Powered by SME-friendly solutions and PSG support   In today’s fast-moving business landscape, SMEs need more than just accounting software — they need a system that adapts to their operations, simplifies daily tasks, and supports long-term growth. That’s where Xero , combined with our customized templates, migration support, and technical assistance , makes a real difference. At CR Consultancy, we help businesses get the most out of Xero with hands-on setup, tailored configu

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

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

Overview: What Is the IR8A Form? The IR8A form  is an annual document every employer in Singapore must prepare and submit to the Inland Revenue Authority of Singapore (IRAS) . It reports each employee’s income for the previous calendar year and ensures that the correct amount of income tax is assessed. Employers must submit the IR8A form by 1 March  each year — for example, income earned in 2024 must be filed by 1 March 2025. Accurate IR8A filing ensures your employees’ tax r

In today’s digital economy, every business - no matter how small - runs on data. Customer records, payment systems, supply chains, even basic communication all live online. But as small and midsize enterprises (SMEs) go digital, their exposure to cyber risk has grown faster than their protection. The numbers tell the story:   more than 50% of all cyberattacks globally now target SMEs , yet   fewer than 10%   in Singapore have any form of cyber insurance. For many, one major a

Discover how strategic accounting and bookkeeping empower Singapore SMEs to make informed decisions, stay compliant, and achieve sustainable growth.

Small and medium-sized enterprises (SMEs) are constantly balancing priorities: growth, operations, customer service, compliance, and...

Singapore is one of the easiest places in the world to start a business — but only if you know what to do. Whether you’re a local...

For many small and medium-sized enterprises (SMEs) in Malaysia, keeping track of accounts is often one of the most time-consuming tasks....

Starting January 1, 2026, Singapore will implement significant changes to the Central Provident Fund (CPF) contribution rates ,...

When your business appoints a   nominee director , you’re asking someone to legally represent your company at the highest level - while...

Running a small or medium-sized enterprise (SME) in Singapore is both exciting and demanding. While the main focus is often on building...

E-commerce moves fast. Customers expect seamless transactions, you’re juggling multiple sales platforms, and inventory and payments flow...

Xero has announced upcoming changes to its subscription pricing for customers. These updates will take effect from 1st of November 2025 ....

Influencer marketing has become an essential part of brand strategy in Singapore. From lifestyle bloggers to TikTok creators, influencers often receive free gifts, endorsements, or sponsored services as part of their collaborations with brands. While these may feel like perks of the job, there’s an important point to remember: free does not always mean tax-free. The Inland Revenue Authority of Singapore (IRAS) has clear guidelines on how influencer income is treated

The Johor-Singapore Special Economic Zone (SEZ) was officially announced in 2024 as a landmark initiative to deepen economic ties...

In today's digital age, ensuring the protection of personal data is more important than ever. Businesses often deal with sensitive...

In today’s digital age, businesses face increasing threats from cyberattacks and data breaches. Protecting your company’s sensitive...

Running a small or medium-sized enterprise (SME) in Singapore is exciting—but it’s also full of risks. Many business owners focus on...

Mark your calendar for Tuesday, 7 October 2025 , and join us at Suntec Singapore Convention & Exhibition Centre (Hall 403–404) for SMEs...