by Willie Tan | Jan 31, 2025 | GST
Singapore is a global hub for trade and finance, and its favorable tax policies make it an attractive destination for importing investment precious metals (IPMs). Whether you are a business or an individual investor, understanding the import procedures and regulations...
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 | Jul 29, 2024 | Running Your Company
Senior Employment Credit (SEC) The SEC program offers wage subsidies to Singapore employers hiring senior Singaporean workers. The aim is to assist businesses in managing the higher costs associated with the increased Retirement and Re-employment Ages. For 2023 to...
by Willie Tan | Jul 23, 2024 | Tax
Understanding the business expenses recognised by IRAS can significantly enhance your financial efficiency when launching a business in Singapore. This guide aims to help you maximise these benefits and support sustainable business growth. The objective is to ensure...