Services · Tax
The full corporate tax cycle handled by one team: planning before year end, computation after it, filing before the deadline and IRAS correspondence whenever it comes.
The partial exemption shelters 75% of the first S$10,000 and 50% of the next S$190,000 of chargeable income every year, and qualifying startups do better still in their first three years. Around those sit enhanced donation deductions, medical expense limits, renovation and refurbishment claims and capital allowance elections. None of this is exotic. It simply requires someone to look before the year closes, which is exactly what we schedule.
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Claim every exemption and allowance you already qualify for, time capital purchases before year end where sensible, structure remuneration deliberately and use losses properly. Legitimate planning is about completeness and timing, not schemes.
Yes when properly approved and commercially justifiable. Timing of approval matters for when the deduction lands, and we manage the resolutions with our corporate secretarial team.
Carried-forward losses and allowances survive only if substantially the same shareholders hold the company at the relevant dates. Share transfers can silently destroy them, so we check before any restructuring.
Foreign-sourced income is generally taxed when remitted to Singapore, with exemptions for qualifying dividends, branch profits and service income. Whether to remit and when is a planning decision we model with you.
Yes. Queries come to us first, we draft the response with supporting schedules and you approve before anything is sent.
A one-hour planning conversation now beats any amount of December effort.
Accounting, corporate secretarial, payroll and advisory for Singapore SMEs since 2012.
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Ian & Son refers to the Ian & Son network and/or one or more of its member firms, each of which is a separate legal entity. Contact us to learn more.