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Statute Law Reform Bill passed

22/01/2021

New law, Statute Law Reform Bill, passed to provide for the greater use of simplified language in legislation. Feel free to contact us if you are needing financial consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Legislation passed to make laws easier to understand

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Matched Retirement Savings Scheme (MRSS)

21/01/2021

Good news! Matched Retirement Savings Scheme (MRSS):From 2021 to 2025, every dollar topped up to a Retirement Account will be matched by the Government, subject to a cap of $600 every year. That means members can get grants of up to $3,000 over these 5 years. Anyone is allowed to top up a member’s account… View Article

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Singapore economy shrinks 5.8% in 2020

20/01/2021

For financial analysis and affordable accounting and tax services, approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Singapore economy shrinks 5.8% in 2020 after contraction eases to 3.8% in Q4: Flash data

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S’pore economy likely to see slow recovery

20/01/2021

For financial analysis and affordable accounting and tax services, approach us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! ST Global Forum: S’pore economy likely to see slow recovery in second half of 2021, says DPM Heng  

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YA2021 tax exemptions due to COVID-19

19/01/2021

YA2021 tax exemptions due to COVID-19 environment: https://www.iras.gov.sg/irashome/COVID-19-Support-Measures-and-Tax-Guidance/Tax-Guidance/For-Individuals/Exemption-for-Employment-Benefits-for-Accommodation–Food–Transport-and-Daily-Necessities/ Need help in filing proper individual and corporate tax returns? Need to file taxes ON TIME? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Follow us at www.lnmsolutions.com

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$17.4b in loans through Enterprise S’pore

18/01/2021

Having queries about the Temporary Bridging Loan Programme rolled out in this pandemic? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com to find out more. Firms took $17.4b in loans through Enterprise S’pore amid virus crisis

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Revised Penalty Framework for Annual Lodgment

18/01/2021

ACRA has revised the penalty framework for late annual lodgments with a simplified 2-tier penalty, to take effect from 30 Apr 2021. Need the latest Corporate Secretarial Practices advisory? Contact us as your one-stop Solutions Provider at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Revised Penalty Framework for Annual Lodgments to take effect from 30… View Article

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