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Uplifting Singapore SMEs with the Start-up Tax Exemption Scheme Singapore’s government offers many opportunities to boost the nation’s entrepreneurial ventures. The Start-Up Tax Exemption (SUTE) proves to be a very good initiative by the Singapore government. Along with the Singapore Inland Revenue Authority (IRAS), it has launched tax-saving measures that target companies, particularly new ventures…
2020 Tax Changes in Singapore to Look Forward to On February 18th, 2020, Heng Swee Keat, the Finance minister of Singapore as well as the Deputy Prime Minister of the country, presented the Singapore Budget for 2020 with the perspective of the continuing COVID-19 epidemic, along with environmental instability. In this respect, 2020 tax changes…
Only When Disrupted, Businesses Are Forced to Adapt or Risk Falling Through Disruptions, while heavily focused, will definitely throw your balance off. For those who can adapt, will weather the interruption and come out stronger. The same concept applies when conducting business. In each era, there is an industrial revolution that makes businesses thrive for…
Is There an Increased Opportunity to Evade Personal Tax Through Corporatization? The upward revisions for personal tax were made on 23rd February 2015. These changes were subject to the top marginal income tax rate in the jubilee budget of Singapore. This announcement not only surprised the wealthy class Singaporeans, but the middle class and low-earning…
Knowing Tax Rates in ASEAN Countries for Potential Business Expansion It is vital to understand the tax structures in the country you invest in for running a business profitably. Each nation has a tax structure that is based on factors specific to that country. If you are planning to start a company in more than…
Thinking About Getting New Accounting Software? Here’s What You Need to Consider The right accounting software can make a world of difference to your business. Before you make your selection, there are several things you should consider. Before You Buy, Have You Thought About the Following? You need to put in some careful thought…
Top 5 Soft Skills That Everyone Must Possess There are things other than just expertise in your field to be successful. You could be a scientific genius or a master in your skill and still be far from succeeding if you lack soft skills. As per the survey conducted by the National Association of Colleges…
Qualities of a Great Boss You Need to Possess If you ask people how to be a great boss, not everyone has answers to it. But they might tell you a story about their counter with a bad one. There are several horrible bosses out there in the corporate world, degrading employees in front of…