The ever-changing regulatory requirements are quite something to keep up with, and that’s why Smooth is here for you. We stay up to date on all tax laws so you don’t waste time struggling with tax & accounting complexities.
You may want to take a look at the Inland Revenue Authority of Singapore (IRAS) website, as they have extensive explanations on the computation of tax, reliefs, rebates and exemptions you may be able to tap depending on the Year of Assessment (YA), but they do only apply to specific years and continue to change year on year.
Tax savings from the moment you use Smooth
Client Onboarding and Consulting. Tax planning and filing can be intimidating. However, we see it as an opportunity. There are numerous tax incentives and rebates schemes which your company may qualify for, and will substantially reduce your tax burden. Our team will sit down with you to understand your business and assess your eligibility for various schemes.
Prepare and File Necessary Forms. The tax filing process involves multiple stages. 3 months before your financial year end, we will prepare and file your Estimated Chargeable Income (ECI) on your behalf. Before 15th Dec each year, we will also compute and file your income tax return (Form C/C-S)
Management of Follow-On Process. Completion of the requisite filings does not mark the end of the tax process. But rest assured, as we will handle all follow-on enquiries, and lodge any appeals as necessary. Our mission is to ensure you pay the right amount of taxes!
Corporate Tax Compliance & Advisory
We can take care of your corporate tax compliance filing with the tax authorities, thereby allowing you to focus on your core business. Apart from preparing and submitting tax computations accurately and quickly, we also manage your business’ tax affairs and maintain effective relationships with the tax authorities on your behalf.
Our corporate tax services include:
- Assisting with the submission of Estimated Chargeable Income (ECI)
- Corporate tax computation and tax return (Form C/C-S)
Our tax advisory services are driven by your core business objectives and we are able to help you at a strategic business planning level to understand the effect your business strategies may have on your tax profile. We focus on building sustainable tax strategies that help your business achieve its ambitions.
Goods & Services Tax (GST) Compliance and Advisory
The Goods and Services Tax (GST) is applicable for local sale of goods and services made in Singapore, as well as importation of goods. A business is required to register for GST if its annual taxable turnover is S$1 million or more.
Our team can help to assess your business’ GST registration obligation, ease the process of regular GST filings, comply with statutory requirements and provide GST advice on your planned business transaction.
Our GST services include:
- Application of GST registration / de-registration /exemption from GST registration
- Review and e-filing of GST returns