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Making Tax Digital for ITSA has been delayed, but we’re ready to support you

Xero

HMRC has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) has been delayed until April 2026. With small businesses, accountants and bookkeepers facing challenging times, we understand and support the delay from HMRC – giving you more time to prepare. . Why has this happened?

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Provisional Tax Planning: How Small Business Owners Can Avoid Year-End Surprises

Counto

Provisional Tax Planning: How Small Business Owners Can Avoid Year-End Surprises Running a small business in Singapore means wearing many hats from managing daily operations to planning for growth. Provisional tax planning. Heres why planning for provisional tax is crucial: 1. Combine accounting and tax filing in a single plan.

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A short guide to Making Tax Digital for landlords

Xero

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. John is a salesman employed by a business, so the company payroll takes care of his tax and national insurance contributions.

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Corporate Tax Filing in Singapore: A 2024 Guide for Businesses

Counto

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.

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Step-by-Step Process for How to File a Business Tax Return Online 

CapActix

Filling business tax return online isnt just another boring admin task, its the key to keeping your hard-earned cash where it belongs: in your business. Plus, you get access to every deduction and tax credit availableso you keep more money in your pocket instead of funding government overspending. Lets cut to the chase.

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Digital Business Accounts vs. Traditional Business Accounts: Which is Right for Your Small Business?

Counto

For example, a small business owner based in Singapore with clients in different countries can easily transfer funds internationally without the delays typically experienced with traditional business accounts. Tired of surprise fees from accounting services? Traditional business accounts may have more limited integration options.

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Essential Accounting Tips for Singapore’s F&B Industry

Counto

Streamline tax filings and avoid penalties. Our expert accountants deliver comprehensive services—from bookkeeping to tax filing—at transparent rates. Explore our all-in accounting plans and keep more of what you earn. Summary Effective accounting is key to running a successful F&B business in Singapore.