Sat.Sep 28, 2024

article thumbnail

Election 2024 and the 'unpredictable landscape' of accounting

Accounting Today

AICPA chief Barry Melancon parses the tax issues of the election, as well as the broader uncertainty facing the profession.

article thumbnail

Nominee Directors for Corporate Finance Advisory Services in Singapore: What You Need to Know

Counto

Nominee Directors for Corporate Finance Advisory Services in Singapore: What You Need to Know As a small business owner in Singapore, understanding the role of nominee directors is essential for ensuring compliance with regulations governing corporate finance advisory services. This guide outlines the key responsibilities of nominee directors and highlights their importance in maintaining business integrity within your sector.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tax Implications for Fixed Assets in SMEs in Singapore: Preparation Strategies

Counto

Tax Implications for Fixed Assets in SMEs in Singapore: Preparation Strategies As a small business owner in Singapore, understanding the tax implications for fixed assets is crucial for efficient financial management. Knowing how to prepare for these implications enables you to optimise deductions and manage your tax liabilities effectively. Let’s explore essential strategies to prepare for the tax considerations related to fixed assets and enhance your business’s financial standing. 1.

Tax 52
article thumbnail

Conditions for Claiming a 100% Write-Off for Low-Value Assets in Singapore SMEs

Counto

Conditions for Claiming a 100% Write-Off for Low-Value Assets in Singapore SMEs As a small business owner in Singapore, it’s crucial to be aware of the tax deductions available to you, particularly the opportunity to claim a 100% write-off for low-value assets. This guide outlines the specific conditions to meet in order to take advantage of this beneficial tax provision designed for Singapore SMEs. 1.

article thumbnail

Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

article thumbnail

How Dividend Payments Affect Your Company’s Valuation and Investor Appeal in Singapore

Counto

How Dividend Payments Affect Your Company’s Valuation and Investor Appeal in Singapore As a small business owner in Singapore, understanding the intricacies of dividend payments is crucial for making informed financial decisions. Dividends are not merely a distribution of profits; they represent a strategic tool that can enhance your company’s valuation and attract potential investors.

article thumbnail

The Tax Impact of Dividends: A Guide for Singaporean Businesses

Counto

The Tax Impact of Dividends: A Guide for Singaporean Businesses Dividends are a vital aspect of corporate finance, representing a share of profits distributed to shareholders. Understanding the tax implications of dividends is crucial for Singaporean businesses, as it can significantly influence financial planning and investment strategies. 1. Overview of Dividends in Singapore Dividends are payments made by a corporation to its shareholders, typically derived from its profits.

Tax 52