Tax planning is essentially a strategy that is used by businesses to decrease tax liability. Meanwhile, given the Inland Revenue Authority of Singapore ("IRAS") authoritative inspection of companies for corporate tax fulfillment, this policy is turning extremely difficult.
Tax Planning Singapore is quite important for individuals and businesses. There are different kinds of taxes which includes income tax which is levied on individuals as well as companies, a property tax that is expected to settle down by rental owners according to the rent amount they receive, goods and services tax (GST) which is levied on different services and goods among other taxes.
Thus, it is essential to engage tax professionals to keep away from the risk of making stupid errors in answering tax needs.
FIS Business Services that have widespread knowledge and practice with Tax Planning Consultation Services. It allows you to get confident of finding good value and insight for the planning of the tax.
Making sure the right tax returns are offered to the regulatory Authorities promptly frees you from the troubles of the late submission. If you are interested in our services and looking for more information, you can contact us for more information.
Tax planning is important for both companies and individual. Although Singapore tax rates are relatively competitive, tax planning is necessary for investment and business planning.
Tax is an part of businesses cost that have to be minimized so that the returns of investments to the shareholders can be increased. Singapore tax planning is not an attempt towards tax evasion.
Tax planning helps businesses and individuals to lower their tax obligation and increase business profit and individual saving.
In order to do tax planning for tax saving is to engage an experienced tax service provider. An experienced tax service provider will assist you to get the most effective tax planning after understanding your tax obligations in terms of corporate and personal tax.
With more than 15 years of experience in provision of tax services and our knowledge, we can help the business owners and individuals to minimize their tax obligations.