WebJun 24, 2024 · Intellectual property (IP) is considered to be an intangible asset and is a broad term that encompasses most intangible assets. Most IP is covered under Section … WebYou can apply for GST registration at mytax.iras.gov.sg. Please visit our website at www.iras.gov.sg for more information on GST registration · If your annual revenue was …
IRAS Business Expenses
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What Does Impairment Mean in Accounting? With …
WebMar 16, 2015 · 4.3 In the event that the taxpayer claims that the financial assets are on capital account, it should submit a list of these assets to the Comptroller of Income Tax (hereinafter referred to as the "CIT") for his determination whether they are indeed assets on capital account. Where the CIT has agreed that they WebSep 24, 2024 · Fixed Assets write-off can be defined as the process using which the company removes the fixed asset from its financial statements. Fixed Assets normally … WebJun 30, 2024 · 75% of the cost incurred to be written off in the first year (i.e. YA 2024 or YA 2024) Remaining 25% of the cost incurred to be written off in the second year (i.e. YA … books the mitten