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 to the Inland Revenue Authority of Singapore (IRAS).

Tax 52

Tax Accounting Accounting Corporation Tax 52

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

NOVEMBER 7, 2024

Understanding Singapore’s Tax Requirements for F&B Businesses Running a food and beverage (F&B) business in Singapore presents unique opportunities and challenges, especially when it comes to understanding Singapore’s tax requirements. Example : A restaurant with annual turnover of S$1.5

Tax 40

Tax Financial Statements Financial Reporting Record Keeping 40

Counto

MARCH 19, 2024

Filing Requirements for Private Limited Companies: All You Need to Know As a Singapore business owner, it is important to understand filing requirements for private limited companies to ensure tax compliance. The process includes declaring chargeable income after deducting tax-allowable expenses, capital allowances, and reliefs.

Corporation Tax 52

Corporation Tax Financial Statements Tax Accounts Payable 52

Counto

SEPTEMBER 12, 2024

Essential GST Guidelines for Employment Agencies in Singapore Employment agencies in Singapore must navigate specific Goods and Services Tax (GST) regulations to ensure compliance and operational efficiency. Zero-Rated GST International Services: Services provided to clients outside Singapore may be zero-rated, meaning they are taxed at 0%.

Tax 52

Tax Collections Corporation Tax Invoicing 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. Get direct access to a dedicated Customer Success Manager, who’s backed by a team of accountants and tax specialists.

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. Get direct access to a dedicated Customer Success Manager, who’s backed by a team of accountants and tax specialists.

Budgeting 52

Budgeting Corporation Tax Collections Tax 52

Counto

SEPTEMBER 12, 2024

From multicurrency accounting to tax filing, Counto handles it all—with unlimited transactions. Efficient Collections: Implement procedures for managing collections to expedite payments and reduce outstanding debts. Tax Preparation: They ensure accurate and timely tax preparation, helping you avoid penalties and stay compliant.

Deposits 52

Deposits Budgeting Accounting Accounting 52

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

OCTOBER 16, 2024

By harnessing the power of spend analytics, businesses can enhance their cash flow, ensure precise GST reporting, and uncover potential tax savings. Comprehensive Data Collection Centralised Data Management : Gather all financial information, including invoices, receipts, and purchase orders, into a single system for easy access.

Purchase Order 52

Purchase Order Corporation Tax Tax Auditing 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.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accruals 52

Counto

NOVEMBER 27, 2024

Tailored Solutions : A solution that fits your business’ specific needs—such as handling multi-currency transactions or automated tax calculations—is vital. Our expert accountants deliver comprehensive services—from bookkeeping to tax filing—at transparent rates. At Counto, we prioritise your bottom line.

Accounting 52

Accounting Accounting Financial Reporting Payroll 52

Counto

JANUARY 19, 2023

Singapore has gained a reputation as a premier destination for business due to its strong economy and generous tax incentives. IRAS is the government agency in Singapore that is responsible for the regulation of enterprise disbursement schemes and the administration of taxes. ACRA vs IRAS: What Is the Difference Between Them?

Tax 52

Tax Corporation Tax Financial Reporting Collections 52

Counto

JANUARY 19, 2023

Singapore has gained a reputation as a premier destination for business due to its strong economy and generous tax incentives. IRAS is the government agency in Singapore that is responsible for the regulation of enterprise disbursement schemes and the administration of taxes. ACRA vs IRAS: What Is the Difference Between Them?

Tax 52

Tax Corporation Tax Financial Reporting Collections 52

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.

Corporation Tax 52

Corporation Tax Tax Payroll Collections 52

Billah and Associates

MARCH 18, 2018

Accounting services like tax planning, bookkeeping, payroll, and others can steal most of your productive time. Saves Tax Planning Headaches Tax planning is an exhaustive process that needs a sound financial plan, knowledge of stocks, dividends, interest, bonds, capital gains, mutual funds, investments, life insurance, and more.

Payroll 52

Payroll Accounting Accounting Bookkeeping 52

Billah and Associates

MARCH 16, 2023

Tax credits and tax deductions can help minimize the load on your finances. Every cent you can save on tax is a dollar more you have to spend on necessities. Moving, medical, and child care costs, charitable contributions, as well as certain news subscriptions, can all be used to offset tax payments.

Tax 52

Tax Corporation Tax Collections Budgeting 52