Counto

JANUARY 7, 2025

Revisions to the Personal Data Protection Act (PDPA) in Singapore are expected in 2025, including stricter guidelines on the collection, storage, and use of customer data. Increased transparency requirements for data collection and processing. What to Expect: Possible changes to existing tax incentives.

Corporation Tax 52

Corporation Tax Payroll Financial Reporting Collections 52

Counto

MARCH 19, 2024

Filing your GST returns File with IRAS Every quarter GST-registered businesses in Singapore are required to file GST returns to declare the amount they have collected and paid. To begin the process of filing your Corporate Income Tax (CIT) return, you must first be authorised by your company to handle CIT matters through Corppass.

Corporation Tax 52

Corporation Tax Financial Statements Tax Accounts Payable 52

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.

Tax 40

Tax Accounting Accounting Corporation Tax 40

Accounting Fun

OCTOBER 7, 2022

Corporation Tax – A levy on people with large stomachs. And finally – Asset – A complete collection of posteriors. Profit – A chief executive who gives the accountant the bottom-line. Debtor – A high society fillies’ coming out trip. Turnover – The number of times customers are fooled into buying your product.

Accounting 40

Accounting Accounting Corporation Tax Collections 40

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.

Budgeting 52

Budgeting Corporation Tax Collections Tax 52

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.

Budgeting 52

Budgeting Corporation Tax Collections Tax 52

Billah and Associates

MARCH 18, 2018

Professional help for corporate tax services can streamline your payroll process, manage payroll taxes, and ensure your business compliance needs are met, and taxes are paid consistently. Hiring independent staff is not the best solution always because maintaining separate resources can require a lot of investment.

Payroll 52

Payroll Accounting Accounting Bookkeeping 52

Counto

SEPTEMBER 12, 2024

These returns must detail GST collected from clients and input tax claims. Example: For a quarterly cycle, you need to submit GST returns that cover the GST collected and claimed over the past three months. Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price.

Tax 52

Tax Collections Corporation Tax Invoicing 52

Counto

MAY 2, 2024

Documentation and Reporting Financial institutions need to collect and verify tax residency certificates and other relevant documents from all account holders. Experience the Counto advantage Counto is the trusted provider of accounting, tax preparation and CFO services for startups and SMEs.

Tax 52

Tax Accounting Accounting Corporation Tax 52

Counto

SEPTEMBER 12, 2024

Efficient Collections: Implement procedures for managing collections to expedite payments and reduce outstanding debts. Example: If clients delay payments, consider offering flexible payment options or sending reminders to accelerate collections and improve cash flow. Analyse Financial Reports Regularly 4.1

Deposits 52

Deposits Budgeting Accounting Accounting 52

Counto

APRIL 23, 2024

Here are some strategies: Enhance Collection Processes: Speeding up the collection of receivables can provide more cash on hand. Experience the Counto advantage Counto is the trusted provider of accounting, tax preparation and CFO services for startups and SMEs.

Account Receivables 52

Account Receivables Accounts Receivable Accounts Receivable Accruals 52

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. Experience the Counto advantage Counto is the trusted outsourced provider of accounting, tax preparation and CFO services for startups and SMEs.

Purchase Order 52

Purchase Order Corporation Tax Tax Auditing 52

Counto

NOVEMBER 27, 2024

Example : For a Singapore SME in manufacturing, migrating to a system that integrates accounting with inventory management ensures that stock levels are always accurately reflected in financial reports, making data collection and reconciliation more efficient. Ongoing support is critical to maintaining smooth operations.

Accounting 52

Accounting Accounting Financial Reporting Payroll 52

Counto

JANUARY 19, 2023

IRAS is the government agency in Singapore that is responsible for the regulation of enterprise disbursement schemes and the administration of taxes. Its principal role is to collect tax revenue through an extensive set of varying taxes. With our services, we can help guarantee your business’ long-term financial success.

Tax 52

Tax Corporation Tax Financial Reporting Collections 52

Counto

JANUARY 19, 2023

IRAS is the government agency in Singapore that is responsible for the regulation of enterprise disbursement schemes and the administration of taxes. Its principal role is to collect tax revenue through an extensive set of varying taxes. With our services, we can help guarantee your business’ long-term financial success.

Tax 52

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.

Tax 40

Tax Financial Statements Financial Reporting Record Keeping 40

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.

Tax 52

Tax Corporation Tax Collections Budgeting 52