Blog

Updates of Residential Addresses of Work Pass Holders

31/01/2022

Employers must keep the MOM informed of the residential addresses of their work pass holders via MOM’s Online Foreign Worker Address Service online system under the Employment of Foreign Manpower (Work Passes) Regulations. Changes in residential addresses must be updated in the system within five days of relocation. 175 firms fined over $1.1m in total… View Article

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New MAS guidelines for crypto trading

28/01/2022

Under new MAS guidelines, crypto trading should not be promoted to the public 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 #MAS #Crypto

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Singapore raising GST bolsters case

27/01/2022

MAS may allow the appreciation of SGD against foreign currency in anticipation of the raising of GST. Singapore raising GST bolsters case for MAS to tighten policy: Analysts 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… View Article

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The Corporate Registers (Miscellaneous Amendments) Act

26/01/2022

On 10 Jan 2022, the Corporate Registers (Miscellaneous Amendments) Act was passed in Parliament, making amendments to the Companies Act and Limited Liability Partnerships (LLP) Act. Local and foreign companies and LLPs in Singapore will be required to keep a non-public register of nominee shareholders and their nominators, and to update their register within seven… View Article

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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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