IRAS recovers over S$3m from funeral sector in unpaid taxes and penalties since 2019
Detailing how this may happen, the agency said family members double-hatting as bookkeepers may result in sales and expenses not being properly recorded. Payment from clients – typically cash from contributions collected from family and friends – similarly may not be documented. IRAS has also prosecuted one religious practitioner since 2019. Among the potential offences … Read more
