Blog
Penalty for failing to register GST
13/11/2020
We can help you with accurate and proper GST filings. Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Mobile phone seller first to be charged with failing to register GST for online sales
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Covid-19 (Temporary Measures) Act Amendments
13/11/2020
Small businesses affected by Covid-19 may terminate their contracts without penalty if they are unable to agree on new terms with the other party, under proposed laws under the third set of proposed amendments to the Covid-19 (Temporary Measures) Act introduced in Parliament on Monday (Nov 2). Needing financial consultancy on your business? You can… View Article
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Heavier fines for data breaches
12/11/2020
Needing consultancy on your business internal processes and controls to prevent data breaches? You can contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Parliament: Heavier fines for data breaches, more support for legitimate business uses of data under amended PDPA
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New schemes to help restructure debt
12/11/2020
2 schemes rolled out to assist SMEs hit by Covid-19 restructure debt: Sole Proprietors and Partnerships (SPP) Scheme Extended Support Scheme Needing financial consultancy on your business? You can contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! See links below for more details: https://www.singaporelawwatch.sg/Headlines/2-new-schemes-to-help-SMEs-hit-by-Covid-19-restructure-debt
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Long Road of Recovery from Covid-19
09/11/2020
Recovery of economy is presently not clearly in the horizon yet. Businesses especially dependent on domestic market have to brace for a long road to recovery ahead. Needing financial advisory on your company’s financial situation? Contact us +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Singapore economy will take longer to recover from Covid-19 crisis than… View Article
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Tax Revenue up over FY2019, but drop expected
06/11/2020
Need advisory on your tax matters? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Tax revenue up over FY2019, but analysts say income tax, GST collections expected to drop next year
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Q3 office rents in Singapore fall 4.5%
06/11/2020
Rentals of offices are sliding downward this year with more WFH arrangements being encouraged. You can also contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com for free 15-minute business backoffice advisory!! We will love to help. Q3 office rents in S’pore fall 4.5%, the steepest in 11 years
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Flexible Wage System Booklet
05/11/2020
How does a Flexible Wage System work? Please see below for FWS booklet. https://www.mom.gov.sg/~/media/mom/documents/statistics-publications/flexible-wages-for-smes-english.pdf Need HR solutions? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com!
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Flexible Wage System recommended for Employer
04/11/2020
Flexible Wage System recommended for Employers to preserve jobs through the pandemic economic environment. Needing HR advisory? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! National Wages Council urges more firms to adopt flexible wage system
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China economy quickens in Q3
03/11/2020
Interested to start your business in China? Approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! China economy quickens in Q3, as world’s only major growth engine recovers from pandemic
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