INCOME TAX
10 Tips for Using Cryptocurrency in Your Small Business
Cryptocurrency has been getting a lot of attention lately—and for good reason. This digital currency offers a number of benefits for businesses,...
What does Singapore’s tax system and ESOP mean to you?
An Employee Stock Option Plan (ESOP) is what, exactly? Employees may receive compensation in the form of an employee stock option plan, or ESOP, as...
Top Issues Accountants Face in 2022
As technology progresses steadily through the years, are accountants still relevant? Yes, they will always be relevant, but their field of work is...
Singapore’s New framework for strengthening corporate governance
Singapore has just announced that it has released two new tax frameworks to help companies improve their tax compliance, as announced by the Inland...
4 Types of Business Structures in Singapore — and Their Tax Implications
A business structure is a category of organization that is legally recognized in a given jurisdiction and characterized by the legal definition of...
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...