Covid-19 has changed a lot of aspects of our lives. From shopping to dining to exercising and many more. It has disrupted our daily cycle. However, the group who was the most affected by this pandemic were businesses. Many businesses stop operating due to the lack of customers and revenue.…
Before we start to discuss corporate tax filing, let us take a look at corporate income taxes. To those of you who do not know, each and every company is taxed on the income that they have earned in the previous year. For example, the income that a business earned…
Tax Agent travel to businesses to analyze and check financial processes and documents to see whether they comply with the tax laws. They are the ones who determine whether a business is complying with tax regulations, calculations, and compiling a report for the financial managers. Some of the key services…
You may wonder what a business valuation is. It is a process of determining the economic value of a business or company. Business valuation can be used to determine sale value, taxes and more. Business owners spend time and effort trying to develop growth plans with goals for the future.…
Starting your own company is not as hard as you think it is. There are many steps when it comes to setting up your own company, but first you have to incorporate the company. Incorporation refers to the legal process used to form a corporate company. Today, I am going…
GST charges have become part of our lives. For example, shopping and eating. GST has been implemented in Singapore since April 1994. If you have not realised, some stores require you to pay GST while some do not. Companies that do not require you to pay GST have a total…
