Does your Singapore company need a statutory audit in 2026? Learn the two-of-three small company exemption test, what CALA 2025's named auditor rule changes for companies that do need an audit, and how to choose an auditor.
When a Singapore company purchases machinery, equipment, computers, or other business assets, the cost cannot usually be deducted as an expense in full in the year of purchase. Instead, the Income Tax Act 1947 provides a specific mechanism — capital allowances — that lets companies claim tax deductions on qualifying capital expenditure over time. Understanding [...]
Running payroll in Singapore involves more than simply paying your staff on time. Employers must correctly calculate CPF contributions, meet strict monthly deadlines, generate compliant payslips, and file annual income tax returns for each employee. For foreign workers, the employer must also manage work pass obligations and levy payments. This guide consolidates everything Singapore employers [...]
Withholding tax is one of Singapore's most frequently misunderstood corporate tax obligations. Many Singapore companies make payments to foreign vendors, overseas service providers, and non-resident professionals without realising they are required to withhold a portion of those payments and remit it to IRAS. Getting this wrong results in penalties, interest charges, and possible double taxation [...]
If your Singapore company files its annual return with ACRA, there is a good chance you are also required to submit your financial statements in XBRL format. Yet many directors and business owners encounter XBRL for the first time only when their company secretary asks about it — and by then, the deadline is already [...]
Singapore payroll and CPF for employers: 2026 CPF rates, statutory contributions, outsourcing fees in S$ and a step-by-step compliance walkthrough.
When a Singapore company buys a fixed asset — machinery, computers, office furniture, or specialised equipment — the cost is not immediately deductible as a business expense. Instead, the Income Tax Act 1947 provides a structured alternative: capital allowances. These are tax deductions spread over the asset's useful life (or accelerated into one or three [...]
Personal tax filing for SME owner-directors — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkth...
XBRL filing — full vs simplified — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practical 2026 walkthrough cover...
Allowable business expenses under the Income Tax Act — Costs and fees breakdown. For Singapore SMEs managing tax and accounting compliance. Practical 20...