PEP Case Studies
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From five to only one agency. That’s how five agencies worked to streamline and standardise their requirements on publicity banners on lamp posts along Orchard Road and the Civic District.
The PEP Secretariat had received feedback about the tedious application process to put up publicity banners on lamp posts in these two areas. Clearances from five different agencies were required as each of them looks after a specific segment of the area and has slightly different requirements on the dimensions and design of the banner.
All five agencies came together to streamline their requirements. With effect from 1 Jan 2018, the LTA is the only agency you need to approach for banners’ application along Orchard Road and the Civic District.
By extending the Major Exporter Scheme (MES) renewal application from 3 to 5 years, IRAS was able to slash compliance cost for businesses by more than 40% for more than 1,700 businesses across 8 industries.
IRAS implemented the Major Exporter Scheme (MES) to ease the cash flow of businesses that import and export non-dutiable goods substantially. However, the well-meaning MES policy was burdensome to implement. Businesses had to verify their past GST reporting via an Assisted-Self-Help Kit, which also required certification from qualified tax professionals.
After receiving a suggestion to review the requirements, IRAS extended the validity period for MES renewal application from 3 to 5 years.