ASH NEWS BITES
JULY 2026 EDITION
IN THE SPOTLIGHT
InvoiceNow Requirements Are Rolling Out!
Whether you're an existing GST-registered business or planning to register voluntarily, now is the time to understand what this InvoiceNow requirements mean for you.
WHAT’S NEW IN XERO
Introducing Smart Documents
Xero gives you one single workflow for recording your financial documents.
The Xero smart document capture feature is available to customers on all Xero small business pricing plans.
Want to explore more?
BLOG OF THE MONTH
5 Things Audit-Exempt Companies Should Watch When Using AI Accounting
While AI can significantly improve efficiency, it does not eliminate the need for financial oversight.
In fact, for audit-exempt companies, maintaining visibility over your financial records may be more important than ever.
NEWS AND INFO
At least $252,000 Lost in 3 Weeks as Singapore Victims Scammed Into Taking Out Loans
At least $252,000 was lost over three weeks in June to scams in which victims were instructed by government-official impersonators to obtain loans from licensed moneylenders.More Hitting CPF Retirement Targets at the Milestone Age of 55
More Singapore residents are hitting their Central Provident Fund (CPF) savings targets at age 55, according to the CPF Board’s 2025 annual report.
Such CPF members become eligible to withdraw excess savings if they wish. A record amount of withdrawable funds was taken out in 2025 by those aged 55 and above.
TIPS AND TRICKS
Why Early Preparation Is Key to Successful GST InvoiceNow Implementation
AVOID LAST-MINUTE
PREPARATION
REDUCE OPERATIONAL
DISRUPTIONS
IMPROVE INVOICING
EFFICIENCY
PREPARE YOUR
TEAM & SYSTEM