by Willie Tan | Nov 1, 2024 | News
Financial hubs in Asia and other regions are expected to see a rise in wealthy newcomers as recent UK tax rule changes prompt significant outflows of high-net-worth individuals. On October 30, the UK government announced tighter tax policies on non-domiciled wealth,...
by Willie Tan | Nov 1, 2024 | News, Tax
As outlined in Budget 2024, the government has introduced measures to help businesses manage rising expenses. For the Year of Assessment (YA) 2024, all companies, whether tax-resident or not, will receive a 50% CIT Rebate on their corporate tax payable. Additionally,...
by Willie Tan | Oct 15, 2024 | Tax
The Inland Revenue Authority of Singapore (IRAS) has introduced a new mandate for GST-registered businesses: the GST InvoiceNow Requirement. This initiative is part of Singapore’s broader push towards digital transformation and aims to streamline tax administration...
by Willie Tan | Sep 18, 2024 | News
Marketers love data. Without it, they can’t answer critical questions like whether the right audience is seeing their ads if campaigns are delivering returns, or which audience segments respond best to specific messages. Historically, marketers have relied heavily on...
by Willie Tan | Sep 18, 2024 | Starting a Company
A shelf company, also known as a ready-made or aged company, is a business entity that has been pre-registered but remains inactive until it is sold to a buyer. Here are some key points to understand about shelf companies. Advantages of Shelf Companies Time...