IRAS Revenue Collection: Supporting Singapore’s Growth with Responsible Taxation Introduction The Inland Revenue Authority of Singapore (IRAS) plays a central role in sustaining Singapore’s economic and social development. In the latest fiscal year, IRAS collected large‐scale tax revenue that enabled…
Introduction On 4 September 2025, Bank Negara Malaysia (BNM) released its latest Monetary Policy Statement, reaffirming its commitment to sustaining macroeconomic stability. Following the Monetary Policy Committee’s (MPC) latest assessment, BNM opted to maintain the Overnight Policy Rate (OPR) at…
Introduction At USAFE Audit & Assurance PAC, trust and professionalism guide everything we do. To reinforce these values, we are proud to announce that the USAFE logo is now a registered trademark in Singapore. This recognition comes from the Intellectual…
A Guide to IRAS’s Cash Accounting Scheme for Small Businesses Navigating GST obligations can be a challenge—especially when invoices go out but payments trickle in. That’s where IRAS’s Cash Accounting Scheme (CAS) shines: designed specifically to ease the burden on…
Singapore’s New CSP Act Comes Into Effect — What It Means for Businesses and Service Providers As of 9 June 2025, the Corporate Service Providers (CSP) Act 2024 and the CSP Regulations 2025 officially came into effect. This new legislation…
ACCA Exam Results Are Out on 14 July 2025 – Best Wishes from Genesis Origo and USAFE! To all ACCA students, the moment you’ve been waiting for is almost here. On 14 July 2025, ACCA will release the latest exam…
How ACCA Members Can Become Chartered Accountants of Singapore – Your Complete Guide Introduction Are you an ACCA member looking to advance your career in Singapore? The Institute of Singapore Chartered Accountants (ISCA) has introduced an exclusive pathway for ACCA…
The Israel-Hamas Conflict: How It Affects Small Businesses and Global Markets Introduction The recent war between Israel-Hamas has had a significant impact beyond the battlefield, affecting global supply chains, investor confidence, and small businesses worldwide. Conflicts of this scale not only…
New Singapore Law Increases Fines for Corporate Service Providers Violating Anti-Money Laundering Rules A new law in Singapore will increase fines for corporate service providers that fail to comply with anti-money laundering regulations. The fines will rise from S$25,000 to…
Clarifying Tax Planning VS Tax Avoidance: Insights from GCL v Comptroller of Income Tax The recent case of GCL v Comptroller of Income Tax sheds light on the nuanced differences between tax planning and tax avoidance. While tax planning is…
English 
Chinese