Time For Local Companies to Spread Their Wings SINGAPORE: The nation’s budget for this year (2017) was unveiled against a backdrop of political and economic uncertainty, while seeking to address some of Singapore’s immediate concerns. The Budget was also a clarion call for local companies to go forth and take full advantage of the growing…
We are honoured to be awarded the Best Home-grown Global Accounting Network by the Singapore Brand on 2 March 2017. The award was actually a recognition that 3E Accounting can deliver nothing but excellent achievements as the first and largest home-grown global accounting network. Singapore Brand’s write-up on 3E Accounting Recognised as Best Home-grown Global Accounting Network Founded…
What to Consider When Migrating Overseas People choose to migrate overseas for a myriad of reasons. Better life, better opportunities, better education for their family, or perhaps migrating because they feel the time has come for them to place their roots elsewhere. Deciding to migrate overseas is a very big decision. Huge, in fact. You’re…
Wealth Management Worried about your future? Make the right investment today Wealth Management is basically a professional service that combines financial planning and investment advice to sustain long term wealth. It also includes accounting and tax services, retirement planing and legal or estate planning. Wealth Management involves more than just investment advice and it…
Job Vacancies 2016 – Research by Ministry of Manpower Singapore 5 in 10 job vacancies are PMET jobs; mainly education, healthcare, infocomm and service-related occupations Nearly half of all vacancies as at 30 September 2016 were for professionals, managers, executives and technicians (PMETs). The job openings were mainly education, healthcare, infocomm and service-related occupations. These…
All COR Applications Have to Be e-Filed via Mytax Portal In line with Government’s direction to harness technology for enhanced productivity, all COR applications have to be e-Filed via myTax Portal from 1 Jun 2017. Paper applications will no longer be accepted from this date onwards. Online via myTax Portal Log in to mytax.iras.gov.sg to…
The pioneer batch of Human Capital Partners (HCPartners) was unveiled by Minister of Manpower, Mr. Lim Swee Say at the Human Capital Partnership networking event on last Friday, February 17. Among them, 3E Accounting Pte Ltd. was proud to be recognised as the pioneer batch for human capital partnership. It was a great honour where…
Committee on Future Economy SINGAPORE: This country has over the years enjoyed sustained economic growth and successfully weathered many economic crises. Singapore’s economy has become more diversified and people in the country today enjoy a very good quality of life. The approach taken by the Singapore government to ensure its economy remains vibrant is through…
Singapore Set To Become Top Choice For Arbitration SINGAPORE: On January 10, this year, Parliament passed amendments to the Civil Law Act which paves the way for businesses involved in international commercial arbitration cases here to get third party funding (TPF). TPF basically refers to proceedings funded by an entity unconnected to a dispute. This…
Improving Re-Employment Opportunities for Older Workers in Singapore Retirement and Re-employment (Amendment) Bill 2016 and Revised Tripartite Guidelines on the Re-employment of Older Employees The Retirement and Re-employment (Amendment) Bill 2016 was passed by Parliament on 9 January 2017. In April 2016, MOM announced that following extensive tripartite consultations, the tripartite partners had agreed for…
ASC publishes the 2017 volume of FRSs and INT FRSs and the SFRS for Small Entities The Accounting Standards Council (ASC) publishes the 2017 volume of Financial Reporting Standards (FRSs) and Interpretations of Financial Reporting Standards FRSs (INT FRSs) and the Singapore Financial Reporting Standard for Small Entities (SFRS for Small Entities) that is applicable…
Indicative margins for related party loans IRAS has introduced an indicative margin which taxpayers can apply on each related party loan not exceeding S$15 million as tabulated in this table: Related party loan not exceeding S$15 million obtained or provided during the period 1 January 2017 to 31 December 2017 – Indicative margin is +…