JDT Management Services Pte Ltd

JDT Management Services Pte Ltd Offers accounting, corporate secretarial, auditing and taxation services. Member of PrimeGlobal.

Your MES approval has an expiry date. Most exporters know this. Fewer have a plan for it.Miss the renewal deadline, even...
30/06/2026

Your MES approval has an expiry date. Most exporters know this. Fewer have a plan for it.

Miss the renewal deadline, even by a day, and IRAS de-registers your MES status immediately. GST applies on every import from that point forward. No grace
period. No retroactive relief.

For companies importing several million dollars of goods each quarter, the cash flow gap can run into hundreds of thousands, every month MES is inactive. The renewal window opens 6 months before expiry. Here's exactly what needs to happen and when.

One thing worth knowing: renewals submitted with a certified ASK declaration can receive up to 5 years validity, instead of the standard 3. That's 2 extra years of
uninterrupted cash flow relief for exporters who treat compliance seriously.

Is your MES renewal on the calendar?

Learn more on: https://jdt.com.sg/mes-renewal-in-singapore-a-compliance-calendar-for-major-exporter-scheme-holders/

Most SMEs buy a new asset and claim it the same way every time.But IRAS gives you 3 capital allowance pathways, and the ...
24/06/2026

Most SMEs buy a new asset and claim it the same way every time.
But IRAS gives you 3 capital allowance pathways, and the wrong choice can trap thousands in losses you may never use.

Here's what the difference actually means for your tax bill:
→ Section 19: spread over the asset's working life (6–16 years)
→ Section 19A(1): one-third per year over 3 years — the default for most SMEs
→ Section 19A(2): full deduction in Year 1 — but only if your income can absorb it

The fastest write-off isn't always the most valuable one.
If your chargeable income is lower than the asset cost, a full first-year deduction creates a carry-forward loss, which may never be fully utilised.

The real question isn't "how fast can I write this off?" It's "which year does this deduction do the most work?"

JDT's SCTP-accredited taxation team helps Singapore SMEs map asset acquisitions to the right capital allowance pathway, matched to your profitability and tax position.

Learn more about this on: https://jdt.com.sg/capital-allowance-vs-depreciation-what-singapore-smes-need-to-know-about-iras-capital-allowance/

Are you importing goods to re-export? You could be paying 9% GST you don't need to. The IRAS Major Exporter Scheme (MES)...
10/06/2026

Are you importing goods to re-export? You could be paying 9% GST you don't need to. The IRAS Major Exporter Scheme (MES) suspends GST on qualifying imports, freeing up to S$500,000 in working capital annually.

To qualify, your business must meet ALL 3 criteria:
1. Export ratio ≥ 50% (calculated from 12 months of F5 returns)
2. GST-registered with taxable turnover
3. Clean GST compliance track record

The 5-step application process:
→ Pre-application eligibility review
→ Gather supporting documentation
→ Submit via myTax Portal (CorpPass)
→ Await IRAS review (4–8 weeks)
→ Notify freight forwarder & update procedures

⚠️Common mistakes that cost exporters their MES status:
❌ Letting export ratio slip below 50%
❌ Applying before you have 12 months of filed returns
❌ Counting exempt supplies toward your export ratio

JDT's SCTP-accredited taxation team manages MES applications, annual renewals, and compliance monitoring for Singapore exporters.

Speak with our tax team today: https://lnkd.in/gMZPwUPZ

Most GST errors aren't intentional. They're process failures. IRAS introduced the GST Assisted Self-help Kit (ASK) in 20...
05/06/2026

Most GST errors aren't intentional. They're process failures. IRAS introduced the GST Assisted Self-help Kit (ASK) in 2010 to help GST-registered businesses catch errors before they become audit findings.

The ASK framework has 3 sections:
✅Internal Controls Review - is your accounting set up correctly?
✅Pre-Filing Checklist - verify every F5 submission before you file
✅Annual Review - a full-year review certified by an SCTP-accredited tax professional

Use GST ASK when:
→ Filing your first GST return
→ You've received an IRAS audit notice
→ Revenue crosses S$1 million
→ Applying for MES, IGDS or ACMT schemes

The Annual Review is compulsory for certain IRAS scheme applications. No Declaration Form = no approval.
JDT's SCTP-accredited tax team provides certified ASK Annual Reviews, VDP support, and ongoing compliance guidance.

Learn more: https://jdt.com.sg/what-is-iras-ask-a-guide-for-singapore-businesses/

Many people think a nominee director is just a name on paper.In Singapore, that’s not how the law sees it.A nominee dire...
23/03/2026

Many people think a nominee director is just a name on paper.

In Singapore, that’s not how the law sees it.

A nominee director carries the same legal duties as any other director — including responsibility for filings, records, and oversight of the company.

There is no such thing as a “director in name only”.

If compliance issues arise, the nominee director can still face fines, disqualification, or legal action.

Understanding the role — and putting the right safeguards in place — is essential.

Read more:
https://jdt.com.sg/nominee-director-duties-and-responsibilities-explained/

Not every business expense is tax-deductible.Under IRAS rules, expenses must be wholly and exclusively incurred to produ...
17/03/2026

Not every business expense is tax-deductible.

Under IRAS rules, expenses must be wholly and exclusively incurred to produce income.

Examples of deductible expenses include rent, salaries, and professional fees.

But items like personal expenses, fines, and private car costs are commonly disallowed.

Incorrect claims can result in adjustments, penalties, and additional tax.

Understanding the difference helps businesses avoid unnecessary issues with IRAS.

Read more:
https://jdt.com.sg/deductible-vs-non-deductible-expense-whats-the-difference/

Most tax problems don’t start with bad intentions, they start with misunderstandings.In Singapore, corporate tax involve...
11/03/2026

Most tax problems don’t start with bad intentions, they start with misunderstandings.

In Singapore, corporate tax involves strict deadlines, IRAS requirements, and real penalties for mistakes. That’s why working with a good tax agent in Singapore matters for SMEs and foreign business owners.

If you’re unsure whether your tax position is fully compliant, don’t wait until IRAS issues a letter.

Talk to a JDT Tax Specialist for a professional tax compliance check and get clarity before small mistakes turn into costly problems.

Read more: https://jdt.com.sg/why-hiring-a-good-tax-agent-in-singapore-matters-for-your-business/

Budget 2026 introduces labour and CPF changes that will progressively increase operating costs from 2026 onwards.Key dev...
06/03/2026

Budget 2026 introduces labour and CPF changes that will progressively increase operating costs from 2026 onwards.

Key developments include:
• Increase in Local Qualifying Salary
• Higher Employment Pass and S Pass salary thresholds
• Senior workers' CPF contribution rate increases

While some co-funding support has been enhanced, businesses should model forward manpower costs to protect margins.

JDT assists companies in projecting cost impact, reviewing payroll structures and ensuring compliance readiness.

Early planning supports better budgeting decisions.

Read more: https://jdt.com.sg/singapore-budget-2026/

Budget 2026 introduces several immediate tax relief measures that businesses should review before Year of Assessment 202...
04/03/2026

Budget 2026 introduces several immediate tax relief measures that businesses should review before Year of Assessment 2026 filings.

Key highlights include:

• 40% Corporate Income Tax rebate (capped at $30,000)

• Minimum $1,500 cash grant for companies employing local staff

• Increased claim cap under the Double Tax Deduction for Internationalisation

• Extension of 250% tax deductions for qualifying donations

Eligibility conditions and structuring will determine the actual benefit received.

JDT assists businesses in assessing eligibility, quantifying potential savings and aligning claims with tax filing strategy.

Contact us for a structured review of how Budget 2026 affects your company.

Read more: https://jdt.com.sg/singapore-budget-2026/

Address

1 Coleman Street #05-05 The Adelphi
Singapore
179803

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Tuesday 09:00 - 18:00
Wednesday 09:00 - 18:00
Thursday 09:00 - 18:00
Friday 09:00 - 18:00

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