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Is AIS Compulsory in Singapore? Understanding the Auto-Inclusion Scheme for Employers
For businesses operating in Singapore, compliance with various tax and employment regulations is crucial. One significant scheme administered by the Inland Revenue Authority of Singapore (IRAS) is the Auto-Inclusion Scheme (AIS). But is AIS compulsory in Singapore, and if so, who must comply? What is the Auto-Inclusion Scheme (AIS)? The AIS is an initiative by IRAS that mandates employers to submit employees' income information directly to IRAS electronically. This informatio
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Penalties for Payroll Non-Compliance to Avoid in Singapore
Employers must adhere to specific regulations, and non-compliance can result in severe penalties that impact the company's financial health.
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