Singapore Provides Guidance on Deduction for Qualifying Renovation or Refurbishment Works

The Inland Revenue Authority of Singapore (IRAS) has updated its e-Learning guidance page with the addition of a guidance video on the tax deduction for expenses incurred on Renovation or Refurbishment (R&R) Works. The guidance covers the tax deduction granted under section 14Q of the Income Tax Act (ITA) for capital expenses incurred by taxpayers for R&R works done to their business p…
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