Latest Updates

Overview of Additional Conveyance Duties (ACD)

Pages 03 Jul 2025

Amendments

Amendments

• Updated infographic
• Updated rates and holding periods for Additional Conveyance Duties for Sellers
• Updated one of the FAQs

Employers

Pages 03 Jul 2025

Amendments

Amendments

Update of Form IR21 and IR21A.  

GST: Taxing imported low-value goods by way of the overseas vendor registration regime (PDF, 0.6 MB)

e-Tax Guide 01 Jul 2025

Amendments

Amendments

- Amended paragraph 7.1.11 to include the new rules on prospective registrations effective from 1 Jul 2025

- Other editorial changes

GST: Taxing imported remote services by way of the overseas vendor registration regime (PDF, 0.6 MB)

e-Tax Guide 01 Jul 2025

Amendments

Amendments

- Amended paragraph 7.1.11 to include the new rules on prospective registrations effective from 1 Jul 2025

- Other editorial changes

Motor Trade

Pages 01 Jul 2025

Pawnbroking

Pages 01 Jul 2025

GST Treatment of Hire Purchase Agreements and Financing Instruments (PDF, 388.7 KB)

e-Tax Guide 01 Jul 2025

Amendments

Amendments

Eligible businesses that wish to start using the GMS from 1 Jul 2025 no longer need to obtain IRAS’ approval. Paragraph 7.1 and 7.3 have been amended to reflect this change.

Other editorial amendments

GST: Guide for Motor Vehicle Traders (PDF, 0.6 MB)

e-Tax Guide 01 Jul 2025

Amendments

Amendments

• Eligible businesses that wish to start using the GMS from 1 Jul 2025 no longer need to obtain IRAS’ approval. Consequential amendments have been made to reflect this change. The form “Self-Review of Eligibility and Declaration on Use of Gross Margin Scheme Form” is replaced by a “Self-Review of Eligibility to Use the Gross Margin Scheme (GMS)” checklist.
• Other editorial changes were made.

GST: Customer Accounting for Prescribed Goods (PDF, 0.5 MB)

e-Tax Guide 01 Jul 2025

Amendments

Amendments

Eligible businesses that wish to start using the GMS from 1 Jul 2025 no longer need to obtain IRAS’ approval. An amendment has been made to paragraph 12.1.5 to replace the phrase ‘approved to use the GMS’ to ‘eligible to use the GMS’.

GST: Reverse Charge (PDF, 0.8 MB)

e-Tax Guide 01 Jul 2025

Amendments

Amendments

- Amended paragraphs 10.1.3 and 14.18 to include the new rules on prospective registration effective from 1 Jul 2025

- Other editorial changes