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Tax revenue gets bumper rise of 13.1% to $68.6b amid post-pandemic economic recovery

GST revenue made up the third-largest share of Iras’ revenue collection, at 20.5 per cent. Read more at straitstimes.com. ....

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Iras warns of scam e-mail on outstanding stamp duty payment

Singapore News - Singaporeans who receive an e-mail instructing them to transfer their outstanding stamp duty payment to an account claiming to be held in the name of the Commissioner of Inland Revenue should ignore it, the tax authority said. The Inland Revenue Authority of Singapore. Read more at www.tnp.sg ....

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Sole proprietor gets 54 weeks' jail, must pay $1.7m for evading taxes, failing to keep proper records

Singapore News - A sole proprietor who was convicted of evading goods and services (GST) tax, income tax and failing to keep proper business records has been jailed for 54 weeks and ordered to pay fines and penalties totalling $1,784,451. Investigations showed that Khoo Chin Huat, 66,. Read more at www.tnp.sg ....

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