Xero

MAY 13, 2022

Making Tax Digital for Income Tax Self Assessment ( MTD for ITSA ) requires that landlords earning more than £10,000 use MTD-compatible software to keep records and make submissions to HMRC. The legislation will come into effect from April 2024. The deadline for EOPS is January 31st, after the tax year. . Claim expenses.

Tax 165

Tax XERO Record Keeping Corporation Tax 165

Accounting Today

JULY 11, 2022

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Tax 246

Tax Corporation Tax 246

Accounting Today

FEBRUARY 12, 2024

Corporations will be the beneficiaries of a reduction in the top marginal rate in all six states.

Tax 204

Tax Corporation Tax 204

Billah and Associates

SEPTEMBER 23, 2024

Understanding corporate taxes in Canada can be challenging, especially since businesses are subject to both federal and provincial taxes. Knowing the differences between these two tax systems and how they impact your business is crucial for ensuring compliance and maximizing tax savings.

Corporation Tax 52

Corporation Tax Tax Auditing Accounting 52

Counto

FEBRUARY 7, 2024

Corporate Tax Filing in Singapore: A 2024 Guide for Businesses If you’re a business operating in Singapore, understanding the intricacies of corporate tax filing is essential to maintain legal compliance and financial stability. Corporate income in Singapore is taxed at a flat rate of 17 percent.

Corporation Tax 52

Corporation Tax Tax Data Entry Accounting Software 52

Counto

APRIL 17, 2024

A Guide to New FWA Guidelines for Singapore SMEs from Dec 2024 Starting December 1, 2024, Singapore will see a significant shift towards supporting flexible work arrangements (FWAs), as mandated by the newly established Tripartite Guidelines. These are set to be available from May 2024 and can be accessed through the Tafep website.

Corporation Tax 98

Corporation Tax Payroll Bookkeeping Tax 98

Accounting Today

JULY 18, 2023

Ottawa has pledged to implement a new digital services tax in early 2024, unless a global tax agreement is ratified by OECD countries.

Tax 130

Tax Corporation Tax 130

Counto

APRIL 4, 2024

Corporate Taxes: The Benefit of Tax-Deductible Donations In the realm of business, giving back to the community isn’t just about altruism—it’s also about strategic financial planning. Tax-deductible donations offer a unique opportunity for businesses to support worthy causes while also benefiting their bottom line.

Corporation Tax 52

Corporation Tax Tax Computation Bookkeeping 52

Counto

FEBRUARY 8, 2024

Mark Your Calendar: 2024 Tax Deadlines for Singapore Businesses As we step into 2024, it’s good practice to mark your calendar for the year’s compliance deadlines. Goods and Services Tax (GST) Returns: For GST-registered companies, filing and payment are due within one month after the end of each accounting period.

Tax 52

Tax Financial Statements Corporation Tax Financial Reporting 52

Counto

FEBRUARY 20, 2025

Corporate Tax Relief and Cash Grant Good news for your bottom line – you’ll receive a 50% corporate income tax rebate for YA 2025. Even better, if you employ at least one local worker in 2024, you’ll get a minimum cash grant of SG$2,000, even if you’re not profitable.

Budgeting 52

Budgeting Corporation Tax Computation Tax 52

Accounting Today

OCTOBER 9, 2024

In less than 30 days, Americans will elect the politicians who will set policy for the next two years in Congress and four years at the White House.

Tax 182

Tax Corporation Tax 182

Counto

FEBRUARY 17, 2024

Budget 2024: Insights into the SkillsFuture Level-Up Programme In line with the Budget 2024 announcement, Deputy Prime Minister Lawrence Wong introduced comprehensive measures to bolster the national SkillsFuture movement and provide substantial support to mid-career workers aged 40 and above. Here’s what you need to know: 1.

Budgeting 52

Budgeting Corporation Tax Collections Tax 52

Earmark Accounting Podcast

AUGUST 9, 2024

Join Blake Oliver, CPA, and Scott Hodge, President Emeritus and Senior Policy Advisor at the Tax Foundation, for an engaging and insightful webinar that delves into the complexities of tax policy as discussed in Scott's new book, "Taxocracy."

Tax 49

Tax Corporation Tax CPA Bookkeeping 49

Counto

FEBRUARY 17, 2024

Singapore Budget 2024: Insights into the SkillsFuture Level-Up Programme In line with the Budget 2024 announcement, Deputy Prime Minister Lawrence Wong introduced comprehensive measures to bolster the national SkillsFuture movement and provide substantial support to mid-career workers aged 40 and above.

Budgeting 52

Budgeting Corporation Tax Collections Tax 52

Counto

FEBRUARY 17, 2024

Budget Singapore 2024: 7 Key Takeaways for SMEs and Business Owners Singapore Budget 2024 contains several financial measures to support businesses, households, and individuals. Corporate Tax: Under the Base Erosion and Profit Shifting (BEPS) 2.0 billion to assist companies in managing rising costs.

Budgeting 52

Budgeting Corporation Tax Computation Tax 52

Counto

JANUARY 2, 2024

A Quick Guide to Registering Your Company in Singapore in 2024 Singapore continues to be a thriving hub for businesses globally, and with good reason. If you’re considering starting your own company in the Lion City, this 2024 guide provides a comprehensive roadmap that surpasses the information provided in existing resources.

Corporation Tax 52

Corporation Tax Tax Accounting Accounting 52

Counto

JANUARY 21, 2025

Tax Deadlines in Singapore for 2025: Every Small Business Should Know As a small business owner in Singapore, managing your taxes may feel like a challenge. However, keeping up with tax deadlines doesnt need to be stressful. Lets break down the key tax deadlines for 2025 and share practical tips to help you stay on track.

Tax 52

Tax Corporation Tax Financial Statements Financial Records 52

Remote Quality Bookkeeping

APRIL 3, 2023

Although many of the tax breaks that the government established at the beginning of the COVID-19 pandemic have expired by now, the IRS has been looking for ways they can help relieve some of the financial stress Americans face. Are you aware of these recent IRS changes and how they may affect the amount of taxes you pay in 2023?

Tax 52

Tax Corporation Tax Bookkeeping Financial Statements 52

Counto

MARCH 19, 2024

Filing Requirements for Private Limited Companies: All You Need to Know As a Singapore business owner, it is important to understand filing requirements for private limited companies to ensure tax compliance. The process includes declaring chargeable income after deducting tax-allowable expenses, capital allowances, and reliefs.

Corporation Tax 52

Corporation Tax Financial Statements Tax Accounts Payable 52

Accounting Today

SEPTEMBER 18, 2024

A new Deloitte survey shows 58% of CFOs saying the result of the presidential election will be extremely or very consequential for their organization.

Corporation Tax 298

Corporation Tax Tax Accounting Accounting 298

Counto

SEPTEMBER 12, 2024

Essential GST Guidelines for Employment Agencies in Singapore Employment agencies in Singapore must navigate specific Goods and Services Tax (GST) regulations to ensure compliance and operational efficiency. From January 1, 2024, this rate will increase to 9%. Starting January 2024, this will increase to SGD 90.

Tax 52

Tax Collections Corporation Tax Invoicing 52

Counto

MARCH 26, 2024

Companies disagreeing with the assessed tax figure can submit a Notice of Objection, underscoring the importance of accurate and punctual ECI submissions. Revenue figures disclosed in the company’s tax return (Form C) serve as the basis for ECI calculations. Cases specifically granted the waiver to furnish ECI by IRAS.

Tax 52

Tax Corporation Tax Computation Budgeting 52

Counto

SEPTEMBER 20, 2024

Even smaller businesses can opt for voluntary registration to benefit from input tax credits. Example: A small IT consultancy firm with a turnover of SGD 500,000 opts for voluntary GST registration to reclaim tax on its equipment purchases, thereby improving cash flow. Explore our plans here.

Bookkeeping 52

Bookkeeping Accounting Software Corporation Tax Tax 52

Counto

OCTOBER 16, 2024

Singapore Maintains Strong Standing with a 4th Place in the Global Financial Centres Index Singapore has reinforced its status as a leading global financial centre, achieving fourth place in the 2024 Global Financial Centres Index (GFCI). At Counto, we prioritise your bottom line. Financial Services and Funding Opportunities 3.3.1

Corporation Tax 52

Corporation Tax Financial Services Tax Bookkeeping 52

Counto

FEBRUARY 13, 2024

For instance, if your company remained inactive and generated no income in 2023, IRAS will classify it classified as a dormant company for the Year of Assessment (YA) 2024. Annual Filings : Fulfilling corporate secretary requirements and providing management reports, such as balance sheets and profit and loss statements.

Financial Statements 52

Financial Statements Corporation Tax Financial Records Tax 52

Counto

NOVEMBER 13, 2024

Navigate tax season with confidence: Our tailored, all-in-one accounting plans optimise your finances year-round. Discover how we can streamline your taxes and accounting today. Experience the Counto advantage Counto is the trusted outsourced provider of accounting, tax preparation and CFO services for startups and SMEs.

Payroll 40

Payroll Corporation Tax Financial Statements Tax 40

Accounting Today

JUNE 14, 2024

Donald Trump promised to lower the corporate tax rate to 20%, further reducing the income levy on the largest U.S. companies that he already slashed while president.

Corporation Tax 312

Corporation Tax Tax 312

Counto

JANUARY 13, 2025

Under Singapore’s tax laws, businesses can claim a tax deduction of up to 2.5 Here’s how you can ensure compliance with tax regulations and maximise your charitable giving: 1. ” This helps keep your donations separate from other business expenses, making it easier to track and report them during tax season.

Bookkeeping 52

Bookkeeping Financial Statements Tax Record Keeping 52

Counto

JANUARY 8, 2025

As of May 1, 2024, Lazada has implemented a new commission structure with rates typically ranging from 1% to 4% , but it can vary if some product categories may have a higher fee than others. Benefit from a dedicated team of experts, including a bookkeeper, Chartered Accountant, and tax specialist.

Corporation Tax 52

Corporation Tax Tax Bookkeeping Customer Service 52

Insightful Accountant

SEPTEMBER 9, 2024

Former President Trump has proposed a significant change to corporate taxation, targeting domestic manufacturing. 5, 2024, Trump outlined a plan to reduce the corporate tax rate from 21% to 15%. Speaking at an Economic Club of New York event on Sept.

Corporation Tax 98

Corporation Tax Tax 98

Cloud Accounting Podcast

JULY 25, 2024

Blake and David Leary dive into several hot topics in the accounting world including the IRS's renewed focus on enforcement, targeting high-income individuals and non-filers, as well as the push to regulate non-credentialed tax preparers.

Corporation Tax 56

Corporation Tax CPA Tax Accounting Software 56

Accounting Today

SEPTEMBER 11, 2024

The debate Tuesday night between Vice President Kamala Harris and former President Donald Trump in Philadelphia included little discussion about taxes, but pointed to at least some of their economic policies.

Tax 182

Tax Corporation Tax 182

Accounting Today

MAY 10, 2024

President Biden's top economic advisor pledged Democrats would push to reverse Donald Trump's corporate tax cuts next year.

Corporation Tax 299

Corporation Tax Tax 299

Accounting Today

NOVEMBER 5, 2024

Democratic candidate Kamala Harris' support for higher corporate tax rates is also a source of concern. Much of the C-suite angst is over the risk of additional tariffs, particularly if Republican Donald Trump wins another term.

Corporation Tax 189

Corporation Tax Tax 189