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In bustling Singapore, figuring out taxes can be confusing, especially when it comes to service charges. If you're running a business or living in Singapore, it's important to understand what service charges are and how they work. In this guide, we'll explain what is a service charge in Singapore and

How to calculate GST in 2024 How the GST Rate Change Impacts You In Singapore, when you buy something, you almost always pay more than the stated price due to GST and service charge. These charges, at 8% and 10% of the item's retail price, respectively, are payable when you

What is Corporate Tax Filling? Who is obligated to file corporate income tax? Understanding Corporate Tax Filing is important and let's dive deeper into it. The Inland Revenue Authority of Singapore (IRAS) mandates the following entities to file their corporate income tax: Business entities incorporated or registered under the Companies

Get 50% off Xero PSG Grant Welcome to PSG Xero Accounting Grant Singapore! Here, you can access the incredible features of Xero Cloud Accounting Software at incredibly affordable prices. Starting from just $360 per year, our subscriptions allow you to streamline your business finances effortlessly. Enjoy the benefits of the

A complete guide on GST at Singapore Navigating Singapore's bustling urban landscape, understanding its tax system can prove daunting. Among the complexities faced by businesses and individuals is the notion of service charges. It's essential for anyone in Singapore to grasp the ins and outs of service charges and their

How to claim GST for business at Singapore Entrepreneurship can be an exhilarating journey, filled with the excitement of bringing your vision to life and navigating the complexities of business ownership. From conceptualizing your idea to achieving product-market fit and targeting your desired customer segments, every step is a thrilling

How to transition to Xero from another accounting system Are you struggling to switch to Xero from a different accounting system? Dive into this guide to learn more. Firstly, how to transition to Xero: Set up your organization within the Xero platform.Select the commencement date for recording transactions in Xero.Incorporate

How to fill GST Effortlessly manage your GST F5 returns with IRAS-compliant software, and directly file your returns from Xero to IRAS. Submit your GST return directly to IRAS from Xero with just one click, simplifying the filing process.Easily prepare GST online as Xero calculates GST on supplies and purchases,

Complete guide on how to do Singapore Corporate Tax Planning Tax planning requires a thorough review of a company's finances to implement strategies that minimize taxes. In Singapore, individuals and businesses must follow tax regulations by filing returns to calculate their taxes.In Singapore, both residents and businesses have to pay

GST Accounting Service in Singapore GST, or Goods and Services Tax, is a vital part of Singapore's tax system, akin to VAT in other countries. It was implemented on April 1, 1994, at a rate of 9% and applies to goods, services, and imports. As part of Singapore's tax strategy,