How a Revenue-Based Accounting Plan Can Help You Grow
A revenue-based accounting plan offers businesses in their first year of business a flexible approach to financial management and an opportunity to grow their revenues. Learn more about how this strategy can benefit your business.
Understanding the Workflow of Transfer Pricing in Singapore
Affiliated businesses often trade on preferential conditions and thus pay less tax. To prevent that, countries developed a system to control the “family business” — the transfer pricing rules. Let’s see how they influence the prices you set, how to play by these rules and what documents to prepare.
What Is the Singapore Progressive Wage Credit Scheme (WCS)
The Singapore Progressive Wage Credit Scheme (WCS) uplifts low-wage workers by incentivizing employers to raise wages. It bridges income gaps, boosts morale, supports businesses in wage increment efforts, fosters productivity, and promotes a more equitable income distribution within companies.
2023 Tax Deadlines in Singapore You Need To Know About
One of the most important aspects of running a business includes planning ahead. Kickstart your 2023 by getting a headstart on important tax deadlines, so you can always stay on top of things. Read on to find out more.
7 Things SMEs Need To Know About the 2023 Singapore Budget
Singapore's Budget 2023 sets out measures to boost local businesses and encourage innovation, amid uncertainties in the global economy. Find out what the measures are, and how it impacts your small business.
25 Best Side Hustle Ideas in Singapore for Generating Extra Cash
Get ready to make the most of your free time and earn some extra cash with the 25 best side hustle ideas in Singapore! Turn your passion into a business while you to top up your bank account, find a sense of purpose, or start your own venture. Discover a side hustle to help you achieve your goals.
Importance of Record Keeping in Singapore & How Long To Keep It
Record keeping is a legal requirement in Singapore, and is crucial for managing costs If you are just starting up your business, it might not be the first thing that comes to your mind, but it can help you establish a strong foundation.
The Benefits of an All-in-One Accounting Dashboard for Business Owners
Never lose sight of how your business is performing with Osome’s all-in-one accounting dashboard. From profits and losses to checking your bank balance, we make it easy for you to keep tabs on your business’s financial health.
What You Need To Know About Singapore’s GST Rate Change in 2023
Here’s the thing: every Singapore business will experience a major change in 2023 as a result of the GST hike. So, what can you do to prepare for the rate change, and what is the Government doing to help? Here’s what you need to know, all wrapped up in one article.