INCOME TAX EXPENSES (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT

The income tax provision consists of the following components:

	For the years ended December 31,
	2019		2020		2021
	SGD’000		SGD’000		SGD’000
Income tax:
Current year		29		500		-
(Over) Under provision of prior years		19		34		37
		48		534		37
Deferred tax:
Current year		194		84		(37	)
(Over) Under provision of prior years		-		-		-
		194		84		(37	)
		242		618		-

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

	For the years ended December 31,
	2019			2020			2021
	SGD’000			SGD’000			SGD’000
Income before tax expenses:		584			2,345			2
Tax at the domestic income tax rate		99			399			1
Tax effect of expenses that are not deductible in determining taxable profit		528			391			37
(Over) Under provision in prior years		19			34			37
Tax effect of non-taxable incomes		(11	)		(98	)		(44	)
Tax effect of unused tax losses not recognized in prior years now recognized		(190	)		-			-
Tax incentives		(203	)		(110	)		(31	)
Others		-			2			-
		242			618			-