We’ve rounded up 10 key highlights from Budget 2022 that are relevant for business owners. Read on to see how these measures may impact or support your business! Budget 2022 highlight #1: SMEs in eligible sectors can receive up to $10,000 as part of Small Business Recovery Grant The Small Business Recovery Grant (SBRG) provides […]
When IRAS first introduced the Auto-Inclusion Scheme (AIS), it helped to facilitate the bulk of the filing to be done online and by your company. As an employee, you should still make sure that the tax filing is done correctly! We’ve invited Samantha Sam, Principal Partner from CPA Connects, to share a few key things […]
New to Auto-Inclusion Scheme (AIS) and not sure how to get started? We’ve invited Charles Chen, Managing Director from CAP Advisory Partners, to share a few tips on how to prepare for the Auto-Inclusion Scheme (AIS) as an employer so that you don’t have to rush during the AIS submission process when the deadline is […]
Filing corporate taxes as a business owner can be quite a taxing affair without the help of an accountant. We’ve therefore invited Charles Chen, Managing Director from CAP Advisory Partners, to share some of the common mistakes that he has found so that you can hopefully avoid making the same errors while filing your own […]
Keeping up with the changes in regulations can be tough while running a business. Here at Payboy, we have put together a comprehensive CPF guide to answer your FAQs regarding CPF contributions, as well as keep you posted on the revised CPF contribution rates from 1 January 2022 onwards! Is it compulsory for an employer […]
The changing restrictions hasn’t made it easy, especially if you need to track ART tests or manage visitors for your premises. We’ve got your back with a free Covid Safe+ Management module to track Antigen Rapid Test (ART) results! Which sectors are required to comply with the Fast and Easy Testing - Rostered Routine Testing […]
Preparing and submitting IR8A as an employer can be a time-consuming and overwhelming process. Thankfully, you can submit your employee’s income records to IRAS electronically via the Auto-Inclusion Scheme. Find out more about IR8A, Auto-inclusion scheme as well as how a good HR and payroll software can help you with IR8A and AIS submission in […]
This article has been updated as of 18 March 2022 Being a business owner can be rewarding and yet challenging to keep the business relevant and sustainable. Thankfully in Singapore, the Government has rolled out many initiatives to help businesses improve their operations by adopting IT solutions, tide through this period of uncertainty, as well […]
1. What is SDL? In its simplest terms, the Skills Development Levy is a levy imposed by the Singaporean Government to create a source of funding for grants applied by employers to upgrade their employees under the national Continuing Education and Training system. Singapore’s Skillsfuture SG initiative was created to improve and leverage on the […]
Singapore is the quintessential hub for all things business globally in 2017. Across any industry, from FinTech to eCommerce, our little nation has developed sector abound sector to become the best country to start a business. It’s no wonder then that entrepreneurs and business owners from all over the globe are looking to Singapore to […]
