Blog
CPF RATES INCREASE WITH EFFECT FROM 1 JAN’23
28/10/2022
CPF RATES INCREASE WITH EFFECT FROM 1 JAN 2023: The CPF contribution rates for employees aged above 55 to 70 will be increased to strengthen their retirement adequacy. The changes will apply to wages earned from 1 January 2023. More of the rate increase details can be found on CPF Board’s website. Contact us for… View Article
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New rules to ferry workers in lorries
27/10/2022
New rules to improve the well-being of workers who are ferried in lorries will kick in on Jan 1, 2023, including the following measures: Rain cover is a must-have for the vehicles. The rain cover requirement will be implemented in three phases: (a) for all newly registered lorries from Jan 1, 2023; (b) all in-use… View Article
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Woman fined for evading GST on luxury bags
13/10/2022
Woman fined S$5,500 for evading GST on several luxury bags Contact us for professional and GST advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #GST
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Laws to be amended to boost governance
12/10/2022
S’pore to amend laws on business trusts to boost governance Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Laws #Governance
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Sharing of certain tax information without consent
11/10/2022
Taxman will be allowed to share certain tax information on firms without getting consent Contact us for professional and tax advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Tax
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CHALLENGES OF REMOTE WORKING – OVERCOMED!!
22/09/2022
Post-Covid, Remote or Hybrid working is here to stay. So are the challenges that ensue. For Businesses, Holding meetings with half the team on site and half the team on screens can be challenging Remote working can be detrimental to inclusion and a teaming company culture. For the Employees, They may start to feel socially… View Article
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Gold Investment Ponzi Scheme
20/09/2022
Jail for 2 ex-directors who pocketed over $1.2m in their firm’s gold investment Ponzi scheme Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Ponzi
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Corporate Service Providers (CSP) Bill
26/08/2022
A new Corporate Service Providers (CSP) Bill is going to be implemented soon. With the introduction of the new CSP Bill, the Government will require nominee directors and shareholders to disclose their nominee status and the identity of their nominators to ACRA and for ACRA to maintain such information. Upon disclosure to ACRA, the nominee… View Article
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Start Digital Initiative
10/08/2022
As announced by IMDA and EnterpriseSG, the Start Digital initiative, which provides foundational digital solutions for small and medium-sized enterprises (SMEs) that are new or have yet to go digital, is being extended for 3 years through 2025, with simplified solution categories. Contact us for professional advice at +65 66363691, +65 9326 2271 or info@lnmsolutions.com!… View Article
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FREE webinar on GST rate change
29/07/2022
We have some good news for you! We are holding a FREE webinar on GST rate change, details as below: Date: 12 Aug 2022 (Fri) Time: 10.30am – 11.30am Venue: Webinar via Zoom Description: – The essentials to prepare for GST rate change – Practical tips and considerations arising from a GST rate increase –… View Article
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