The task of updating of accounts consumes a high level of energy, time and resources. It becomes more chaotic and challenging when it comes to fulfilling the statutory obligations of the authority such as ACRA (Accounting & Corporate Regulatory Authority). ACRA administers the Accountants Act. A novice person seldom understands the ins and outs of…
Your property is one of your biggest investments ever and you for sure never want to hand it out to someone who is careless and wouldn’t bother to maintain it just like you have – for all these years. And, so I conclude everything in just one line – ‘letting homes can be difficult –…
It is common for a small business owner to have financing in place to start their business. This could involve revolving debt as well as installment debt. Credit cards and a small business loan could cover necessary start-up costs. Things could be going well, and expenses are being paid every month. Then something unknown could…
A common mistake business owners tend to make is to mix their personal finances with the business ones. So when the tax season comes this can lead to a chaotic situation, one which can cause you quite a lot of stress and time you can’t spare. This is why it’s essential that you separate these…
The majority of us are pretty familiar with the general concept of consumer credit, but if you are a business owner, familiarising yourself with business credit is extremely important for the overall success of your business. That’s because establishing and maintaining a good business credit is crucial for building valuable relationships – with suppliers, vendors,…
Many small business owners tend to perceive outsourcing of accounting & bookkeeping services Singapore to be a thing of luxury. They often feel that only big businesses can afford to hire the third-party services. But this typical mindset has been changed with the advances in the technologies. Now, more and more small businesses are leveraging…
You have probably seen this phrase “licensed, bonded as well as insured” appearing commonly in business advertising. You know that the trait is desirable but do you even know what it means? Most people usually know what licenses and insurances are but the term “bonded” appears pretty vague to them. So what do you mean…
Jewellery is not just about fashion or luxury in the short-term, it can also be purchased as an investment for the long-term. Go Vintage Older pieces of jewellery are also known as vintage pieces and they are extremely popular and can be worth great value if they are genuine. In fact, prices have increased by…
Making the apt choice to mitigate as well as manage risks on construction projects, and then selecting the best fiscally responsible option that promises the timely completion of the project are imperative to a sound business. Remember, you have already taken enough risk at the start by going into this small business venture of yours….
Goods and Services Tax (GST) in Singapore is an indirect tax, and it is similar to Value Added Tax (VAT) in many other countries. It was first enforced in 1994 in Singapore under the GST Act (it has been modeled on the UK VAT legislation and New Zealand GST legislation). The Singapore tax authority i.e….
During the car buying decision process, one of the most crucial deals that buyers often look for is the comprehensive car insurance. While comprehensive car insurance has been common in the auto industry, many car owners, especially the first-time ones, fail to realize its importance, let alone understand how it works. For starters, a comprehensive…
Distracted truck driving is considered a major part of the “road accident problem” and hence, is often considered a punishable offense by the Federal Motor Carrier Safety Administration (FMCSA). You, as a truck driver needs to know the risks and the penalties associated with the same and should also try to keep them at bay…
Starting a new business is exciting indeed. Everything might seem to be running smoothly for the first few months but soon everything can go downhill unless you prepare for the same. So don’t get swayed away by all that. Challenges may very easily pile up after a few months which, in themselves may result in…
Needless to say, the quality and efficiency of services provided by any of top accounting firms in Singapore are matchless. The Big 4 such as KPMG, PWC, Deloitte, and EY (Earns & Young) are undoubtedly the top 4 accounting services providers in the world. These firms are the pioneers in the fields of accounting and…
Older homes continue to be popular with many buyers because they possess architectural character and are reminiscent of past eras in history. They are also often very sturdy in their construction and are located in well-established neighborhoods with many amenities. These homes are often high on the list of desirable properties for young couples and…
Singapore has been crowned the easiest place in the world for doing business. This reputation is likely to attract a huge pool of entrepreneurs across the globe to set up a company in Singapore. Over the years, the city-state has built an image as liberal, business-friendly hub that serves as an entry point to the…
Buying and renting a piece of property can be an excellent investment, but owning an expensive home isn’t always an ideal option. Not only do larger homes require much more capital to buy initially, but the maintenance costs can also be quite prohibitive. Those are just a few of the reasons why many landlords are…
Whether you were injured in a car accident, a slip and fall or another type of accident that was not your fault, you may be unable to work. This means you cannot pay your bills or support your family. This can lead to stress which can actually slow your healing process. These four tips can…
Making the decision to accept card payments for your business is a crucial one, especially as it’s a decision which can affect everything from the day-to-day running of your company to the generated profit. The benefits of going digital and accepting card payments within your business are beneficial to both you and your customers, with…
Is it worth to outsource payroll services Singapore to one of the trusted accounting services? Every business operating in a competitive marketplace has to carefully nurse its resources. They have to strike a balance between the time and money spent on the revenue generation and that devoted to discharging administrative functions. The payroll processing falls…
Investment in real estate is rapidly becoming one of the greatest things these days preferably because the demand for houses will always go up. With an investment in real estate, your money rests in a secure place, being tied up to a tangible asset that could greatly appreciate in value over time. Even if you’re…
This month has seen some new tax changes come into effect and they could make it difficult for landlords to see a return on their investment. This makes it important for them to understand the changes and how to alleviate the problem. What are the buy-to-let changes? The biggest change relates to mortgage interest payments….
Home insurance isn’t only a legal requirement in most states, but it is also your first line of defense against some of the most common accidents, injuries, and natural disasters. Without the proper coverage, you might find yourself struggling with exorbitant medical bills, repair costs, fines, and legal fees. Those are a few of the…
So your search for the property is already over and you’ve been able to choose the property of your choice – congratulations on that! However, before you decide to relax and get away with all the stress, know there’s more of it in your way. Buying a property is no joke and making all the…
Falling behind on your home loan could impact your credit score for years to come. Unfortunately, many new buyers are unsure of what they can do to keep up with their mortgage payments, protect their credit score, and still feel like they have extra money at the end of the month. Here are some tips…
