beginners-guide-to-deal-with-business-losses-in-singapore

Beginner’s Guide to Deal with Business Losses in Singapore

The purpose of companies is to generate revenue and profit. Nevertheless, economic crises, unpredictable market conditions, and rapidly evolving technology can adversely affect business operations, resulting in hefty losses. Unexpected situations like the outbreak of the COVID-19 pandemic also significantly impact the business’s finances, making it hard for big and small companies to sustain a […]

early-warning-signs-of-company-insolvency

8 Early Warning Signs of Company Insolvency

In today’s unpredictable economic climate, it is important that business owners remain alert to early warning signs of potential insolvency in order to act to mitigate risks early. Not recognising or ignoring these early warning signs may lead to worst case scenarios. By then, any corrective efforts would be late.  Why is it Important to […]

faqs-on-transfer-pricing-implications-of-covid-19

FAQs on Transfer Pricing Implications of COVID-19

The COVID-19 pandemic has caused substantial disarray to not only people movements but also business operations and supply chains, bringing significant financial impacts to many companies in Singapore. As such, business owners have sought clarity on several tax aspects relevant to the COVID-19 impact on their operations. In response to these issues, the Inland Revenue […]

acra-iras-new-initiative-allows-singapore-smes-to-automate-preparation-and-filing-of-statutory-returns

ACRA and IRAS New Initiative Allows Singapore SMEs to Automate Preparation and Filing of Statutory Returns

Recently, the Accounting and Corporate Regulatory Authority and Inland Revenue Authority of Singapore has collaborated with accounting software providers to integrate statutory filing requirements into the vendors’ software. This initiative aims to aid small to medium enterprises to stay competitive and relevant, following the Smart Nation initiative. What is ACRA and IRAS Seamless Filing? IRAS […]