Dear Reader,
Welcome to our E-Newsletter July 2016
In this issue of our newsletter, we are glad to share with you the good news of our completion of yet another networking partnership agreement. We are now one step further into our expansion quest by welcoming our new member firm, SAS Smart Account Solution Co. LTD. who will represent us in the Philippines market.
SAS Smart Account Solution Co. LTD. is a member of the International Associations of Outsourcing Professionals (IAOP) and Nordic Business Council Philippines (NBCP) with its office in Manila. Please refer to here to find out more about SAS Smart Account Solution Co. LTD.
We are excited with this achievement and will definitely be bringing more good news to you in the new future.
If you also have any good news in relation to your businesses, you may want to share them with us. We would be able to help you to spread the good news through our Singapore Brand channel at https://www.singaporebrand.com.sg/. Singapore Brand is a channel for SMEs to share their success stories. If you are our existing customer, this feature will be absolutely free of charge for you. We are eager to share your joy and secret with everyone else. For more information on how the sharing can be done, please feel free to submit your request at https://www.singaporebrand.com.sg/story-to-share/ and most importantly remind us that you are 3E Accounting’s existing customer to enjoy the free sharing.
On some tax related update, please take note of the cash payout rate which will be lowered from 60% to 40% for qualifying expenditure incurred from 1 August 2016. All other conditions of the scheme remain unchanged. The PIC scheme, which has been extended for YA2016 to YA2018, will expire thereafter. It will not be available from YA2019. Hence, July 2016 will be the last month to enjoy the 60% cash payout rate. Remember to claim it before you miss it.
Stay tune with us for more exciting news again soon.
Thank you.
Lawrence Chai
Managing Director
Read More in our E-Newletters July 2016.
