Employers Taken to Task for Abusing Jobs Support Scheme

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The Inland Revenue Authority of Singapore (IRAS) has taken actions against employers who have attempted to abuse the Jobs Support Scheme (JSS). It has denied JSS payouts either partially or fully to 444 employers. IRAS has also referred egregious cases to the Police for investigations.

Fortitude Budget

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Announced by Mr Heng Swee Keat, Deputy Prime Minister and Finance Minister, in Parliament on 26 May 2020. This supplementary budget draws a further S$31 billion from past reserves for Singapore’s fourth budget this year 2020 to further support firms, save jobs and create jobs.

Overview of GST e-Filing Process

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GST-registered businesses are required to use CorpPass to e-File their GST returns through myTax Portal and make payment to IRAS by the due date.

SMES GO DIGITAL: NEW PRE – APPROVED REMOTE WORKING SOLUTIONS WITH LAPTOPS

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As part of the Resilience Budget announced by DPM Heng on 26 March 2020, Infocomm Media Development Authority (“IMDA”) and Enterprise Singapore (“ESG”) have jointly introduced measures, to help SMEs address immediate business challenges and strengthen business continuity practices during this exceptional period