Accounting Today

AUGUST 30, 2023

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

Tax 350

Tax Financial Accounting Accounting Accounting 350

Counto

JANUARY 7, 2025

Start the Year Right: Creating a Business Growth Strategy for 2025 As a small business owner in Singapore, setting a clear and actionable business growth strategy for 2025 is essential to ensure long-term success. Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price.

Corporation Tax 52

Corporation Tax Bookkeeping Tax Payroll 52

Counto

FEBRUARY 20, 2025

Singapore Budget 2025: Key Benefits for Small Businesses The Singapore Budget 2025, presented by Prime Minister Lawrence Wong on February 18, brings welcome relief for small businesses facing rising costs while also providing support for long-term growth. This support helps you retain valuable employees while managing payroll expenses.

Budgeting 52

Budgeting Corporation Tax Computation Tax 52

Counto

JANUARY 26, 2025

Cost of Living for Foreign Entrepreneurs in Singapore in 2025 Starting a business as a foreign entrepreneur in Singapore comes with its challenges, and understanding the cost of living is one of the key factors in managing your finances effectively. Understanding the tax obligations is crucial for managing your finances.

Corporation Tax 52

Corporation Tax Tax Vendor Management Budgeting 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

Accounting Today

JANUARY 30, 2024

With the Qualified Business Income tax deduction of 20% set to expire in 2025 (unless it's extended), clients who are starting a business may wonder how their choice of entity will impact their QBI deduction and ultimately their bottom line.

Tax 157

Tax Corporation Tax 157

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. Corporate Income Tax a. Goods and Services Tax (GST) a.

Tax 52

Tax Corporation Tax Financial Statements Financial Records 52

Counto

JANUARY 7, 2025

2025 Regulatory Changes: What SMEs in Singapore Need to Know As we approach 2025, small businesses in Singapore are facing a dynamic regulatory landscape that will impact various aspects of their operations, including accounting services. Key Regulatory Changes for 2025 1. Implement updated data protection policies.

Corporation Tax 52

Corporation Tax Payroll Financial Reporting Collections 52

Counto

JANUARY 27, 2025

Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price. To learn more, speak to us directly on our chatbot, email hello@mycounto.com , or use our contact form to get started.

Corporation Tax 52

Corporation Tax Tax Bookkeeping QuickBooks 52

Counto

FEBRUARY 17, 2024

Subsidised Full-Time Diploma Pursuits : Recognising the importance of continuous upskilling, mid-career Singaporeans will receive support to pursue another subsidised full-time diploma at polytechnics, Institute of Technical Education (ITE), and arts institutions starting from the 2025 academic year.

Budgeting 52

Budgeting Corporation Tax Collections Tax 52

Counto

FEBRUARY 17, 2024

Subsidised Full-Time Diploma Pursuits : Recognising the importance of continuous upskilling, mid-career Singaporeans will receive support to pursue another subsidised full-time diploma at polytechnics, Institute of Technical Education (ITE), and arts institutions starting from the 2025 academic year.

Budgeting 52

Budgeting Corporation Tax Collections Tax 52

Counto

FEBRUARY 8, 2024

For instance: Jan – Mar 2024: Due by 30 Apr 2024 Apr – Jun 2024: Due by 31 Jul 2024 Jul – Sep 2024: Due by 31 Oct 2024 Oct – Dec 2024: Due by 31 Jan 2025 Did you know? Counto’s tax experts are backed by in-house proprietary AI tax software, which has achieved IRAS ASR+ Tier 3 qualification , the highest possible accreditation in Singapore.

Tax 52

Tax Financial Statements Corporation Tax Financial Reporting 52

Counto

MARCH 19, 2024

Filing your corporate tax return (Form C-S/ C) File with IRAS By Nov 30 (or Dec 15 for e-filing submission) This involves reporting your company’s income earned in the previous financial year, known as the Year of Assessment (YA).

Corporation Tax 52

Corporation Tax Financial Statements Tax Accounts Payable 52

NextProcess

FEBRUARY 12, 2025

The specific issues these CFOs believed could have the biggest impacts on their businesses were tariffs and changes to corporate tax policies. Theres still quite a bit of uncertainty about how presidential policy and other factors will affect economics in 2025 and beyond.

Budgeting 52

Budgeting Purchase Order Corporation Tax Computation 52

LedgerDocs

FEBRUARY 25, 2025

Tax season 2025 is fast approaching, and for bookkeepers and accountants, staying on top of the important corporate tax deadlines is the key to completing smooth filings for their clients. Example: If your fiscal year ends on December 31, 2024, your T2 is due by June 30, 2025.

Corporation Tax 52

Corporation Tax Tax Payroll Collections 52

Counto

JANUARY 26, 2025

How the Open Electricity Market Can Help SMEs Save on Energy Costs in Singapore in 2025 As a small business owner in Singapore, keeping costs down is always a priority. This blog will guide you through how the OEM works and how it can help your business save money in 2025. What is the Open Electricity Market (OEM)?

Billing 52

Billing Budgeting Accounts Payable Accounts Payable 52

Counto

MARCH 24, 2025

Current ID Numbers Used in Singapore NRIC (National Registration Identity Card) For citizens and permanent residents Used for official identification, banking, tax, employment FIN (Foreign Identification Number) Issued to foreigners with long-term passes (e.g., Let AI handle your books while tax pros manage your filing.

Corporation Tax 52

Corporation Tax Payroll Tax Bookkeeping 52

Counto

JANUARY 13, 2025

Stay Informed About Tax Deduction Schemes As of 2024, the Singapore government has extended the 250% tax deduction for donations until the end of 2026. Furthermore, from 2025, the Overseas Humanitarian Assistance Tax Deduction Scheme (OHAS) will offer a 100% tax deduction for qualifying overseas cash donations.

Bookkeeping 52

Bookkeeping Financial Statements Tax Record Keeping 52