by DM EBOS | Nov 14, 2024 | Accounting, GST
Singapore’s national donation portal, Giving.sg, is offering an excellent incentive for those who wish to support meaningful causes: a 250% income tax relief on donations made to selected charities by December 31, 2024. This means that for every dollar you donate, you...
by DM EBOS | Nov 12, 2024 | Accounting, Cloud Accountant
Cloud accounting has become a disruptive force in the financial industry throughout the last ten years. Businesses of all sizes worldwide are reaping the benefits of cost savings, improved collaboration, real-time data access, and better productivity by migrating...
by DM EBOS | Nov 7, 2024 | Accounting, Cloud Accountant
Choosing the appropriate accounting software is essential for NGOs in order to maintain transparency, expedite financial management, and distribute cash efficiently. Nonprofits are increasingly choosing cloud-based accounting systems because they provide automation,...
by DM EBOS | Nov 5, 2024 | Accounting, Cloud Accountant, Taxes
Due in large part to its business-friendly atmosphere and advantageous tax system, Singapore has long been regarded as one of the most alluring locations for investors and companies globally. The nation’s tax incentives are essential for promoting innovation and...
by DM EBOS | Oct 31, 2024 | Accounting, Cloud Accountant
Today’s entrepreneurs in Singapore are more mobile and connected than ever in this fast-paced, digital-first world. Real-time financial management has become crucial due to the trend toward flexible, remote work, whether from coffee shops, coworking spaces, or...
by DM EBOS | Oct 29, 2024 | GST, Taxes
Managing tax responsibilities can be a difficult undertaking for Singaporean business owners. Despite being business-friendly, the city-state tax system has strict compliance standards and filing deadlines that require prompt and accurate reporting. For business...
by DM EBOS | Oct 24, 2024 | Accounting, Cloud Accountant
Technology is driving a shift in financial services as Singapore continues its path to become a global center for digital innovation. Cloud accounting is one of the most significant breakthroughs, changing the way financial services are provided and administered. In...
by DM EBOS | Oct 22, 2024 | Accounting, Cloud Accountant
Digital transformation is more than just a catchphrase in the rapidly changing business world; it is a necessity. The use of cloud accounting solutions to improve and expedite a number of operational procedures, such as regulatory filings with the Accounting and...
by DM EBOS | Oct 17, 2024 | Accounting, Cloud Accountant
Industries all around the country are changing quickly to keep up with Singapore’s continued embrace of the digital era. The use of cloud accounting in the finance industry has become a game-changer, radically altering how experts manage financial data,...
by DM EBOS | Oct 15, 2024 | Accounting, Cloud Accountant
To remain in compliance with local legislation, small and medium-sized firms (SMEs) in Singapore must comprehend the filing requirements established by the Accounting and Corporate Regulatory Authority (ACRA). There may be fines, late fees, or even legal action if...