Quantcast
Channel: IRAS – Lush Dream Home
Browsing latest articles
Browse All 16 View Live

Image may be NSFW.
Clik here to view.

No change to income tax framework for individuals who sell properties

The Ministry of Finance (MOF) said it has decided not to change the income tax framework with regard to individuals who sell their properties. Currently, there is no blanket rule on how property sale...

View Article



Image may be NSFW.
Clik here to view.

Taxman collects $1.03 billion in ABSD

Singapore recorded a significant hike in tax revenue due to the additional buyer’s stamp duty (ABSD) introduced in January, reported The Straits Times. The Inland Revenue Authority of Singapore (IRAS)...

View Article

Image may be NSFW.
Clik here to view.

Why does IRAS make ‘provisional’ tax deductions?

While doing a check of my bank account, I realised deductions were made this month by the Inland Revenue Authority of Singapore (IRAS) under its GIRO scheme. The sum deducted was the same as my monthly...

View Article

Image may be NSFW.
Clik here to view.

Frustrated agent starts petition

One Singapore real estate agent has launched an online petition in a bid to force consumers to pay the GST on their rental fees. Jason Lim of Vestor Realty is one of a growing number of Singapore real...

View Article

Image may be NSFW.
Clik here to view.

CEA petition gets strong support

More than 115 Singapore real estate agents have signed a petition to the Council for Estate Agencies in just 24 hours, calling for the mandatory payment of GST on their transactions. On Friday...

View Article


Image may be NSFW.
Clik here to view.

Agent petition gathers support

Almost 200 Singapore real estate agents have now signed an online petition to make the payment of GST mandatory on their deals. The petition to Council for Estate Agencies (CEA) President Greg Seow was...

View Article

Image may be NSFW.
Clik here to view.

CEA: We cannot force GST payments

Singapore’s Council for Estate Agencies (CEA) has confirmed that it does not have the power to force consumers to pay GST on commission fees charged by real estate agents. In an email sent to all...

View Article

Image may be NSFW.
Clik here to view.

GST petition hits 300 supporters

An online petition directed at Council for Estate Agencies (CEA) President Greg Seow to make it mandatory for GST to be paid on agents fees has now attracted 300 signatures. Launched 10 days ago by...

View Article


Image may be NSFW.
Clik here to view.

Stamp Duty for Lease

With effect from 22 Feb 2014 To ensure consistency in stamp duty treatment across leases of different lease periods, the basic of calculation has been changed. 1) Lease with Average Annual Rent (AAR)...

View Article


Image may be NSFW.
Clik here to view.

980 buildings exempted from property tax

The Inland Revenue Authority of Singapore (IRAS) granted full or partial property tax exemptions to 980 buildings in 2013 from 650 buildings in 2000, according to media reports. Uncollected taxes from...

View Article

Image may be NSFW.
Clik here to view.

Additional Buyer’s Stamp Duty (ABSD) for Married Couples

Inland Revenue Authority of Singapore (“IRAS”) informed that there had been instances of wrong advice given by salespersons to buyers. Some salespersons had advised their buyers that they could qualify...

View Article

Image may be NSFW.
Clik here to view.

Ex-property agent jailed for using fake stamp certificates to cheat

A former property agent, Tan Hock Heng, Desmond, has been sentenced to 12 weeks’ jail for using fake stamp certificates, becoming the first to be punished for such offences. Desmond Tan Hock Heng, 24,...

View Article

Image may be NSFW.
Clik here to view.

Woman charged with giving fake stamp certificates

A 50-year old woman was charged with using counterfeit stamp certificates. The Inland Revenue Authority of Singapore (IRAS) on Friday pressed four charges on Koh Siew Buay for offences under the Stamp...

View Article


Image may be NSFW.
Clik here to view.

Lower property tax in 2016

Homeowners in Singapore will benefit from paying lower property taxes in 2016 compared to this year, revealed the Inland Revenue Authority of Singapore (IRAS). This is due to the reduced Annual Values...

View Article
Browsing latest articles
Browse All 16 View Live




Latest Images