- IRAS has updated two e-Tax guides on Singapore’s GST Assistance Compliance Assurance Programme (ACAP).
- ACAP is a voluntary compliance initiative for businesses to assess and strengthen internal controls for managing GST risk.
- The programme uses a holistic, risk-based review to improve GST compliance capability.
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.
