Singapore and Cambodia Sign Agreement for Avoidance of Double Taxation (DTA) Singapore and Cambodia signed an Agreement for the Avoidance of Double Taxation (DTA) on 20 May 2016. The signing took place in Singapore between Ms Indranee Rajah, Senior Minister of State for Law and Finance, and Dr. Aun Pornmoniroth, Cambodia’s Senior Minister of Economy…
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Latest BizFinx Preparation Tool Released The latest version (v.2.4.0) of the BizFinx preparation tool which includes support for Microsoft Office 2016, is now available for download at BizFinx website. The updated version also incorporates bug fixes and enhancements. Please click here for more details. All preparers are encouraged to upgrade to this updated version 2.4.0,…
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Tripartite Guidelines on Re-employment of Older Employees Revised and WorkPro Schemes Enhanced The Ministry of Manpower (MOM) announced at the Committee of Supply Debate on 8 April 2016 that the re-employment age will be raised from 65 to 67 on 1 July 2017. To prepare employers and employees for this change in the re-employment landscape,…
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Lawrence Chai, the managing director of the leading Singaporean company 3E Accounting Pte Ltd and the youngest TAFEP Exemplary Employer Award Winner shares the secrets on how he keeps his employees happy, live on Capital 95.8 FM. Established in 2011, with revenues exceeding over $3 million, ranked among the top 30 Singaporean accounting firms and…
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3E Accounting Was Ranked Second in the Category of the Top 5 E-filing Tax Agent Firms With the Most Improved C-S/C E-filing Rate in Ya 2015. The e-Filing of form C-S in Year of Assessment was introduced by IRAS in 2012 for small companies. SINGAPORE, April 29, 2016 – Offering a diverse range of services…
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Dear Reader, Welcome to our E-Newsletter May 2016 We are glad to present you our newsletter for May 2016. In this issue, we wish to share with you on our excitement of being the 1st Accounting Firm in Singapore to embark on yet another innovative path. On 1 April 2016, 3E Accounting Pte. Ltd. became the…
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Dear Reader, Welcome to our E-Newsletter April 2016 We are glad to present you our newsletter for April 2016. In this issue, we would like to give some highlights to the recent most talked about business topic: Singapore Budget 2016 Budget speech, which was a business-minded one, was being made in Parliament recently. Accordingly, for the…
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Second Protocol to Singapore-UAE Agreement for the Avoidance of Double Taxation Enter Into Force The Second Protocol amending Singapore’s standing Avoidance of Double Taxation Agreement (DTA) with United Arab Emirates (UAE) entered into force on 16 March 2016. The revised terms in the Second Protocol include longer threshold periods to ascertain the presence of a…
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The International Accounting Standards Board April Key Update The April 2016 IASB Update has been published. The International Accounting Standards Board (the Board) has today issued amendments to the Revenue Standard, IFRS 15 Revenue from Contracts with Customers, clarifying some requirements and providing additional transitional relief for companies that are implementing the new Standard. The…
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Issuance of Itemised Pay slips and Key Employment Terms with effect from 1 April 2016 Changes to the Employment Act (EA) requiring employers to issue itemised pay slips and key employment terms come into effect on 1 April 2016. The objectives of these changes are to: – Improve employment standards; and – Facilitate the resolution…
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Compulsory to E-filing of Section 45 Withholding Tax Online From 1 July 2016 We would like to inform that e-filing of Section 45 Withholding Tax will be made compulsory with effect from 1 July 2016. Paper filing will not be accepted after 1 July 2016. Click here for more information. …
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3E Accounting Singapore Winner of TAFEP Exemplary Employer Award 2016 Singapore based firm and business registrar, 3E Accounting has won the TAFEP Exemplary Employer Award owing to its fair, responsible and progressive employment practices. The company grew from a small husband and wife collaboration back in 2011 to an established brand of very satisfied employees…
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