Posts by Yedda Magbanua
What You Need to Know About 2024 Volume FRS: Latest Changes in Financial Reporting Standards
What You Need to Know About 2024 Volume FRS: Latest Changes in Financial Reporting Standards As financial circumstances advances, so do the standards governing financial reporting. In line with this progression, ACRA pronouncement on 2024 volume of Financial Reporting Standards (FRS) introduces fundamental updates and modifications that require the attention of entities across industries.…
Read MoreQuarterly Newsletter January 2024
Momentum Built on Excellence: Continuing to This Year and the Next 2023 is a whirlwind of change. The world thrived with the rise of Generative AI. Governments and regulatory bodies spearheaded sustainability measures along with adaptive standards that better help businesses cope with rapidly changing and evolving consumer demands —- initiatives that expand to…
Read MoreQuarterly E-Newsletter October 2023
DELIVERING QUALITY, DRIVING GROWTH As we approach the latter part of the year, the Helmi Talib Group has remained committed to our goals of improving our practice, propelling the quality of our service and continuing to be the go-to solution to our clients’ unique needs. Our initiatives and footprints are summarised in this updates along…
Read MoreQuarterly E-Newsletter July 2023
MARKET ROUNDUP & COMMENTARIES: STAY AHEAD OF THE CURVE The global economy is rocked by waves of uncertainties. The International Monetary Fund (IMF) has generated a forecast for global growth to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024. True enough, businesses across industries grapple with steep debt…
Read MoreTax Changes as Covered in Singapore Budget 2023
Tax Changes as Covered in Singapore Budget 2023 Finance and Deputy Prime Minister Lawrence Wong’s budget speech 2023 has touched on vital key points to look forward to in 2023 as the government laid out plans to fuel internal revenue sources through taxes whilst providing support to those struggling to adjust to post-pandemic norms…
Read MoreCrash Course in Singapore’s Income Taxation
Crash Course in Singapore’s Income Taxation (2023) As the deadline for filing and paying income taxes is fast approaching there will be a plethora of tax vocabularies and computation that will come along your way. Most may confuse you and may hinder your understanding of your taxes and the benefits you can enjoy. This…
Read MoreIndustry Roundup: Important Updates and Reminders
Industry Roundup: Important Updates and Reminders The global economy is rocked by waves of uncertainties. The International Monetary Fund (IMF) has generated a forecast for global growth to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024. True enough, businesses across industries grapple with steep debt interest rates, rising…
Read MoreFinal GST Rate Change Effective 01 January 2024—What does this mean for your Business
Final GST Rate Change Effective 01 January 2024—What does this mean for your Business In his Budget 2022 Speech, Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, announced the increase in Goods, and Services Tax (GST) rates that will take effect from 7% to 8% starting 01 Jan 2023; and 8% to 9% with…
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