Counto

JANUARY 11, 2025

How the 2025 Singapore Budget Can Support Small Business Growth Running a small business in Singapore is both exciting and challenging. The 2025 Singapore Budget introduces several measures to make your journey smoother, more sustainable, and financially secure. Explore our transparent, all-in-one pricing here.

Budgeting 52

Budgeting Corporation Tax Tax Billing 52

Accounting Today

DECEMBER 19, 2024

The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.

Corporation Tax 317

Corporation Tax Tax 317

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. Our expert accountants deliver comprehensive servicesfrom bookkeeping to tax filingat transparent rates.

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. Property Tax a.

Tax 52

Tax Corporation Tax Financial Statements Financial Records 52

Counto

JANUARY 27, 2025

Counto’s all-inclusive accounting plans for online sellers feature multicurrency support, unlimited transactions, GST submissions, and tax filingwith no hidden fees. Benefit from a dedicated team of experts, including a bookkeeper, Chartered Accountant, and tax specialist. Optimise your e-commerce finances today.

Corporation Tax 52

Corporation Tax Tax Bookkeeping QuickBooks 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. New guidelines for tax credits and rebates.

Corporation Tax 52

Corporation Tax Payroll Financial Reporting Collections 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

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

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

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

Counto

MARCH 24, 2025

Heres what SMEs and businesses in Singapore need to know about this possible shift and how it could affect operations, tax, and compliance. Let AI handle your books while tax pros manage your filing. As of 2025, Singapore continues using NRIC, FIN, and TIN, and there is no official date or plan announced for unification.

Corporation Tax 52

Corporation Tax Payroll Tax Bookkeeping 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

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