ACRA’s online Business Directory Search will be enhanced to include a colour-coded compliance rating for locally incorporated companies to denote whether a company is in compliance with the Annual General Meeting (AGM) – including the tabling of up-to-date financial statements – and Annual Returns (AR) requirements. Compliant companies will be given a green tick and [...]
The Inland Revenue of Singapore recently reported that as many as 120,000 corporate taxpayers, especially the small and medium enterprises, are not aware and hence, not using the tax incentives available to them. In news report published in the Straits Time on Thursday, 8th October, 2009, (Click here for more info) these SMEs are not [...]
EMPLOYERS received good news on (12/10) Tuesday, not just a six-month extension of Jobs Credit but also more goodies that await them in next year’s Budget. The upcoming offerings are
The Ministry of Finance (MOF) has accepted for implementation 9 out of the 16 suggestions received on the draft GST (Amendment) Bill 2009 during the public consultation exercise held from 3 to 24 June 2009.
Exceptions to Payment of CPF for Employees Employees who are exempted from CPF contributions Foreigners on Employment Pass, Professional Visit Pass or Work Permit CPF contributions are not allowed for foreigners. Both the employer’s and employee’s share of contributions for foreign employees on Employment Pass, Professional Visit Pass or Work Permit will not be