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Taxation

IRAS catches 422 landlords for not reporting rental income properly

Some errant owners mistakenly thought that paying property taxes meant that they did not have to report their rental income.
Some errant owners mistakenly thought that paying property taxes meant that they did not have to report their rental income.

Five rules landlords should know to avoid tax penalties

Landlords who know rental rules can reap the benefit of their investments minus any trouble with the taxman.
Landlords who know rental rules can reap the benefit of their investments minus any trouble with the taxman.

Japan raises tobacco, corporate taxes to finance boost in defence spending

Japanese Prime Minister Takaichi has been eager to raise defence and related spending, vowing to revise three security documents by the end of 2026.
Japanese Prime Minister Takaichi has been eager to raise defence and related spending, vowing to revise three security documents by the end of 2026.

Australia considers raising taxes for energy giants as gas profits surge amid Mid-East war

Woodside's gas plant is seen at sunset in Burrup at the Pilbara region in Western Australia. PHOTO: REUTERS
Woodside's gas plant is seen at sunset in Burrup at the Pilbara region in Western Australia. PHOTO: REUTERS

Why a woman regrets naming her daughter as co-owner of her 26 properties

The wealthy property investor ended up incurring substantial legal costs in the High Court to reclaim her real estate when the daughter claimed she had equal stakes in all her mother’s investment homes.
The wealthy property investor ended up incurring substantial legal costs in the High Court to reclaim her real estate when the daughter claimed she had equal stakes in all her mother’s investment homes.

Sweden proposes to cut fuel tax and reduce Iran war price impact

The government said it would also compensate households for higher electricity and gas prices in January and February.
The government said it would also compensate households for higher electricity and gas prices in January and February.

Young & Savvy

Filing taxes is boring work. My late aunt gave me 3 tips to optimise it

The writer's aunt cared deeply about financial prudence, and tax was a realm in which she brimmed with solicited and unsolicited advice.
The writer's aunt cared deeply about financial prudence, and tax was a realm in which she brimmed with solicited and unsolicited advice.

Time to ban flavoured cigarettes, which lure young people

Smokers will have to pay 20 per cent more for tobacco products from Feb 12.
Smokers will have to pay 20 per cent more for tobacco products from Feb 12.

US to slash fee for renouncing citizenship

Consular fees for renouncing US citizenship will be reduced from US$2,350 (S$3,000) to $450 starting April 13.
Consular fees for renouncing US citizenship will be reduced from US$2,350 (S$3,000) to $450 starting April 13.

Man wants ex-wife to pay back ABSD for buying a second property

A man wanted ex-wife to account for the stamp duty paid for a second property because he did not approve the purchase.
A man wanted ex-wife to account for the stamp duty paid for a second property because he did not approve the purchase.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.