Budget 2026 Highlights: Enhancing Opportunities for SMEs in Malaysia ===================================================================== Budget 2026 highlights Malaysia’s focus on digital adoption, green growth, and competitiveness for small and medium enterprises (SMEs). For many SMEs, this is an opportunity to improve operations, modernise processes, and explore growth areas. At CR Consultancy, we provide practical services to help SMEs make the most of these changes — fr

For GST-registered businesses, correctly accounting for Goods and Services Tax (GST) when recovering expenses from third parties, particularly related companies or customers, is a common compliance challenge. This is the first part of our series clarifying the rules, focusing on reimbursements that are separate from a primary supply. The Fundamental Distinction: Reimbursement vs. Disbursement Before you apply any GST treatment, the critical first step is to determine the n

Running a company in Singapore involves more than just managing daily operations. Every year, all registered businesses must fulfil annual compliance requirements to remain in good standing with Singapore authorities. These obligations ensure that your company’s financial statements, tax filings, and statutory information are accurate, transparent, and up to date. Missing any of these deadlines can result in penalties or even company strike-off. Here’s everything you need to

In Singapore, fair and sustainable wage growth for lower-wage workers is no longer optional — it’s the law . Under the Progressive Wage Model (PWM) , employers are required to pay progressive wages and provide skills training. Meanwhile, the Progressive Wage (PW) Mark recognizes employers that comply with these requirements and uphold fair employment practices. Both are part of Singapore’s national effort to uplift lower-wage workers, strengthen social fairness, and reward r

When the Inland Revenue Authority of Singapore (IRAS) introd uced the Auto-Inclusion Scheme (AIS) , its main goal was to streamline the reporting of employee income. However, beyond compliance, the AIS presents opportunities for businesses to strengthen their intern al processes, improve data accuracy, and build trust with employees. Many employers still view AIS as a routine statutory obligation. In reality, understanding and leveraging it strategically can bring long-term