Counto

FEBRUARY 22, 2025

Poor record-keeping, lack of budgeting, and financial missteps can jeopardise business operations. Many small businesses in Singapore fail due to underestimating tax obligations and financial planning. How to Address It Maintain Accurate Records: Keep detailed financial records and review them regularly.

Record Keeping 52

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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

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Outsourced Bookeeping

OCTOBER 28, 2024

Staying relevant and making smarter financial decisions requires more than resilience; it requires smarter financial strategies. This article discusses how outsourced bookkeeping can be a game changer for your business despite 2025 small business financial trends. Time-Consuming: Small business owners value time.

Outsourced Bookkeeping 52

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Counto

FEBRUARY 23, 2025

MAS regulates payment systems and promotes transparency in financial transactions, which helps maintain trust in the industry. The Accounting and Corporate Regulatory Authority (ACRA), which oversees business entities in Singapore, requires businesses to maintain accurate and up-to-date financial records.

Billing 52

Billing Customer Service Bookkeeping Services Bookkeeping 52

Outsourced Bookeeping

FEBRUARY 14, 2025

Bookkeeping is important in every business to ensure that financial records remain accurate, transparent, and compliant. Some new trends and technologies are set to change and improve the industry as 2025 progresses. By using AI, business owners can maintain accurate financial records while still focusing on strategic growth.

Bookkeeping Services 52

Bookkeeping Services Bookkeeping Outsourced Bookkeeping Payroll 52

Nanonets

MARCH 4, 2025

When accuracy is non-negotiable whether in financial records, legal contracts, or regulatory compliance, OCR remains the most dependable solution. To assess the state of OCR in 2025, we benchmarked nine of the most popular OCR APIs, covering  commercial solutions, open-source OCR engines, and document processing frameworks.  Our

Computation 52

Computation Financial Statements Financial Records Accounting 52

Invoicera

MAY 20, 2024

billion by 2025.” Accounting firms play a significant role in the financial market as they provide service for various entities, as well as guidance for various individuals. These firms provide overall financial services for the better financial health of their clients. No other accounting firm has this record.

Accounting 52

Accounting Accounting Auditing Tax 52

Counto

MARCH 30, 2025

Over 60% of Businesses Used Government Support in 2025: Heres Whats Available for You If youre running a small business in Singapore, youre likely no stranger to rising costs, tighter margins, and the push to digitise. Why Tapping into Government Support Makes Business Sense Government assistance in 2025 is designed to reward good planning.

Bookkeeping Services 52

Bookkeeping Services Bookkeeping Financial Records Tax 52

Counto

MARCH 30, 2025

Singapore Extends GST Charging Grace Period to 60 Days: What SMEs Must Know About Registration in 2025 For many small businesses in Singapore, keeping up with statutory obligations is just part of running a business and one of the most significant is GST registration. Your sales tax, expertly managed. Learn about our service here.

Financial Records 52

Financial Records Invoicing Tax Accounting 52

Counto

MARCH 30, 2025

Here are practical, sustainable strategies designed for SMEs operating in Singapore in 2025. Many SMEs miss out on these simply because theyre not tracking eligible costs properly which is where clean financial records and advisory support come in. So how can business owners cut manpower costs without cutting corners?

Payroll 52

Payroll Financial Reporting Bookkeeping Bookkeeping Services 52

Counto

MARCH 6, 2025

Financial Health Clear financial records and future projections. Preparing for Negotiations Before entering negotiations, SMEs should: Ensure Financial Transparency Maintain accurate financial statements and forecasts. Our small business clients cut bookkeeping time by hours and never miss a tax deadline.

Bookkeeping Services 52

Bookkeeping Services Financial Statements Bookkeeping Financial Records 52

Counto

JANUARY 13, 2025

Beyond the social good, charitable donations can also provide significant financial benefits. 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.

Bookkeeping 52

Bookkeeping Financial Statements Tax Record Keeping 52