In Singapore’s business environment, fair and responsible employment practices are no longer optional — they are a core expectation. The Tripartite Guidelines on Fair Employment Practices provide a structured framework to help employers build inclusive, merit-based and legally compliant workplaces.  For Singapore SMEs, understanding and applying these guidelines is critical not only for compliance, but also for attracting talent, strengthening organizational culture, and sup

We’re proud to share a meaningful milestone in our journey — CR Consultancy has been officially recognised as an Accredited Training Organisation (ATO) by the Institute of Singapore Chartered Accountants (ISCA) .  This accreditation reflects our commitment to structured training, professional standards, and building a supportive environment for accounting talent in Singapore. What Is an Accredited Training Organization (ATO)?  The ATO status is awarded by ISCA to organization

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

The Problem In today’s fast-paced professional world, even the most diligent experts are vulnerable to one simple truth - mistakes happen. A misplaced decimal, an overlooked clause, or a misunderstood instruction can lead to costly disputes. For consultants, engineers, accountants, or advisors, these errors can invite lawsuits that threaten both finances and reputation. In an era where clients expect precision, even a perceived error or delay can lead to a claim. Legal procee

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 t

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

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 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...

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...

If you're offering nominee director or family office services, this one’s for you. Running a professional service firm—especially one...

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