Blog

Jobs Support Scheme from 31 Dec 2021!

25/01/2022

JSS from 31 Dec 2021! About 24,400 employers, in sectors facing significant safe management restrictions, will receive payouts totaling over $400 million from 31 December 2021 under the Jobs Support Scheme (JSS) to support the wages of over 380,000 local employees. More details can be found at IRAS website. Feel free to contact us if… View Article

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Career Conversion Programme (CCP)

17/01/2022

The CCP for SME Executives helps PMETs to reskill and take on new job roles in SMEs, while supporting SMEs to recruit and train the right talent for their organisations. Newly-hired PMETs will undergo a 3 month programme, which includes a 3-day workshop and structured On-The-Job Training (OJT) at the hiring SME. Qualified employers can… View Article

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Govt moving on GST increase in Budget 2022

14/01/2022

Govt has to ‘start moving’ on GST increase in Budget 2022, as economy emerges from Covid-19: PM Lee Feel free to contact us if you are needing financial consultancy or GST reporting services at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Secretarial #GST

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WAGE CREDIT SCHEME PAYOUTS IN MARCH 2022

13/01/2022

To support businesses in transformation and share productivity gains with workers, eligible employers can look forward to the next tranche of Wage Credit Scheme (WCS) payouts in March 2022. To qualify for the upcoming tranche of the WCS payouts, employers must: (a)Have given Singapore Citizen employees who earned a gross monthly wage of up to… View Article

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FREE AIS, IR8A & IR21 Webinar

13/01/2022

A very blessed new year to all of you! We have some good news for you! We are holding a FREE webinar – “Learn the basics and requirements for filing of AIS, IR8A & IR21 for businesses”. As employers, you will understand more about what to look out for when filing for your employees’ income… View Article

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Work from anywhere in the world?

07/01/2022

Rethink of legislation with new normal of Work-From-Home: The Big Read: Work from anywhere in the world? Easier said than done as regulations, policies play catch-up https://www.channelnewsasia.com/singapore/big-read-work-anywhere-rules-manpower-overseas-remote-2388406 Feel free to contact us if you are needing financial consultancy or secretarial services at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Secretarial #WorkFromHome

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S’pore non-oil exports surge 24.2% in Nov’21

06/01/2022

Non-oil exports grew in Nov YTY mainly due to growth in segments such as personal computers, integrated circuits and disk media products, as well as specialised machinery, petrochemicals and primary chemicals. Singapore non-oil exports surge 24.2% in November, biggest jump in nearly 10 years Feel free to contact us if you are needing financial consultancy… View Article

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S’porean company director charged in Taipei

05/01/2022

S’porean company director charged in Taipei, allegedly ran investment ploy that earned $1.8m Feel free to contact us if you are needing financial consultancy or secretarial services at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! #cheapcorporatesecretarial #cheapaccounting #corporatesolutions #LNMSolutions #Secretarial #CaseStudy #Fines

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$250 FWL rebate extended until March 2022

04/01/2022

A $250 foreign worker levy rebate, due to expire in Dec 2021, will be extended until March 2022 for all work permit holders in the construction, marine shipyard and process sectors. Employers can consider using the rebate to retain existing workers and bring in work permit holders from lower-risk countries or regions. More details can… View Article

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Revised Late Penalty for Annual Lodgements

17/12/2021

With effect from 14 Jan 2022, there will be higher penalties for late filing of the annual lodgments by Singapore-incorporated companies, Variable Capital Companies and Limited Liability Partnerships. The penalty is $300 within the first 3 months after the due date or $600 if the lodgment is filed more than 3 months after the filing… View Article

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