Counto

FEBRUARY 17, 2024

Budget Singapore 2024: 6 Key Takeaways for SMEs and Business Owners Singapore Budget 2024 contains several financial measures to support businesses, households, and individuals. Here are the key highlights: Support for Businesses : The new Enterprise Support Package will allocate SG$1.3 billion to assist companies in managing rising costs. This includes a 50% corporate income tax rebate, with a cap of SG$40,000, and a minimum of S$2,000 in cash payouts for companies that hired local employees in

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Gaviti

FEBRUARY 17, 2024

Since your company’s ability to get paid quickly directly impacts your cash flow, it’s important that you have a strategy for both your accounts receivable management to encourage the timely payment of invoices. For some customers, however, you’ll need another strategy altogether for collecting unpaid and overdue invoices: debt collection. These two strategies have different elements and are applied differently based on a range of factors that we’ll discuss below.

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Counto

FEBRUARY 17, 2024

Gross vs. Net Income: A Guide for Small Business Owners Understanding the difference between gross and net income is crucial for small businesses, startups, and entrepreneurs in gauging their business’s financial performance. These metrics, often used interchangeably, hold distinct significance in assessing profitability and overall fiscal health.

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Counto

FEBRUARY 17, 2024

What Should an Invoice Contain? Invoicing is a fundamental aspect of running a successful business. In this guide, tailored specifically for small businesses, we delve into the intricacies of crafting professional invoices that not only facilitate payments but also enhance your business’s reputation and financial management. Essential Elements of an Invoice 1.

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Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

Counto

FEBRUARY 17, 2024

Budget 2024: Insights into the SkillsFuture Level-Up Programme In line with the Budget 2024 announcement, Deputy Prime Minister Lawrence Wong introduced comprehensive measures to bolster the national SkillsFuture movement and provide substantial support to mid-career workers aged 40 and above. Here’s what you need to know: 1. SkillsFuture Credit Top-Up : Eligible mid-career workers will receive a significant boost to their SkillsFuture credits, with an additional S$4,000 allocated in May.

Budgeting 52

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Counto

FEBRUARY 17, 2024

Budget 2024: Insights into the Enterprise Support Package In DPM Lawrence Wong’s Budget 2024 speech, he introduced a new S$1.3 billion support package to help companies cope with rising costs. Called the Enterprise Support Package (ESP), it encompasses three key elements: a corporate income tax rebate, improvements to the Enterprise Financing Scheme (EFS), and an extension of the SkillsFuture Enterprise Credit. 1.

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Counto

FEBRUARY 17, 2024

Budget 2024: Progressive Wage Credit Scheme (PWCS) Enhancements The Singapore government unveiled significant measures aimed at bolstering support for lower-income workers and alleviating the financial burdens faced by businesses in Budget 2024. Central to these initiatives are enhancements to the Progressive Wage Credit Scheme (PWCS), designed to provide substantial assistance to employers in raising the salaries of their lower-wage employees.

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Budgeting Tax Accounting Accounting 52

Counto

FEBRUARY 17, 2024

How to Choose a Reliable Registered Filing Agent in Singapore In the dynamic business landscape of Singapore, meeting statutory obligations and ensuring regulatory compliance are paramount for maintaining a reputable corporate image. To assist businesses in fulfilling their legal responsibilities, registered filing agents play a pivotal role. These professionals offer a range of essential services, including provision of company secretarial support, filing annual returns with ACRA, and maintaini

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Payroll Accounting Accounting 52

Counto

FEBRUARY 17, 2024

Budget Singapore 2024: 7 Key Takeaways for SMEs and Business Owners Singapore Budget 2024 contains several financial measures to support businesses, households, and individuals. Here are the key highlights: Support for Businesses : The new Enterprise Support Package will allocate SG$1.3 billion to assist companies in managing rising costs. This includes a 50% corporate income tax rebate, with a cap of SG$40,000, and a minimum of S$2,000 in cash payouts for companies that hired local employees in

Budgeting 52

Budgeting Corporation Tax Computation Tax 52

Counto

FEBRUARY 17, 2024

Singapore Budget 2024: Insights into the Enterprise Support Package In DPM Lawrence Wong’s Budget 2024 speech, he introduced a new S$1.3 billion support package to help companies cope with rising costs. Called the Enterprise Support Package (ESP), it encompasses three key elements: a corporate income tax rebate, improvements to the Enterprise Financing Scheme (EFS), and an extension of the SkillsFuture Enterprise Credit. 1.

Budgeting 52

Budgeting Tax Accounting Accounting 52

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

Counto

FEBRUARY 17, 2024

Budget 2024: Enhancements to the PACT Scheme In his Budget 2024 speech, Deputy Prime Minister Lawrence Wong unveiled significant enhancements to the Partnerships for Capability Transformation (PACT) scheme, aimed at empowering Singapore’s small and medium enterprises (SMEs) to thrive in a competitive global landscape. What is the PACT Scheme? First introduced in 2010, the PACT scheme serves as a catalyst for co-innovation and internationalisation projects, facilitating collaborations betwe

Budgeting 52

Budgeting Tax Accounting Accounting 52

Counto

FEBRUARY 17, 2024

Singapore Budget 2024: Insights into the SkillsFuture Level-Up Programme In line with the Budget 2024 announcement, Deputy Prime Minister Lawrence Wong introduced comprehensive measures to bolster the national SkillsFuture movement and provide substantial support to mid-career workers aged 40 and above. Here’s what you need to know: 1. SkillsFuture Credit Top-Up : Eligible mid-career workers will receive a significant boost to their SkillsFuture credits, with an additional S$4,000 allocate

Budgeting 52

Budgeting Corporation Tax Collections Tax 52