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INCOME TAX EXPENSES (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT | The income tax provision consists of the following components: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | For the years ended December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | SGD’000 |  |  | SGD’000 |  |  | SGD’000 |
Income tax: |  |  |  |  |  |  |  |  |  |  |  |
Current year |  |  | 500 |  |  |  | - |  |  |  | 289 |
Under provision of prior years |  |  | 34 |  |  |  | 37 |  |  |  | - |
Current Income Tax Expense Benefit |  |  | 534 |  |  |  | 37 |  |  |  | 289 |
Deferred tax: |  |  |  |  |  |  |  |  |  |  |  |
Current year |  |  | 84 |  |  |  | (37 | ) |  |  | (61 | )
Under provision of prior years |  |  | - |  |  |  | - |  |  |  | 7 |
Deferred Income Tax Expense Benefit |  |  | 84 |  |  |  | (37 | ) |  |  | (54 | )
Income Tax Expense (Benefit) |  |  | 618 |  |  |  | - |  |  |  | 235 |
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION | SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | For the years ended December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | SGD’000 |  |  | SGD’000 |  |  | SGD’000 |
Income before tax expenses: |  |  | 2,345 |  |  |  | 2 |  |  |  | 1,427 |
Tax at the domestic income tax rate |  |  | 399 |  |  |  | 1 |  |  |  | 243 |
Tax effect of expenses that are not deductible in determining taxable profit |  |  | 391 |  |  |  | 6 |  |  |  | 27 |
Under provision in prior years |  |  | 34 |  |  |  | 37 |  |  |  | 7 |
Tax effect of non-taxable incomes |  |  | (98 | ) |  |  | (44 | ) |  |  | (42 | )
Tax incentives |  |  | (110 | ) |  |  | - |  |  |  | - |
Others |  |  | 2 |  |  |  | - |  |  |  | - |
Income Tax Expense (Benefit) |  |  | 618 |  |  |  | - |  |  |  | 235 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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