by Willie Tan | Apr 13, 2025 | News
Singapore has firmly established itself as a leading global hub for trust and wealth management services. To support this standing and ensure market integrity, the Monetary Authority of Singapore (MAS) has implemented a comprehensive and robust regulatory framework....
by Willie Tan | Apr 7, 2025 | News
Introduction: A Shifting Global Trade Landscape In recent months, the United States has implemented new tariffs on various imported goods. Consequently, these actions are sending significant ripples across the global economy. Such measures often aim to address trade...
by Willie Tan | Feb 3, 2025 | News
Singapore and Malaysia have recently inked an agreement to establish the Johor-Singapore Special Economic Zone (JS-SEZ), to strengthen economic ties and foster regional growth. This landmark initiative promises to unlock a wealth of opportunities for businesses...
by Willie Tan | Jan 13, 2025 | Bookkeeping, News
Incentive payments play a crucial role in motivating employees, driving performance, and achieving business goals. For small business owners in Singapore, understanding how to properly account for these payments is essential to ensure compliance with local regulations...
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,...
