Counto

NOVEMBER 7, 2024

In this post, we’ll cover some essential accounting practices and tips that can help streamline financial management for F&B businesses in Singapore. Importance of Accurate Bookkeeping and Financial Reporting Accurate bookkeeping forms the foundation of any successful business.

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Counto

MARCH 23, 2025

Staying financially organised and compliant with local regulations is critical, and thats where professional accounting services can make all the difference. From daily bookkeeping to tax filings and financial reporting, these services help SMEs like yours maintain control, make smarter decisions, and grow with confidence.

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Counto

MARCH 23, 2025

AI-Powered Data Capture Financial data from invoices, receipts, and bank statements is automatically extracted and entered into the system, reducing human error and saving time. Automated Tax Calculations AI ensures your corporate tax and GST filings are accurate and up to date, helping you avoid penalties.

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Counto

DECEMBER 7, 2024

Example: Bens construction company in Singapore didnt track overdue invoices, leading to cash shortages just before payroll. Solution: Regularly reconcile your accounts payable and receivable to avoid surprises and maintain accurate financial reports. This helps ensure better cash flow management and smoother operations.

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Counto

SEPTEMBER 12, 2024

Financial Reporting: Experts prepare accurate financial reports, providing you with the insights needed for informed decision-making. Tax Compliance: Specialists handle tax filings and compliance, reducing the risk of errors and ensuring adherence to regulations.

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Billah and Associates

JANUARY 27, 2021

Corporate tax deadlines are a little different than personal tax deadlines. For tax purposes, corporations can have year-ends that are not December 31st. Corporate tax return filings are due 6 months after the year-end For eg, a December 31, 2022 year-end would have a June 30, 2023, due date.

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Counto

JANUARY 7, 2025

Changes to Corporate Tax Rates Adjustments to corporate tax rates may be introduced in 2025 as part of government measures to promote economic growth and address fiscal needs. What to Expect: Possible changes to existing tax incentives. Higher accountability for financial reporting.

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