Blog
Common Errors Made by S45 WHT Payers
16/10/2020
Common Errors Made by S45 Withholding Tax Taxpayers: Need help with proper lodgment and advisory on withholding tax? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Common Errors Made by S45 WHT Payers
Read More
Jobs Growth Incentive (JGI)
16/10/2020
Jobs Growth Incentive (JGI): Conditions for firms to be eligible for the JGI: There must be an increase in overall local workforce size, AND There must be increase in local workforce size earning ≥$1,400/month, compared to the August 2020 local workforce. How much is the support? The support is 25% (or 50% for mature local… View Article
Read More
Enhanced Training Support for SMEs
15/10/2020
ETSS extended for another six months, until 30 June 2021, to provide enhanced course fee subsidies for firms in the hardest-hit sectors. Feel free to contact us if you are needing HR consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Enhanced Training Support for SMEs
Read More
OK Lim slapped with second charge
15/10/2020
We help companies with solutions to prepare proper accounts in accordance to Singapore Financial Reporting Standards and keep proper records for accounting and tax purposes. Contact us for help at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! OK Lim slapped with second charge of abetting Hin Leong worker in forgery
Read More
Enterprise Financing Scheme (EFS)
14/10/2020
Support available under the Enterprise Financing Scheme will be adjusted to help Singapore enterprises access financing in areas such as trade and project needs. Feel free to contact us if you are needing financial consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Enterprise Financing Scheme (EFS)
Read More
Fighting “Missing Trader” GST Fraud
14/10/2020
Need our assistance to file proper GST returns? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Recently, IRAS is taking a strong stance towards those who commit Missing trader GST fraud (MTF): A syndicate involved in MTF will generally defraud the tax authorities in one or both of the following ways: By fraudulently… View Article
Read More
Temporary Bridging Loan Programme
13/10/2020
The Temporary Bridging Loan Programme will be extended for six months, until September 2021, at reduced levels. MAS will also extend the MAS Singapore Dollar Facility for Enterprise Singapore Loans, until September 2021. Feel free to contact us if you are needing financial consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Temporary Bridging Loan… View Article
Read More
Overview of Withholding Tax
13/10/2020
Withholding Tax Calculator by IRAS for companies Need help with proper lodgment and advisory on withholding tax? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! Overview of Withholding Tax
Read More
Ministerial Statement of Support Measures
12/10/2020
Aug & October 2020 Ministerial Statement of Support Measures: Image courtesy of Ministry of Finance (MOF). Feel free to contact us if you are needing consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! https://www.singaporebudget.gov.sg/docs/default-source/budget_2020/download/pdf/fy2020_aug_oct_budget_measures_infographic.pdf
Read More
Possible Extension of Debt Relief Scheme
12/10/2020
Possible lengthening of the debt relief programme by MAS and financial institutions are being considered. Feel free to contact us if you are needing financial consultancy at +65 66363691, +65 9326 2271 or info@lnmsolutions.com! MAS, banks said to be in talks to extend debt relief scheme
Read More