With effect from January 1 2023, the OVR regime will be expanded to include remote services
One aspect of the recent changes made to the goods and services tax (GST) regime in Singapore is to bring about a certain level of parity in the GST treatment for goods and services consumed in Singapore regardless of where the goods and services are procured from.
This is to create a level playing field between overseas suppliers and local GST-registered businesses amidst the e-commerce boom and the growing trend of businesses being able to digitalise to deliver services remotely. It is also in line with the OECD’s recommendations in BEPS Action 1 which identified the collection of VAT/GST on online business-to-consumer (B2C) sales as a way to address the tax challenges of the digital economy.
From 1 May 2021, employers should allow employees to WFH if they are able to do so: MOM humanresourcesonline.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from humanresourcesonline.net Daily Mail and Mail on Sunday newspapers.
The New Paper
Novena malls see lower footfall after cluster at nearby TTSH
Staff at outlets in Square 2 said footfall has fallen by 10 to 50 per cent since news of the cluster broke and people returned to working from home.
TNP PHOTO: GIN TAY
NATALIE TAN, GABRIELLE NG & ELEANOR YEO
May 04, 2021 06:00 am
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Lunchtime crowds still thronged two popular malls in Novena yesterday despite the Covid-19 cluster linked to the nearby Tan Tock Seng Hospital (TTSH), but businesses said footfall has been impacted.
Diners and shoppers at Velocity and Square 2 that The Straits Times spoke to said they were not overly concerned about the TTSH cluster, as they had faith the authorities were handling the situation.
The New Paper
Public urged to have no more than 2 social gatherings a day as Singapore tightens measures
Odd and even date entry restrictions at Lucky Plaza on Sundays will be reinstated.TNP PHOTO: KUA CHEE SIONG
LINETTE LAI, POLITICAL CORRESPONDENT
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Singaporeans have been urged to have no more than two social gatherings a day, as part of tightened measures put in place to curb the spread of Covid-19 in the community following a spike in new cases.
Other new measures, which will be in place for two weeks, will impact malls, outdoor barbecue pits and campsites and attractions, with details as follows:
SINGAPORE - Singapore is tightening rules on social interactions in a bid to tackle the growing number of Covid-19 cases in the community.
This means stricter limits on the number of people who can be present in malls, attractions and large standalone stores, with residents urged to have no more than two social gatherings a day.
From 11.59pm on Saturday (May 1), the country will also bar all long-term pass holders and short-term visitors who have been in Bangladesh, Nepal, Pakistan and Sri Lanka in the last two weeks.
The number of new community cases has increased to 35 cases in the past week, from 10 cases in the week before, with the first Covid-19 hospital cluster growing to 13 cases.