May 28, 2020

Fortitude Budget

All you need to know about the Budget In addition to the $60 billion set aside in the Unity, Resilience, and Solidarity Budgets, Singapore government mobilised an additional $33 billion in the Fortitude Budget to re-open the economy, recover, and emerge stronger. The fortitude budget aims to Create jobs and build skills for workers, Boost […]

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All about the new GST Chargeback rule 2020

Beginning January 1, 2020, all Singapore companies will be charged 7% GST on the services they buy online from foreign-based providers. Osome explains what to do about it and how to pay the tax. Spoiler: if you are GST-registered, your accounting company in Singapore will have some paperwork to do. What services are in question? It is not what service you

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