Apart from certain types of income sources, income earned in Singapore generally is taxable. Income from employment, business, property, investment, and annuity are some of the types of income sources you may have received. Before you learn how you can reduce your personal income tax, it is very important as an individual to understand, accurately declare and know the tax percentage of your taxable income.
There can be many different areas a Corporate Service Provider (CSP) can provide a company with. The experiences and expertise CSP have will definitely help any company to ease its non-generating revenue workload. In return, the company can allocate more of its resources to its business development area for more growth. On that final note, take more time to understand and analyze in which area(s) your company’s operation needs help with and carefully weigh the opportunity costs before you engage CSP.
A common misconception people have about the accounting sector is that the only job available is that of bookkeeping, but that’s not true at all! Read our article to find out how versatile the accounting industry is and how there is a job suitable for anyone interested.