Choosing the right, reliable, and trustworthy bookkeeping service in Singapore is never easy. As a company’s accounting records are confidential, the accountant is exposed to this level of sensitivity. The confidentiality of financial records has a significant impact on the success of a business. Therefore, you should hire a competent and qualified accountant to assist…
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Exemptions for small companies in Singapore Today, in an increasingly fast-paced world, it is critical that small businesses work together to ensure value and security meet individual and mutual objectives. However, it is challenging to maintain smooth operations when each associated organisation operates under its internal systems and philosophies. Therefore, audits are of utmost importance.…
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All successful businesses are built upon the principles of transparency and accountability. As a business owner, you must have a solid understanding of the financial operations of your company. Here are some helpful tips on how to approach the matter. Ensure that you train your staff adequately Your staff will benefit from the training they…
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Singapore Jobs Support Scheme extended till September 2021, with more than SGD 3 billion payouts from 30 March 2021 During the COVID-19 economic instability, the JSS offers wage assistance to Singapore businesses to retain local employees, Singapore Citizens and Permanent Residents. This JSS announced in the Budget 2020 on 18 February 2020, is intended to…
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Enhanced COVID-19 Relief Measures On 16 February 2021, Mr Heng Swee Keat delivered the 2021 Budget Statement. He announced various schemes to help Singaporeans, jobs, and companies. There is a shift from broad-based assistance to more specific support especially those in the hardest-hit industries. Focus on Creating More Jobs The focus has been shifted from…
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Outsourcing to save money and precious time In Singapore, we offer you and your business entity transparent and effective Learn More and accounting services. You can concentrate on your business matters through our outsourced accounting services. Our proficient and passionate team deal with a menu of mandatory requirements throughout your financial year. That includes: Payroll processing…
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Cloud Accounting Gives You Real-time Data About Your Business As an entrepreneur, it is natural that you always want to reap success after success with your business. With that, you want to have access to the financials real-time to make better business decisions. And, you must read on to understand the Cloud Accounting Services for…
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Things You Should Know about Singapore Financial Reporting Standards (SFRS) As a business owner in Singapore, you know that accounting for your business transactions must be precise. However, you might not understand why accounting standards are such a huge deal. Only if you are the only individual seeing your business accounts, then they wouldn’t be.…
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Solidarity Budget: Additional SGD 5.1 billion to support Singaporeans & Businesses On 6 April 2020, DPM Finance Minister Heng Swee Keat announced another support package, known as the Solidarity Budget. The Solidarity Budget enhances the support packages previously introduced under Budget 2020. The earlier supplementary, Resilience Budget, addresses the rapidly evolving pandemic and its impact on the economy…
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S$48 billion Resilience Budget to support Singaporeans & Businesses On 26 March 2020, three weeks after the Minister for Finance, Mr Heng Swee Keat has delivered his Budget 2020 speech, he announced the Resilience Budget. This supplementary budget outlines a robust financial plan to address the challenges presented by the COVID-19 downturn. Key points under…
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Investing in Cloud Accounting Software is Beneficial To Your Business To stay competitive in the digital era, businesses are searching for ways to ensure success in these aspects such as management, marketing, finances, and more. Investing in innovative and effective tools like cloud accounting software is a brilliant business move. Accounting software works by automating…
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Entrepreneur’s Guide to Mastering Small Business Finance Large companies are operating with huge capital. Small businesses in Singapore, yet, thrive with a limited amount of funds. Proper management of finances at times of economic downturn is vital to surviving. Business finance mastery allows small businesses in the allocation and use of funds. This also leads to…
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Singapore FY2020 Budget Statement Summary Did you know that Singapore focuses its FY2020 Budget to help families in the country? The Singapore Government plan to uplift the economy affected by the continuous COVID-19 outbreak. These are the summary and key highlights you should know and understand. 1. $800 Million to Support the Coronavirus Outbreak…
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Medical Practice’s Compliance Needs in Singapore Accounting plays a role in any company and organization, and form a vital part in a systematic as well as faultless operations. For hospitals, medical clinic, as well as healthcare organizations, financial accountants perform with the utmost care due to the many rules and regulations. The healthcare industry is…
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Owning and running your own restaurant business in Singapore is certainly a very profitable and beneficial pursuit. Restaurant ownership can pave the way for lucrative earnings, which is actually more than what you can earn if you pursue other types of business. However, as a restaurant owner, things can also become challenging since you have…
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In today’s advent of technology, you can communicate whenever you are, and build small business wherever you wanted. You might be using social media accounts and Google sheets, but have you tried to use annual compilation services that calculates tax, bills, payrolls, expenses, and revenues? Accounting Software Shouldn’t Be A Chore to Use Amazingly,…
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