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E-Filing Your Income Tax in Singapore 2025: A Quick Guide

E-Filing Your Income Tax in Singapore 2025: A Quick Guide

Filing your income tax in Singapore doesn’t have to be complicated. With digital advancements, the Inland Revenue Authority of Singapore (IRAS) has made e-filing quick and hassle-free. Here’s everything you need to know about e-filing your income tax for 2025. 1. Who...

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Top Tax-Saving Strategies for Singapore Residents in 2025

Top Tax-Saving Strategies for Singapore Residents in 2025

Singapore’s tax system is already one of the most competitive in the world, but savvy taxpayers can still take advantage of various legal strategies to reduce their personal tax liabilities. Whether you're an employee, self-employed, or an investor, here are the top...

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Navigating AGM & Annual Filing Requirements in 2025

Navigating AGM & Annual Filing Requirements in 2025

Every business entity must adhere to statutory compliance requirements, including holding an Annual General Meeting (AGM) and filing annual returns. These obligations ensure transparency, corporate accountability, and compliance with regulatory authorities. As we move...

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The Role of the General Ledger in Financial Reporting

The Role of the General Ledger in Financial Reporting

The general ledger (GL) is the foundation of an organization's financial system. It serves as a central repository for all financial transactions, ensuring accurate and reliable financial reporting. Without a well-maintained general ledger, businesses would struggle...

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Singapore Personal Tax 2025: Key Changes and Updates

Singapore Personal Tax 2025: Key Changes and Updates

Singapore’s tax system remains one of the most competitive in the world, offering progressive tax rates and various relief schemes to ease the financial burden on residents. As we enter 2025, several key updates have been introduced to enhance the system’s efficiency...

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Why Singapore Businesses Love Xero for Accounting

Why Singapore Businesses Love Xero for Accounting

In today’s fast-paced digital economy, businesses in Singapore are embracing cloud-based solutions to streamline operations. One such tool that has gained significant popularity among Singaporean businesses is Xero, an intuitive and powerful accounting software...

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How Cloud Accounting Software Saves Time and Money

How Cloud Accounting Software Saves Time and Money

In today's fast-paced business world, efficiency and cost savings are top priorities for companies of all sizes. One of the game-changing tools that help businesses achieve these goals is cloud accounting software. By shifting from traditional accounting systems to...

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Chart of Accounts: The Backbone of Business Accounting

Chart of Accounts: The Backbone of Business Accounting

A Chart of Accounts (COA) is a vital tool for organizing and tracking a business’s financial transactions. It serves as the foundation for a company’s accounting system, offering a structured way to classify income, expenses, assets, liabilities, and equity. What is a...

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