Accounting Tools

JULY 14, 2023

The tax accountant position is accountable for the collection of tax-related information, reporting to taxation authorities at the federal, state, county, and local levels in a timely manner, and advising management on the tax impact of various corporate strategies. Must be detail oriented.

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Counto

MAY 2, 2024

Navigating the Foreign Account Tax Compliance Act (FATCA) in Singapore As a small business owner or entrepreneur, understanding global financial regulations like the Foreign Account Tax Compliance Act (FATCA) is crucial. government to combat tax evasion by U.S. persons and report their account details.

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Counto

SEPTEMBER 12, 2024

Managing Finances and Accounting in Singapore’s Beauty and Spa Industry Effectively managing finances and accounting is crucial for the success of beauty salons and spas in Singapore. Here’s a comprehensive guide on how to manage your salon or spa’s finances and accounting efficiently.

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Counto

NOVEMBER 27, 2024

Navigating Account Migrations: Key Considerations for Singapore SMEs For Singapore SMEs , account migrations are crucial to improving operational efficiency, enhancing financial reporting, and keeping up with evolving business needs. Ensuring Data Security During Account Migrations When migrating financial data, security is paramount.

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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. Increased transparency requirements for data collection and processing.

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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). Thereafter, access MyTax Portal and navigate to the ‘Business Tax’ section.

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Counto

FEBRUARY 17, 2024

However, the success of these initiatives hinges on collective efforts from the government, employers, workers, and unions to foster a culture of lifelong learning and skills mastery in Singapore. Try Counto accounting Counto exists to help small businesses like you save time and money throughout the year.

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Counto

FEBRUARY 17, 2024

However, the success of these initiatives hinges on collective efforts from the government, employers, workers, and unions to foster a culture of lifelong learning and skills mastery in Singapore. Try Counto accounting Counto exists to help small businesses like you save time and money throughout the year.

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Counto

APRIL 23, 2024

It includes cash, marketable securities, and accounts receivable—assets that can be quickly converted into cash within 90 days. High Dependency on Receivables: If a significant portion of your assets is in accounts receivable, your liquidity is dependent on the timeliness of customer payments. in quick assets to cover them.

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Counto

SEPTEMBER 12, 2024

Let Counto’s tax specialists handle Singapore’s tax complexities for you. Our comprehensive accounting plans seamlessly integrate GST filing—no extra fees, just straightforward expertise. Input Tax Claims 3.1. These returns must detail GST collected from clients and input tax claims.

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Counto

OCTOBER 16, 2024

Comprehensive Data Collection Centralised Data Management : Gather all financial information, including invoices, receipts, and purchase orders, into a single system for easy access. Example : A grocery store uses automated checks to verify input tax claims against purchase records, minimising inaccuracies. Explore our plans here.

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Counto

JANUARY 19, 2023

If you are one of them, you should know by now that there are two primary government agencies you will be closely working with: the Accounting and Corporate Regulatory Authority (ACRA) and the Inland Revenue Authority of Singapore (IRAS). ACRA is the regulatory body for public accountants and companies in Singapore.

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Tax Corporation Tax Financial Reporting Collections 52

Counto

JANUARY 19, 2023

If you are one of them, you should know by now that there are two primary government agencies you will be closely working with: the Accounting and Corporate Regulatory Authority (ACRA) and the Inland Revenue Authority of Singapore (IRAS). ACRA is the regulatory body for public accountants and companies in Singapore.

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Tax Corporation Tax Financial Reporting Collections 52

Counto

NOVEMBER 7, 2024

Your business collects GST on sales and can claim back input tax on business-related purchases, reducing the GST payable. Example : A café upgrading its kitchen equipment can benefit from accelerated depreciation, lowering its taxable income and reducing its corporate tax liability. Click here to learn more.

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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. Canadian-Controlled Private Corporations (CCPCs) that meet specific criteria may have three months to pay taxes owing for the year.

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Billah and Associates

MARCH 18, 2018

Accounting services like tax planning, bookkeeping, payroll, and others can steal most of your productive time. Here’s how a professional accounting service firm can help. Let’s look at 5 top benefits your business gets when you hire an accounting service provider in Mississauga.

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Billah and Associates

MARCH 16, 2023

Every cent you can save on tax is a dollar more you have to spend on necessities. When tax slips come and the May 1 deadline draws near, Canadians are collecting their T4s and receipts, but many may not be aware of the tax deductions and tax credits for 2023 that are available to them. Contact us today.

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