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Get set up for the new tax year with Xero Payroll

Xero

weeks of paid statutory holiday entitlement per year, calculated according to actual hours worked using the 12.07% accrual method. Our tips for payroll year end Just like last year, we’ve created an end of tax year checklist to guide you through reviewing and updating your settings for the 2025 financial year.

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Understanding Singapore Financial Reporting Standards (SFRS) for SMEs

Counto

Its principles, including accrual accounting and comparability, foster informed decision-making. Key Principles of SFRS Accrual Accounting: SFRS mandates the use of accrual accounting, recording transactions when they occur rather than when cash is exchanged.

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Filing Requirements for Sole Proprietors: All You Need to Know

Counto

Tax Reporting Methods Adopt the accrual method of bookkeeping for accurate reporting. Tax Rates and Carry Over Losses Sole proprietors are taxed at personal income tax rates. Experience the Counto advantage Counto is the trusted provider of accounting, tax preparation and CFO services for startups and SMEs.

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Quick Ratio: A Liquidity Metric for Small Businesses

Counto

Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price. To learn more, speak to us directly on our chatbot, email us at hello@mycounto.com, or contact us using this form.

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Time Management Tips for Accounting and Finance Professionals  

AvidXchange

Likewise, during tax season, teams need to deliver reporting and other documentation to ensure corporate taxes are filed properly. It’s essential for accounting and finance professionals to stay up to date with tax law changes, according to Perry. And then reallocate your team. It’s in the portal.