INCOME TAX
3 Simple Tips To Build Healthy Investing Habits
On the off chance that you need investing experience and think that it's difficult to begin investing, it's important to keep in mind that you begin...
How To Prepare for the GST Hike in 2022/2023
Whether while making individual purchases or while including GST charges on your company’s invoice, we’ve all been working with a 7% GST charge for...
Understanding CPF and Taxes as a New SME Business Owner in Singapore
Tax is a complex and ever-changing topic. As a small and medium business owner in Singapore, you are taxed differently from an individual. It's...
GST AND FILING SERVICES IN SINGAPORE
What does GST Stand for in Singapore? GST stands for Goods and Services Tax. GST is a tax collected by the Singapore government on most goods and...
GST and XBRL Filing and the Rise of Their Outsourcing in Singapore
GST and XBRL, measures which were implemented to optimize the economy and the financial reporting environment in Singapore, have both given rise to...
Do I pay tax when I sell my fixed asset, property?
A wealthy couple who made some $16 million from buying and selling three good class bungalows (GCBs) within six years will have the profits taxed as...
What is GST and how is it charged?
GST was first implemented on 1 April 1994, modelled off the UK VAY and New Zealand GST. It is meant to lower personal and corporate tax rates while...
Singapore is a Tax Haven
Singapore's low taxes and other incentives for foreign investors qualify it as a tax haven. Resident taxpayers pay a progressive tax on personal...
Why do companies relocate to Asia?
Singapore is a Gateway to ASEAN Countries Singapore ranked fifth among the top 20 hot economies in FDI inflows, this has made Singapore marked its...
How to Prepare Your Taxes in 8 Steps
1.Choose a Preparer Request recommendations from friends and advisors when considering a tax preparer. Verify that the person has a Preparer Tax...
Save on Corporate Income Tax in Singapore
Singapore’s corporate tax rate on chargeable income at 17 percent – it is one of the lowest in the world. Understanding your expenses is one of the...
How to Set up a Special Purpose Vehicle Entity
Let me introduce you to the process of creating a Special Purpose Vehicle (SPV) that is commonly used in the finance and real estate sectors before...