Do I need hedging, and when is it worth considering for an SME?
Many SMEs don’t need complex hedging, but they do need [...]
How often should I revalue foreign-currency balances (bank, AR, AP) for clean year-end accounts?
In practice, monthly is the most manageable rhythm for SMEs [...]
If I buy in USD/RMB but sell in SGD, what’s the first practical step to protect margins?
Start by tracking gross margin monthly and splitting costs into [...]
Do I need to change my accounting approach because of the MAS Jan 2026 statement?
Not necessarily your accounting standards, but often your routine. If [...]
What’s the most common planning mistake SMEs make for 2027–2028 work pass changes?
Treating it as “an HR issue” and only checking at [...]
How do EP/S Pass salary increases affect my overall SME budgeting if CPF doesn’t apply to foreigners the same way?
Even without employer CPF for EP/S Pass holders in the [...]
Can I use allowances or bonuses to meet the qualifying salary requirement?
It depends on how MOM treats different pay components, and [...]
Will a pass renewal be rejected if the salary is below the new minimum at renewal time?
In practice, renewals are assessed using the rules and minimums [...]
Do I need to raise salaries for existing EP/S Pass holders immediately after COS 2026?
Not usually—COS announcements are often a forward signal, with changes [...]
If my Singapore company receives money from Taiwan and tax is deducted there, how do I avoid being taxed twice?
Start by recording the income in Singapore on a gross [...]