Blog
Financial Reporting Practice Guidance
05/08/2020
Important Guidance to Directors (And Accountants) : Impact of Covid19 Pandemic on Financial Statements Financial reporting practice guidance no. 1 of 2020 (issued on 22 may 2020) – Proposed areas of review focus by directors on the financial statements affected by the covid-19 pandemic
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Reaching Out to Retrenched Workers
04/08/2020
Companies can try to be onboard SGUnited Jobs and Skills Package to offer traineeships and jobs with subsidies from government. Retrenched workers: Govt will be generous with support but firms also need to ‘play ball’, says Tharman
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Non-compliance of Income Tax & GST laws
04/08/2020
Need help with compliance to Income Tax and GST laws? Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com for prompt assistance. Two Directors of Plastic Cards Company Convicted for Income Tax Evasion and Failure to Register for GST
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Best World’s Shares Remain Suspended
03/08/2020
Case: Auditors gave disclaimer of opinion on Best World’s financial statements for FY2018. Best World must address concerns over accounting practices: SGX
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Assistance and Upskilling Programmes
03/08/2020
Government schemes to boost employability of local workforce: What help is there?
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Worst-Ever Quarterly Fall in Employment
03/08/2020
Big quarterly fall in employment even as the Covid19 pandemic takes its toil on businesses and layoffs increase: Singapore sees worst-ever quarterly fall in employment in Q2 as retrenchments double: MOM data
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Unfair Retrenchment Process
02/08/2020
Fair retrenchment process needs to be practised, even amidst the economic storm caused by Covid-19: NTUC, unions stepped in to stop unfair retrenchment by aircraft maintenance firm; industry action averted
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SG United Jobs Traineeships Scheme
01/08/2020
SG United Jobs Traineeships Scheme: Mid-career job seekers can apply for more than 13,000 work attachments from Aug 1
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Non-compliance of GST laws & regulations
01/08/2020
GST Compliance causing you a headache? Outsource your problems to us! Contact us at +65 66363691, +65 9326 2271 or info@lnmsolutions.com for proper lodgement and registration of GST. Restaurant Director Convicted of Unlawful Collection of GST and Failure to Register for GST
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Unemployment rate on the rise
31/07/2020
Unemployment rate will be on the rise in coming months as JSS support is meted out completely amidst persistent Covid19 storm. Retrenched workers: Govt will be generous with support but firms also need to ‘play ball’, says Tharman
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