How Value Accounting can help you with Crowdfunding? Crowdfunding is one way to raise funds for your small business. If you are short of cash or want to build a financial cushion, crowdfunding is a solution you should explore. Crowdfunding is an increasingly popular way for SMEs to raise funds. One reason is that crowdfunding …
Can directors who procure a company’s breach be liable? They can be held personally liable for passing a resolution that defames a third party. Mon, Nov 12, 2018 – 5:50 AM LEE KIM SHIN A TORT is an act or omission which Singapore law recognises as a civil wrong. A person committing a tort can …
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The Singapore tax authorities, Iras, is clawing back millions of dollars in back taxes from high earners such as doctors, property agents and lawyers who avoided paying their proper dues. Still only in their preliminary enforecement, already 10 million has been recovered from them including taxes that they should have paid in the four previous …
Highlighting high-earning medical professionals who might be guilty of tax evasion, the Inland Revenue Authority of Singapore (Iras) has urged doctors to own up voluntarily with the promise of lower penalties. The Singapore Medical Association (SMA) met members of the SMA last month and published an article, Useful Tax Pointers for Medical Practitioners, in their newsletter. …
Tax Evasion! Penalties can be lowered if doctors own up Read More »
Introducing PayNow Nine participating banks in Singapore have adopted PayNow, a peer-to-peer funds transfer service available to retail customers: Bank of China Citibank Singapore Limited DBS Bank/POSB HSBC Industrial and Commercial Bank of China Limited Maybank OCBC Bank Standard Chartered Bank UOB. Offering an enhanced funds transfer experience, Paynow enables retail customers of the nine …
Pay without account details & make seamless Transactions by Paynow Corporate Read More »
Amendments in Statutory Requirements for AGM and Filing of Annual Return with ACRA With the aim to make Singapore maintain its position as an economically competitive and business-friendly country, there have been certain legislative changes relating to Annual General Meetings (“AGMs”) and Annual Returns (“ARs”) timelines to alleviate the regulatory burden with effect from 31 …
Amendments in Statutory Requirements for AGM and Filing of Annual Return with ACRA Read More »