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

For any GST-registered business  in Singapore, invoicing isn't just an administrative chore—it's a fundamental part of tax compliance. The Inland Revenue Authority of Singapore ( IRAS ) regularly reminds businesses that issuing the correct billing documents is crucial, especially since these invoices are the primary documents your GST-registered customers rely on to claim their input tax . Failing to comply with the invoicing rules can be an expensive mistake, potentially lea

For small and medium-sized enterprises (SMEs) in Singapore, every dollar counts. Properly claiming tax deductions and exemptions can make...

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

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

Goods and Services Tax (GST) can be a complex area for many SMEs in Singapore. While claiming input tax is a legitimate way to recover...

Small and medium enterprises (SMEs) in Singapore are increasingly adopting digital tools to streamline their operations. One such tool...

The Xero Asia Roadshow 2025  is coming to Singapore this October, and as a Xero Silver Partner , CR Consultancy Pte Ltd is attending...

For SMEs in Singapore, managing invoices can be a time-consuming process. From chasing payments to manually entering data into accounting...

Running a business in Singapore means juggling many responsibilities, and managing finances is one of the most critical. Efficient...

Managing receipts and invoices can quickly become a daily headache for SMEs—especially when you're still relying on manual data entry....

In Singapore, GST (Goods and Services Tax) registration becomes mandatory once your taxable turnover exceeds $1 million over a 12-month...

According to The Inland Revenue Authority of Singapore (IRAS) announcement, businesses that are newly registered for GST will be...

Every company in Singapore—whether actively trading or dormant—is required to file an annual Corporate Income Tax Return  with the Inland...

If your business is registered for Goods and Services Tax (GST)  in Singapore, staying compliant with filing and payment requirements is...

Goods and Services Tax (GST) is an essential part of doing business in Singapore. Whether you’re a startup or an established company,...

For businesses operating in Singapore, compliance with various tax and employment regulations is crucial. One significant scheme administered by the Inland Revenue Authority of Singapore (IRAS) is the Auto-Inclusion Scheme (AIS). But is AIS compulsory in Singapore, and if so, who must comply? What is the Auto-Inclusion Scheme (AIS)? The AIS is an initiative by IRAS that mandates employers to submit employees' income information directly to IRAS electronically. This informatio

Choosing the right business structure is one of the most important decisions when starting a business in Singapore.