General and administrative
|12 Months Ended|
Feb. 28, 2022
|Selling General And Administrative Expense [Abstract]|
|General and administrative||
The following items have been included in arriving at general and administrative:
Management fees relate to staff costs, accounting and administrative support services and office space recharges from related parties.
Government grants received is offset against staff cost during the financial year. Government grants received during the financial year ended February 28, 2021 are the Jobs Support Scheme (“JSS”) and Wages Credit Scheme (“WCS”) amounting to US$72,832 and US$1,627, respectively. The JSS is a temporary scheme introduced in the Singapore Budget 2020 to help enterprises retain local employees. Under the JSS, employers will receive cash grants in relation to the gross monthly wages of eligible employees. WCS is introduced to support businesses embarking on transformation efforts and encourage sharing of productivity gains with workers.
The disclosure of general and administrative expenses. [Refer: Administrative expenses]
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef