At AccVisory, our tax services include:
- GST Compliance Services
- Corporate Tax Compliance Services
- GST Advisory Services
- Corporate Tax Advisory Services
a) GST Compliance Services
Companies making taxable supplies of goods and/or services in Singapore with annual revenues exceeding or likely to exceed S$1 million are required to register with the Comptroller of GST.
Companies may wish be GST-registered on a voluntary basis, in the instances where the amount of GST input tax paid is expected to be significantly higher than the amount of GST output tax collected.
At AccVisory, we can assist in GST registration, and preparation and submission of the GST Form 5 on a quarterly basis.
We also provide GST advisory services as well.
b) Tax Compliance Services
The income of any person accruing in or derived from Singapore or received in Singapore from outside Singapore, are subject to income tax. This key tax requirement is supplemented by further detailed and complex tax requirements prescribed in the Singapore Income Tax Act and circulars issued by the Inland Revenue Authority of Singapore (“IRAS”).
The definition of “person” under the Singapore Income Tax Act includes individual persons and the various types of business entities. These parties are required to file tax returns with IRAS based on prescribed forms and the numbers included in these returns are to be derived based on detailed tax requirements outlined in the Singapore Income Tax Act.
At AccVisory, we can assist in the tax computations, and preparation and submission of the appropriate tax returns based on the Singapore Income Tax Act.
We also provide tax advisory services as well.