding tax on certain payments made from the US.
Please click HERE for more information.
Source: IRAS
