2 January 2014
The Inland Revenue Authority of Singapore (IRAS) issued the e-Tax Guides “Record Keeping Guide for Non GST-Registered Businesses (Second Edition)” and “Record Keeping Guide for GST-Registered Businesses (Third Edition)” on 31 December 2013.
The first edition of the e-Tax Guide “Record Keeping Guide for Non GST-Registered Businesses” was published on 31 May 2010, while the first and second editions of the e-Tax Guide “Record Keeping Guide for GST-Registered Businesses” were published on 31 May 2010 and 11 November 2010 respectively.
The e-Tax Guides were updated to give greater clarity on record keeping requirements and have also subsumed the following e-Tax Guides:
- Keeping Records of Business and Transactions in Microforms;
- Keeping Machine-Sensible Records and Electronic Invoicing; and
- Keeping of Records in Imaging Systems.
The e-Tax Guides are available on the IRAS website.
Source: Inland Revenue Authority of Singapore