Income Tax & GST

Overview

In today’s tax environment, IRAS has increased its emphasis on tax compliance matters. Hence, it is critical for companies to manage their tax matters more efficiently and thus minimize companies’ tax risk exposure.

Our team of tax consultants is proficiently positioned to assist individuals, businesses and companies to implement taxation strategies and comply with tax laws and requirements.

Corporate Tax

Every company is required to comply with the tax filing in Singapore; hence, it is critical that companies stay abreast to the fast-changing and dynamic regulatory requirements.

Our team offers effective tax compliance advice and builds personalized tax strategy to manage your company’s risk exposure.

Our services include:

• To advise on the Estimate Chargeable Income filing
• To file annual tax return (Form C)
• To prepare and submit corporate tax computation and relevant schedules
• To verify Notice of Assessment from IRAS against the tax computation
• To apply for Certificate of Residence, Registration of New Taxpayer, Tax waiver and Tax clearance
• To attend to queries from IRAS and clarification on tax matters
• Any ad hoc correspondence or objection lodged with the Comptroller of Income tax

Individual Tax

Salaried Employees, Sole-proprietors and Partnerships are liable to file their tax return on their yearly earnings in Singapore. We can assist in the declaration of your incomes and utilise relevant tax incentives and reliefs.

Our services include:

• To file individual income tax return (Form B/B1)
• To prepare and submit the tax computation
• To verify Notice of Assessment from IRAS against the tax computation
• To attend the queries from IRAS and clarification on tax matters
• Any ad-hoc correspondence or objection lodged with the Comptroller of Income Tax

Tax Compliance and Advisory

With frequent changes to tax legislation, it is of paramount importance that companies to incorporate tax incentives to their business plans to maximize the returns.

Our team will assist in managing your tax issues in an efficient manner with the changing tax environment, or implementing your organizational change in a tax efficient manner.

Our services include:

• Advice on various tax incentives offered by the government

Goods and Services (“GST”) Compliance and Advisory

GST is a self-assessed tax and any business in Singapore is required to be GST registered if the turnover is S$1 million or above.

Our team is well-equipped to advice on the registration and compliance matters.

Our services include:

• GST registration
• GST De-registration
• Filing of GST returns
• Other Tax Matters

Miscellaneous Taxes

• Withholding Tax