Three new software developers attain ASR+ Tier 3 status
In order to qualify as a Tier 3 ASR+ accounting software, software developers must incorporate three key digital products that enable taxpayers to fulfil their tax obligations seamlessly, namely the submission of Corporate Income Tax Returns and GST Returns via API, as well as InvoiceNow capabilities. Businesses that use Tier 3 ASR+ accounting software can enjoy the convenience of using a one-stop digital solution to meet multiple tax obligations, as well as streamline business processes such as invoicing and record-keeping. This in turn cuts down manual processes and costs, and increases productivity for businesses.
There are now six Tier 3 ASR+ accounting software. Businesses may refer to the full IRAS ASR+ listing here.
Adopt Tier 3 ASR+ accounting software and experience the benefits of a comprehensive digital solution today!
Introducing the IRAS ASR+
The IRAS ASR+ is designed to drive the adoption of IRAS’ key APIs/ functions in software, making tax compliance easier for end-business users. To date, there are over 120 software developers and resellers listed on the IRAS ASR+.
In the IRAS ASR+ framework, software developers who have incorporated any of these digital products – Submission of Corporate Income Tax Returns, Submission of GST Returns and InvoiceNow capabilities - in their software may qualify to be listed on the IRAS ASR+ website for publicity.
Tier 3 accounting software developers are eligible to apply for the IRAS Digital Integration Incentive (DII) as well as gain exposure through IRAS events and activities.
Businesses and accounting software developers can email IRAS at [email protected] for assistance or clarification on the IRAS ASR+.