FAILURE. The word is enough to send jitters through your spine. Imagine feeling the same after you’ve given your all for a company. Everyone starting a business wants it to…

Remember the old days when we had to copy figures from a company’s financial statements listed online and then paste it on a local spreadsheet for our usage? It turned…

A business needs a helping hand to guide it both strategically and financially.  Each accounting year brings a host of changes that can leave you perplexed about your next move. …

Today’s sophisticated worldwide economic climate necessitates that businesses get the most out of their finance and payroll functions – essentially, meeting statutory prerequisites is not, at this point adequate.  It’s…

The worldwide tax scene is intricate and multi-faceted. Because of the economic effect of COVID-19 that was further exacerbated by quarantines, self-isolation, and lockdowns, governments around the world have had…

Singapore’s market-friendly tax regime is famed worldwide and has seen the country attract a host of celebrity immigrants like Jackie Chan and Jet Li.  As a favourable tax haven, Singapore’s…

Audits have become more common due to the increasing complexity of the two primary accounting frameworks. These are the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).…

In an earlier article, we gave an overview of the Goods and Services Tax (GST) in Singapore. In this article we shall elaborate on the GST registration process in greater…

The Goods and Services Tax or GST in Singapore is known in other countries as the Value-Added Tax (VAT). It was introduced in 1994 and is still in effect. This…

In Singapore, Goods and Services Tax (GST) registration is compulsory for a person or corporation that has a total taxable turnover exceeding S$1 million and fulfills one of three views:…