Overtime Calculation Singapore: MOM Approved
Overtime work is a common practice in Singapore, especially in certain industries. However, ensuring accurate and compliant overtime calculations can be a complex task for employers. The Ministry of Manpower (MOM) has specific guidelines to protect the rights of employees and ensure fair compensation for extra hours worked. This blog aims to provide a clear […]
CPF Rate Singapore | How Much CPF Contributions To Pay
Singapore’s Central Provident Fund (CPF) is a mandatory savings scheme that sets aside a portion of your salary for retirement, housing, and healthcare. Understanding your CPF contribution rate is crucial for financial planning. Let’s delve into the specifics of CPF rates in Singapore. What is CPF Rate Singapore? The CPF rate in Singapore refers to […]
GOHRBPO: Reliable Outsourcing Payroll Services in Singapore
Outsourcing payroll can be a game-changer in businesses of all sizes. Managing payroll can be a complex and time-consuming task. From calculating salaries and deductions ensuring compliance with ever-changing regulations, the process requires expertise and attention to detail. This is where outsourcing payrolls services becomes a strategic move. You can free up your HR team’s […]
How to create a PTO policy for global teams? The Need for Payroll Services
Payroll Services in today’s globalized business landscape is vital, factors like managing employee leave across different countries and cultures can be a complex challenge. A well-structured Paid Time Off (PTO) policy is essential for ensuring fairness, compliance, and employee satisfaction. Let’s explore the key considerations for creating an effective PTO policy for global teams. Understanding […]
Managing Payroll: Don’t Let Challenges Slow You Down
Managing payroll is critical but often a complex function for businesses of all sizes. Functions like ensuring timely and accurate payments to the employees is necessary for boosting morale and avoiding legal issues and penalties. This blog identifies with the challenges of managing payroll and equips you with practical solutions in order for you to […]
Optimizing Your Singapore Tax: Claiming Business Expense Deductions
In Singapore, a thriving business hub, minimizing your tax liability is crucial for long -term success. The good news is, The Inland Revenue Authority of Singapore (IRAS) allows businesses to claim deductions on a wide range of qualifying expenses. By effectively claiming these deductions you can significantly reduce taxable income and optimize your Singapore Tax […]
Payroll Software for Singapore: Streamline CPF & Empower Startups
Establishing a startup in Singapore is exciting, though managing employees’ payments proves to be tiring. Challenges such as Central Provident Fund (CPF) regulations put younger companies in a very tight corner, given their limited resources. Here is payroll software to the rescue. In this blog, I explain how using payroll software for Singapore businesses simplifies […]
Starting a Small Business in Singapore: Know All About Payroll Taxes
Congratulations! You’ve embarked on the exciting journey of starting a small business in Singapore. This dynamic nation offers a thriving ecosystem for entrepreneurs, but navigating the world of payroll taxes can feel overwhelming. Fear not! This guide equips you with the essential knowledge to ensure your small business in Singapore complies with all payroll tax […]
CPF Singapore: Understanding Contribution Changes Effective from 1 January 2025
The Central Provident Fund (CPF) is a social security scheme in Singapore that plays a crucial role in supporting citizens and Permanent Residents (PRs) throughout their lives. Every year, the Singapore government reviews and adjusts CPF contribution rates to ensure the scheme’s sustainability and meet the evolving needs of the population. This blog delves into […]
Your Ultimate Guide: Choosing a Right Payroll Service Provider
Running a business is as exciting as it gets, but for many business owners and entrepreneurs payroll can be a real headache. From complex tax calculations to processing on time payments, it’s a task fraught with endless pitfalls. But fear not! The answer to easy payroll processing is choosing the right payroll service provider which […]