Counto

MARCH 24, 2025

Why ECI Filing Matters Filing ECI allows IRAS to assess your corporate tax early and may result in early instalment plans for tax payments. Cash Flow Planning for Tax Payments Filing ECI early can unlock instalment payment plans for corporate tax, easing cash flow pressures. Your competitors aren’t.

Corporation Tax 52

Corporation Tax Accounting Accounting Reconciling 52

Counto

MARCH 23, 2025

Bookkeeping Typically charged monthly or quarterly, bookkeeping services involve recording daily transactions, reconciling bank statements, and maintaining ledgers. Regulatory Requirements Some businesses, especially those near audit thresholds, need additional financial statements or management reports, which can also affect pricing.

Bookkeeping 52

Bookkeeping Accounting Accounting Payroll 52

Counto

MARCH 19, 2024

Proper record-keeping is crucial for accurate tax reporting and to navigate audits or inquiries by the Inland Revenue Authority of Singapore (IRAS). Organised Records: Use accounting software, maintain a filing system for physical documents, and regularly reconcile bank statements.

Record Keeping 52

Record Keeping Financial Records Accruals Corporation Tax 52

Counto

NOVEMBER 27, 2024

ACRA Compliance : Ensure the system supports accurate financial reporting and is ready for audits as per Accounting and Corporate Regulatory Authority (ACRA) standards. Tax and Legal Framework : Ensure that the new system complies with local tax laws and is ready for any legal audits.

Accounting 52

Accounting Accounting Financial Reporting Payroll 52

Billah and Associates

JANUARY 27, 2021

Corporate tax deadlines are a little different than personal tax deadlines. For tax purposes, corporations can have year-ends that are not December 31st. Corporate tax return filings are due 6 months after the year-end For eg, a December 31, 2022 year-end would have a June 30, 2023, due date.

Tax 52

Tax Corporation Tax Financial Statements Bookkeeping 52