What Changes Have Been Made to the Companies Act Recently?
Businesspersons, established and budding would-be entrepreneurs operating in Singapore must maintain a close watch on changes in the law. One law getting much focus lately is the Companies Act. Let us examine the recent updates and how they may affect you or your business. A Brief Overview of the Companies Act The question is, what […]
Tips for Accurately Filling Out the 2024 IR8A Form
Hello there, fellow Singaporeans! It’s that time of the year when most of us become accountants to wrangle with the exciting nature of tax forms. Today, we shall look into the IR8A form for 2024; it’s that all-important paper summarizing your employment income for the whole year! Not to worry; we’ll throw you a few […]
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 […]