Resources

Articles

The Different Taxes A Company Has To Pay In Singapore

In Singapore, the taxes a company is liable to pay can be generally be broken down into 5 types. Here’s a general overview of the 5 types…

Financial Statements Explained – Balance Sheet, Profit and Loss Statement, Cashflow Statement

As a business owner or investor, it is important to keep a close tap on the company's financial health. This allows you to know how…

A Guide To Singapore Goods And Services Tax (GST)

A Guide To Singapore Goods And Services Tax (GST) Goods and Services Tax (GST) is a consumption tax broadly imposed on the supply of goods…

What is Cloud-Based Accounting Software?

As a business owner, accounting is a very time-consuming yet critical activity that you have to do. You will be able to analyse your…

Consequences Of Failure To File Annual Returns

In accordance with Section 197 of the Companies Act, all companies must be required to file their annual returns on time. Failure to file…

When Is The Right Time To Hire An Accountant?

Challenges you face As a small-medium enterprise owner, you will face many challenges during daily business operations. One of the common…

How does a company pay dividends in Singapore

We hear so much of this term dividends but we seldom discuss the rules and implications associated with it. As most will know, it is…

Singapore Companies Filing Requirements

Every year, companies in Singapore are required to file with two main governing bodies, namely Accounting and Corporate Regulatory…

Audit Exemption For Singapore Private Limited Companies 2021

Legislated in Singapore Companies Act, before filing with the Accounting and Corporate Regulatory Authority (ACRA), all private limited…

What Is Estimated Chargeable Income (ECI) and When To File It?

What is Estimated Chargeable Income (ECI)? Estimated chargeable income (ECI) is an estimate of the company’s taxable income after deducting…

File Your Corporate Tax via The New Form C-S (Lite)

The Inland Revenue Authority of Singapore (IRAS) has come up with an easier and new e-filing measure from Year of Assessment (YA) 2020,…

Tax Deductible Expenses For Your Singapore Company

In the course of running the business, there are certain tax deductible expenses incurred that you can offset against your company’s…

How To Reduce Corporate Tax Bills With These Tax Reliefs

The corporate tax filing deadline is around the corner. The deadline for filing your corporate tax is by 15th December 2020. Do you know…

Do I have to file corporate tax for YA 2020?

December is the holiday season for most of us, at the same time it is the time to file corporate tax for business owners. The filing…