Category: Auditing

IRAS Tax Audit in Singapore: Tips For Before, During, & After The Audit

Before the Audit: Preparation Review Previous Tax Returns: Examine past tax returns for any discrepancies or errors that need correction. Gather Financial Records: Collect all relevant financial documents, including invoices, receipts, bank statements, and tax-related records. Consult Your Accountant: Seek guidance from a qualified CPA (certified public accountant) or tax advisor to ensure your records… Continue reading IRAS Tax Audit in Singapore: Tips For Before, During, & After The Audit

What You Need to Know About IRAS Audits in Singapore

If you are a business owner or an individual taxpayer in Singapore, it is important to be aware of the IRAS audit process. The Inland Revenue Authority of Singapore (IRAS) is the government agency responsible for administering the tax laws in Singapore.  An IRAS audit is a review of your tax returns, financial records, and… Continue reading What You Need to Know About IRAS Audits in Singapore