From 1 August 2016, the applicant who is applying for the PIC cash payout has to e-file the application via the e-service portal at mytax.iras.gov.sg. The detail information is available on the IRAS website.  

During implementation, I do see duplicated transactions being recorded in the accounting software. Most of the accounting software will prompt user whenever you try to record a duplicated transaction; either duplicated invoice, bill or the cheque number. However, when you are “busy” or try to “multi-task”, you may simply slip your mind and ignore the […]

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