CSL Management offers taxation services that will help you to maximize your benefits within the tax framework. As every business owner knows, all business decisions have tax implications. Our experienced and dedicated tax professionals will update and advise you on the individual and corporate tax matters, including developments in tax laws and any tax benefits such as deductions or incentives available to you to minimize your tax expenses. We will advise you on records needed to retain as supporting documents for tax deductions and/or incentives claimed and ensure that all necessary annual tax return documents are compiled for submission to IRAS on a timely basis to avoid tax penalties due to late submissions. For corporate tax, we will work with you to understand your business activities and review your tax situation to advise you on the year-long tax planning activity. Further, we are able to provide professional guidance to file audited or un-audited accounts.

What is included in CSL Management taxation services?

Corporate Taxation Services cover the following aspects:

• Preparation of tax computation
• Preparation of taxation Form C or C-S and Appendices
• Submission of tax returns to IRAS
• Verification of Notice of Assessment (NOA)
• Preparation and submission of annual Estimated Chargeable Income (ECI)

Personal Taxation Services cover the following aspects:

• Preparation of tax computation
• Preparation of taxation Form B or Form P
• Submission of tax returns to IRAS
• Personal taxation compliance

Contact us for immediate assistance regarding the different tax structures payable on income generated in Singapore. Focus on the growth of your business with complete peace of mind and we will take care of the rest!

There are two types of GST registration: Compulsory Registration and Voluntary Registration. If your business has a turnover exceeding $1million per year, it is mandatory for you to register for Goods and Services Tax (GST). You will then enjoy claiming 7% of input tax from IRAS for business expenses or purchase incurred while collecting output tax from your clients for revenue generate by sales of your goods and/or services. If you would like to enjoy the benefits of being GST registered despite not meeting the requirement of exceeding $1 million per year in turnover, you may apply for voluntarily GST registration.

GST reporting is normally done on a quarterly basis. If you do not have the capability in this area, preparation and filing of GST returns can be daunting and you may risk exposing your company to unnecessary penalties from IRAS for erroneous GST submission.

As provider of professional services and tax agents, CSL Management is committed to provide you with top notch services needed for compliance with the GST standards. Don’t worry about the hassle of preparation and meeting the quarterly GST submission deadlines – leverage on our expertise and experience and let us do the job for you. We strive to assist you in getting your GST refund credit back from IRAS in the shortest possible time.

Engage our GST Services which includes the following functions:

• GST Registration
• Application for exemption from GST Registration
• GST Computation and Submission
• Deregistration from GST

If you are interested in our GST Reporting Services, contact us at +65 6482 4892 immediately!