Documents to Prepare when Filing Form C-S/ C 提交C- S / C表格时需要准备的文件 Records and Accounts Keeping 记录和记帐 Companies are required to keep proper records and accounts of business transactions. Using accounting software helps business improve record keeping and comply with tax obligations. Business can also use the information captured in the software to ensure that […]
Taxation
What is Estimated Chargeable Income (ECI)?
What is Estimated Chargeable Income (ECI)? 预估应税收入表(ECI)是什么? ECI, as the name suggests, is the estimated income for the financial year ended. As a business owner, you need to file ECI with IRAS because they want to raise an early assessment. Since it is only estimated, you do not need to be 100% accurate. If your […]
What is Disallowed Input Tax Claims?
What is Disallowed Input Tax Claims? 什么是不允许的进项税报销 ? There are some Goods & Services Tax (GST) you can’t claim even though you have already paid for it when you made your purchases or expenses. Those GST you can’t claim is called Disallowed Input Tax Claims. 有一些商品及服务税(GST)你不能报销 ,即使你已经支付了它时,你作出你的购买或支出。那些您不能申请的商品及服务税被称为不允许的进项税报销 。 No Input Tax Credit is available for […]