Let’s talkThe knowledge to move forward.
October 21, 2026
Personal spending on a company credit card must be recorded as owed by the director or employee. Here is how it affects section 162, tax deductions, employee benefits,…
Read article ↗
October 20, 2026
How to run petty cash for a Singapore company on an imprest system: sizing the float, what a voucher must show, journal entries, GST simplified tax invoices, the…
Read article ↗
October 19, 2026
A company-owned S-plated car gets no tax deductions, capital allowances or GST credit in Singapore, and the director is taxed on private use. Here are the rules, the…
Read article ↗
October 18, 2026
When a year-end bonus or directors' fee is accrued but paid later, IRAS allows the deduction only if the bonus is paid within a year and directors' fees…
Read article ↗
October 18, 2026
How to book the YA 2026 CIT Rebate Cash Grant and the 50% CIT Rebate: worked journal entries, whether the grant is taxable, SFRS presentation and reconciling to…
Read article ↗
October 16, 2026
If petty cash is short at month-end, count and reconcile the float before posting a balancing expense. The difference may come from a missing receipt, an unrecorded advance,…
Read article ↗Real people. Right here in Singapore.