LL Ong & Co

20/11/2020

Beware!

⚠️ Scam Alert

Beware of a scam email titled ‘Coronavirus Tax Relief and Economic Impact Payments’. The email claimed to be offering a new COVID-19 tax relief, including health plans, for businesses and individuals affected by the pandemic. The recipients were requested to check their payment status and download a document on tax relief for more information.

IRAS would like to advise members of the public to ignore the email and not to respond, download attachments or click on any links.


For more information, please refer to our public advisory note at https://www.iras.gov.sg/irashome/News-and-Events/Announcements/Advisory-on-Scam---Fraudulent-Activities/

30/10/2020

Edwin Pang Chung Jie, 40, is first to be charged for failing to register for Goods and Services Tax (GST), in respect of online sales made over various online shopping platforms including Lazada, Shopee, Qoo10 and Carousell.

Edwin Pang owned two sole-proprietorships, Edmobile and Moogi, selling mobile phones and mobile phone accessories online. He also faced two charges for submitting incorrect Income Tax returns without reasonable excuse and another two charges for failing to keep proper records of invoices received by him in relation to his sole-proprietorship’s businesses. The total tax involved amounted to $129,411.

Read more at: https://www.iras.gov.sg/irashome/News-and-Events/Newsroom/Media-Releases-and-Speeches/Media-Releases/2020/Former-Businessman-First-to-be-Charged-for-Failure-to-Register-GST-for-Online-Sales/

13/03/2019

wonder when the same Act will be followed in Singapore ....

魏家祥在国会的其中一个提问：

1. 自从落实1967年会计师法令后，至今总共有多少人被检控过触犯了第25(e)条文？

那么，第25(e)条文究竟在讲什么呢？

它主要是讲 - 不会会计师，但是模仿为【或当自己是】会计师

1967年会计师法令的另外一个条文，即：18(a)，也阐明：

任何人士倘若不是马来西亚会计师公会的会员，是被禁止执业为会计师【比如：帮人做 bookkeeping，做账等等】。

～～～～～～～～～～～～～

大家如果不是 MIA member，但是有 part time 帮人做些账，注意一下哦。

MIA 真的越来越严格了。

～～～～～～～～～～～～
25. Any person who―

(e) personates a member of the Institute or buys, sells or
fraudulently obtains a certificate of membership issued
under this Act,

shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit or to imprisonment for a term not exceeding one year.

08/03/2019

Don't anyhow claim S-plate expenses in your company tax computation, or else you will pay for it.

Quek Soo Chek William (“Quek”), a 60-year-old sole proprietor of Union Casket, a business that provides funeral and funeral-related services, was ordered to pay fines and penalties totalling $256,976 after being found guilty for giving incorrect information in his Goods and Services Tax (“GST....

15/06/2018

Singapore Law Watch is a free daily legal news service for the law community in Singapore and abroad.

11/05/2018

The new regulatory measures from ACRA aim to strengthen the resiliency of Singapore’s corporate service providers against illicit corporate activities.

30/04/2018

Singapore A S$7 MILLION hit on a Singapore crowdfunding site may serve as a timely cautionary tale to the nascent industry of the high risks that can come with fast growth. Capital Springboard (CS), which claims to have crowdfunded enough invoices to outdo any other...

07/02/2018

Members of the public have alerted IRAS that they have received suspicious calls from persons claiming to be IRAS officers and requesting that they pay their outstanding taxes immediately to unknown bank accounts. The telephone number displayed on the caller IDs included IRAS’ Individual Income Ta...

19/04/2017

Beware scam

We've received some feedback from members of the public on emails from senders purportedly from IRAS.

Do exercise caution when opening links and attachments from unfamiliar senders as it may contain computer virus.

More information on our public advisory here: https://www.iras.gov.sg/irashome/News-and-Events/Announcements/Advisory-on-Scam---Fraudulent-Activities/

15/03/2017

SIGNIFICANT changes to the law governing companies will come into effect in just a matter of weeks. Read more at The Business Times.

30/04/2016

Joomm....

Following two successful editions, the ISCA Run is back for the third year and it will take on a familiar approach in engaging its members and the...