Growth Creates More Work, but More Work Does Not Always Require More People A growing business eventually reaches a familiar point. Revenue has increased, the number of customers has doubled, suppliers are sending more invoices, employees are submitting more claims...
S$5 Million of Revenue Does Not Mean S$5 Million Is Being Taxed Imagine a Singapore company that reports S$5 million in annual revenue. To someone looking only at the top line, the business appears substantial, and a director unfamiliar with corporate taxation might...
The Expense Has Been There So Long That Everyone Stopped Asking About It Every month, the company pays S$1,800 to the same supplier. The amount is not particularly large compared with payroll, rent or major supplier bills, so nobody pays much attention to it. Finance...
The Resignation Email Arrives on an Ordinary Monday Morning It is Monday morning and one of the first emails management receives contains a subject line nobody was expecting: “Resignation as Company Secretary.” The company’s secretary has decided to...
Month-End Was Finished Until Someone Checked Their Inbox It is the fifth working day of the new month, and your finance team has finally completed the previous month’s accounts. Bank accounts have been reconciled, customer balances reviewed, supplier balances...
