by Willie Tan | Apr 5, 2024 | Glossary
Goods and Services Tax (GST) is a value-added tax levied on the sale of goods and services at each stage of production and distribution. It is a consumption tax borne by the end consumer. Here are some key features of GST: Multi-stage Tax: GST is applied at each stage...
by Willie Tan | Apr 5, 2024 | Glossary
A hedge fund is an investment fund that pools capital from accredited investors or institutional investors and invests it in a wide range of assets and strategies to generate positive returns regardless of market conditions. Hedge funds are typically managed by...
by Willie Tan | Apr 5, 2024 | Glossary
Fund accounting is a specialised form of accounting primarily used by nonprofit organizations, government agencies, and certain types of businesses, such as investment funds or mutual funds, to track and manage financial resources that are restricted or designated for...
by Willie Tan | Apr 5, 2024 | Glossary
Form C-S Lite was introduced as a simplified tax filing option for smaller companies in Singapore. It is part of the Inland Revenue Authority of Singapore’s (IRAS) efforts to streamline the tax filing process and reduce compliance burdens for eligible companies....
by Willie Tan | Apr 5, 2024 | Glossary
Form C-S and Form C are tax forms used in Singapore for corporate income tax returns. These forms are submitted annually to the Inland Revenue Authority of Singapore (IRAS) by companies registered and operating in Singapore. Form C-S (Simplified Tax Return): Form C-S...
