4 Matching Annotations
  1. Sep 2021
    1. 5 Common Mistakes Your Startup Makes When Filing Tax Returns in Singapore

      Tax time can be an anxious time especially for founders and business owners as they try to figure out how much tax to pay and dealing with all the processes and paperwork can be a hassle. This blog will look at 5 common mistakes that startups make when filing for tax refund and how you can avoid them.

      When it comes to taxes, most business owners used to think that it's okay to do their own taxes. You can save some money, right? In reality, doing your own taxes is a huge risk. There are a lot of cases where business owners would end up paying more taxes than they should have. Additionally, they may even get audited because of having incorrectly filed tax returns. The best option is to hire an outsourced accounting services firm to do your tax.

  2. Jul 2021
    1. This article highlights seven accounting tips that will help aspiring entrepreneurs run a successful online business.

      Good accounting management is essential for the success of any business. Business accounting is complicated and time-consuming, but if you desire to grow your business, you can’t avoid it.

      How to do accounting for an online business? Here are helpful tips to grow an online business.

      If you need help, an accounting services firm can help you with your accounting needs.

  3. Mar 2021
    1. A Beginner’s Guide to Thailand Tax Penalties and Surcharge March 23, 2021 Tax penalties in Thailand comprise direct and indirect penalties. Examples of direct tax penalties include imprisonment and fines, whereas indirect penalties include work permit cancellations and tax refund problems. Tax penalties and surcharges in Thailand are payable when the taxpayers fail to meet the country’s relevant mandatory requirements or fail to pay taxes on the set due date. This article guides you through what you need to know about tax penalties and surcharges in Thailand.

      Tax mistakes can lead to fines and charges. In Thailand, Tax penalties and surcharges are payable. Common tax mistakes in Thailand include creating fake invoices, forgetting to deduct withholding tax, not issuing an invoice, delayed tax payments, and failure to register an e-commerce website. Here's what you need to know about tax penalties and surcharges in Thailand.

      Avoid these disasters by partnering with a reputable accounting outsourcing services firm.

  4. Jan 2021
    1. 2021 Tax Guidance for Remote Employees in Singapore Due to COVID-19

      Because of the current pandemic that the world is experiencing, there are many changes in people's lives. Because of the COVID-19 virus, many people prefer to get a job as a virtual assistant online- this task can be done at home (work from home setup).

      In this regard, the IRAS or Inland Revenue Authority of Singapore has laid down tax guidelines for taxpayers and employers who may be affected by COVID-19. Read from this article for full details.

      For the guidance of taxpayers or employers, consult a professional outsourced accounting services provider in Singapore to ensure compliance with payroll regulations.