Counto

MARCH 24, 2025

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.

Tax 52

Tax Corporation Tax Accounting Software Budgeting 52

Xero

MAY 16, 2023

These requirements involve changes to details in the Employment and Taxes tabs. In Xero Payroll, all active and terminated employees (who will be included in the STP finalisation for the financial year) will need an employment type, income type and tax scale defined in their records.

XERO 55

XERO Payroll General Ledger Reconciling 55

Xero

MAY 17, 2022

Tax time will look a little different this year compared to last, with the conclusion of the JobMaker and JobKeeper schemes and business slowly returning to normal. We havet a support article available in Xero Central that provides some useful information about reviewing your payroll transactions at the end of the financial year.

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Payroll General Ledger XERO Reconciling 246

Counto

FEBRUARY 18, 2025

Salary, Payroll, and Tax Compliance: What Small Businesses in Singapore Need to Know Managing payroll effectively is crucial for small businesses in Singapore. Ensuring that employees receive their salary on time, meeting tax compliance obligations, and keeping up with CPF contributions may seem complex.

Payroll 52

Payroll Tax Bookkeeping Budgeting 52

Xero

NOVEMBER 30, 2022

You can now access Xero Central support articles without leaving Xero, by selecting the question mark icon in the navigation bar at the top of the screen. Map different tax rates in Shopify — Global. Map different tax rates in Shopify — Global. Additional fields in Xero Tax — Australia. New GST rate in Xero — Singapore.

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XERO Payroll Bank Reconciliation Invoicing 246

CapActix

FEBRUARY 7, 2025

Tax return preparation is often pushed till the last minute. Moreover, if you are a CPA or an accountant working for clients and preparing taxes for them, then you better not wait till the last moment. You must keep moving the needle as a professional tax return preparer. This creates stress and mistakes.

Tax 40

Tax Auditing Financial Records Bookkeeping 40

Intuit

NOVEMBER 20, 2023

Table of Contents Weekend Jobs in Accounting 5 Accounting and Tax Jobs to Boosts Your Weekend Income What's the Life of a Remote Accountant Like? How about doing some taxes and bookkeeping to boost your income? TurboTax Live Tax Associate Jobs $19.90 – $28.00/hr How Do I Get an Accounting Job Without Experience?

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Tax Accounting Accounting QuickBooks 130

Counto

NOVEMBER 10, 2024

Tax Deductions and Incentives Available for F&B Businesses in Singapore F&B businesses in Singapore face a range of operational challenges, but tax deductions and government incentives provide valuable opportunities to reduce costs and improve profitability. Discover how we can streamline your taxes and accounting today.

Tax 40

Tax Financial Records Auditing Invoicing 40

Xero

SEPTEMBER 1, 2022

Rollover and merge pre-populated data in Xero Tax — New Zealand. When you create a new tax return for your clients, the prior year return’s worksheet entries will now be rolled forward and automatically merged with pre-populated data from the IRD. Set up employees more confidently in Xero Payroll — UK.

XERO 264

XERO Payroll Data Entry Tax 264

Xero

JANUARY 29, 2024

With Stripe Link, credit card details can be securely saved and reused in the future for faster, smoother payments Unlock exclusive new workflows like e-invoicing , and if you’re in the US, a brand new automatic sales tax solution powered by Avalara This is just the beginning of what’s to come.

XERO 279

XERO Invoicing Tax Auditing 279

Intuit

APRIL 5, 2023

While basic skills such as budgeting, investing, and understanding taxes help to promote financial independence, unfortunately, financial literacy isn’t equally accessible to all. The course consists of tools, articles and real-world examples designed to build a strong foundation for financial confidence.

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QuickBooks Budgeting Tax Accounting Software 246

Accounting Today

DECEMBER 16, 2024

Ed is offering to email a bundle of articles that provide helpful tax, valuation, financial planning and practice management advice.

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Accounting Accounting Tax 130

Counto

APRIL 10, 2024

Startup Tax Exemptions: Unlocking Savings with Expert Strategies and Real Examples At Counto, we’re not just about numbers; we’re about making the complex world of taxes simpler for you. Today, we’ll have a closer look at startup tax exemptions, an essential piece of knowledge for every new business owner and entrepreneur.

Tax 98

Tax Corporation Tax Bookkeeping Accounting 98

Xero

AUGUST 22, 2023

This AI assistant will draw on Xero Central articles, providing relevant answers and information to key questions, and guiding them on how to complete tasks. Our vision is that in the future, Xero Practice Manager (XPM) , Xero HQ and Xero Tax will be seamlessly connected, with no duplicates or double handling.

XERO 246

XERO Bank Reconciliation Data Entry Payroll 246

Accounting Tools

MARCH 1, 2024

What is Tax Accounting? Tax accounting refers to the rules used to generate tax assets and liabilities in the accounting records of a business or individual. Tax accounting is derived from the Internal Revenue Code (IRC), rather than one of the accounting frameworks , such as GAAP or IFRS. Future years.

Tax 75

Tax Accounting Accounting Financial Statements 75

Counto

JANUARY 11, 2025

From digital tools to tax relief and workforce development, heres how you can leverage these initiatives to achieve your goals. Go Green and Reap the Benefits The 2025 Budget underscores the importance of sustainability, offering grants and tax incentives for adopting eco-friendly practices.

Budgeting 52

Budgeting Corporation Tax Tax Billing 52

AvidXchange

DECEMBER 20, 2024

Tax season is a busy time for finance departments. According to H&R Block , a 1099 is a tax form used in the United States to report various types of income that are not wages, salaries, or tips. It is commonly issued to independent contractors, freelancers, or supplier s who have been paid $600 or more during the tax year.

AP 52

AP Data Entry Accounts Payable Accounts Payable 52

Counto

NOVEMBER 14, 2024

Experience the Counto advantage Counto is the trusted provider of accounting, tax preparation and CFO services for startups and SMEs. Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price.

Accounting 52

Accounting Accounting Corporation Tax Invoicing 52

Counto

DECEMBER 15, 2024

Meetings that focus on key topics like accounting services , budgeting, taxes, and operational strategies need to be efficient. Key topics may include financial reviews, tax planning, and budget updates. Example : Before a tax filing meeting, ChatGPT can collect and summarise previous filings and current tax information.

Budgeting 52

Budgeting Collections Financial Statements Tax 52

Intuit

DECEMBER 23, 2024

It has few tax features. Learn more about important concepts like taxes, investments, loans, and using credit effectively and responsibly. This article is part of our comprehensive budgeting guide , where you can learn more about the concepts behind these apps. The apps interface is intuitive and easy to use.

Budgeting 130

Budgeting Billing Financial Accounting Accounting 130

Counto

JANUARY 10, 2025

We’ll cover everything you need to know about classification, valuation, tax implications, and best practices so you can confidently manage cryptocurrency in your business operations. From multicurrency accounting to tax filing, Counto handles it allwith unlimited transactions. We prioritise your savings and efficiency.

Accounting 52

Accounting Accounting Record Keeping Tax 52

Xero

MAY 17, 2022

If your tax advisor has advised you to pay accrued Superannuation Guarantee before June 30, it is recommended you make this payment by Tuesday 14th June 2022, 2pm AEST to ensure that payments are fully processed by the receiving fund, before 30 June. You should also seek advice from your financial or tax advisor as required.

Payroll 246

Payroll XERO Bookkeeping Tax 246

Counto

JANUARY 9, 2025

However, recent changes in tax regulations have introduced GST on imported digital services , which may impact your businesss bottom line. This helps ensure that both local and international service providers are taxed equally. Let Counto’s tax specialists handle Singapore’s tax complexities for you.

Tax 52

Tax Collections Budgeting Record Keeping 52

Counto

NOVEMBER 7, 2024

This increases the complexity of ensuring compliance with various tax regimes. Correctly allocating the value of these intangibles across different jurisdictions is key for tax purposes. Benefit from a dedicated team of experts, including a bookkeeper, Chartered Accountant, and tax specialist.

Tax 52

Tax Accounts Payable Accounts Payable Payroll 52

Counto

MARCH 24, 2025

In Singapore, Goods and Services Tax (GST) registration isnt just about crossing a revenue threshold its about knowing when, and how, to comply with IRAS requirements. GST is a consumption tax charged on goods and services supplied in Singapore, currently at 9% as of 2025. Let our tax experts handle your sales tax.

Purchase Order 52

Purchase Order Tax Payroll Bookkeeping 52

Counto

FEBRUARY 22, 2025

This practice simplifies accounting, streamlines tax filing, and enhances financial decision-making. A dedicated business account facilitates organised tracking of income and expenses, making accounting and tax preparation more straightforward. Here are five smart strategies to help you achieve financial clarity.

Budgeting 52

Budgeting Bookkeeping Record Keeping Tax 52

Counto

NOVEMBER 2, 2024

Regulatory Compliance: Proper invoicing ensures adherence to Goods and Services Tax (GST) requirements, helping you avoid potential legal issues during audits and maintaining good standing with tax authorities. Navigate tax season with confidence: Our tailored, all-in-one accounting plans optimise your finances year-round.

Invoicing 52

Invoicing Auditing Record Keeping Corporation Tax 52

Blake Oliver

JANUARY 10, 2024

With millions trying their luck, complex tax rules for reporting and deducting gambling winnings and losses present new challenges for taxpayers. With over a decade specializing in gambling taxes, this Las Vegas CPA has worked with everyone from professional poker players to casual sports bettors.

Tax 80

Tax Accounting Accounting Record Keeping 80

Counto

MARCH 24, 2025

Filing your ECI accurately and on time is a key compliance requirement set by IRAS and getting it wrong can lead to unnecessary penalties or tax issues. Why ECI Filing Matters Filing ECI allows IRAS to assess your corporate tax early and may result in early instalment plans for tax payments. Still doing accounting the old way?

Corporation Tax 52

Corporation Tax Accounting Accounting Reconciling 52

Counto

JANUARY 9, 2025

GST Registration for Small Businesses As a small business owner in Singapore, understanding when and how to register for GST is key to managing your tax obligations and staying compliant with the law. For small businesses, understanding GST registration is vital for managing your financial obligations and potentially gaining tax advantages.

Collections 52

Collections Tax Corporation Tax Financial Statements 52

Counto

NOVEMBER 2, 2024

Tax Compliance : Proper categorisation ensures all transactions are accurately recorded, essential for seamless tax reporting. Our expert accountants deliver comprehensive services—from bookkeeping to tax filing—at transparent rates. At Counto, we prioritise your bottom line.

Financial Reporting 52

Financial Reporting Data Entry Budgeting Financial Analysis 52

Counto

NOVEMBER 3, 2024

Simpler Tax Compliance and Expense Deductibility Using accrual basis accounting also makes tax compliance smoother and more accurate. With complete records, you can more easily demonstrate the legitimacy of your business expenses for tax purposes. Tired of surprise fees from accounting services?

Accruals 52

Accruals Accounting Accounting Auditing 52

Counto

FEBRUARY 10, 2025

However, with the introduction and expansion of Goods and Services Tax (GST) on digital services, consumers and businesses alike must understand how these tax changes affect subscription costs and compliance requirements. Let our tax experts handle your sales tax. Sales Tax Compliance, Handled.

Budgeting 52

Budgeting Payroll Financial Statements Tax 52

Xero

NOVEMBER 17, 2022

For example, I’ve been reading articles about how during economic downturns, more people treat themselves to one-off meaningful purchases. He’s helped me with everything from complying with Making Tax Digital, to advising me on my house move. So, this can be an opportunity for affordable luxury brands to come into their own.

XERO 253

XERO Budgeting Accounting Accounting 253

Counto

FEBRUARY 22, 2025

Supporting Tax Planning and Cost Efficiency Proper bookkeeping ensures that businesses: Accurately calculate and file taxes Identify deductible expenses to reduce tax liabilities Avoid financial mismanagement that could lead to unnecessary costs By staying tax-compliant and optimising costs, businesses can reinvest savings into further growth.

Bookkeeping 52

Bookkeeping Financial Records Budgeting Financial Statements 52

Counto

NOVEMBER 10, 2024

What Every Singapore Restaurant Owner Should Know About GST Understanding Goods and Services Tax (GST) is crucial for restaurant owners in Singapore, as it directly impacts pricing, compliance, and overall financial management. Filing GST Returns Filing GST returns is an important part of complying with Singapore’s tax system.

Record Keeping 52

Record Keeping Billing Invoicing Tax 52

Counto

MARCH 24, 2025

Choosing the right frequency helps you: Stay on top of cash flow Spot trends and address issues early Meet compliance requirements (especially in Singapore) Plan ahead for tax, payroll, and expenses The wrong frequency? Combine accounting and tax filing in a single plan. All your financials handled. See how simple it can be here.

Corporation Tax 52

Corporation Tax Financial Reporting Payroll Tax 52