- IRAS in Singapore has published a summary of responses to the draft e-Tax guide on adopting InvoiceNow for GST-registered businesses
- The guide outlines the requirements for businesses to adopt InvoiceNow for GST purposes
- The summary provides an overview of feedback received on the draft guide
- Businesses in Singapore are encouraged to review the summary to understand the implications of adopting InvoiceNow for GST compliance.
Source: orbitax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Singapore"
- GST Updates: Free Parking Exceptions and Overseas Vendor Registration Input Tax Claims
- Singapore GST Registration Rules: Two-Month Grace Period for Prospective Basis from July 2025
- GST Gross Margin Scheme Approval Requirement Removed from July 2025
- GST InvoiceNow Requirement: Mandatory Implementation Timeline for Voluntary GST Registrants
- Briefing document: Singapore GST InvoiceNow business guide