Calling all tax agents! 👋 You can now adopt a tax software from a low cost per month, or connect your in-house system with IRAS via APIs, to file your clients’ Corporate Income Tax (Form C-S) and/or GST returns with a few clicks of buttons. With #SeamlessFilingFromSoftware (#SFFS), there will be no need for you to log in to myTax Portal.

Read the positive reviews of #SFFS by early adopters to find out how their seamless filing experiences have been like!

Keen to jump on the digitalisation bandwagon? Head over to: go.gov.sg/ta-seamlessfilingfromsoftware

Corporate 𝗜𝗻𝗰𝗼𝗺𝗲 𝗧𝗮𝘅 𝗮𝗻𝗱 𝗚𝗦𝗧 submission with AutoCount’s Seamless Filing | IRAS.

𝟭) 𝗛𝗼𝘄 𝗔𝘂𝘁𝗼𝗖𝗼𝘂𝗻𝘁 𝘀𝘂𝗽𝗽𝗼𝗿𝘁𝘀 𝗙𝗼𝗿𝗺 𝗖-𝗦 𝗣𝗿𝗲𝗽𝗮𝗿𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗦𝘂𝗯𝗺𝗶𝘀𝘀𝗶𝗼𝗻.

-File Form C-S by using AutoCount.
-Generate Form C-S, Profit & Loss Statement, Tax Computation & Supporting Schedules draft documents for review
Declare & submits only the Form C-S to IRAS.
-There is 𝗻𝗼 𝗻𝗲𝗲𝗱 to login to myTax Portal for the submission.
-Copies of the P&L Statement & Tax Computation & Supporting Schedules will be saved. They should be provided to IRAS only upon request.

𝟮) 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝘀 𝗚𝗦𝗧
With AutoCount, now also able to automates the transmission of GST returns and transactions via IRAS API, and automates GST Returns. With the changing GST rate from 2022 to 2024, it is a wise choice to update your accounting system to AutoCount Accounting V2 for a faster, error free GST processing process.

Here’s a scenario you may find yourself in, with the extension of GST to imports of non-digital services (e.g. online classes, fitness training over video platforms, professional services and telemedicine). Check out the infographic to know when GST is charged.

You can check if an Overseas Vendor Registration (OVR) vendor is GST-registered at https://go.gov.sg/gst-registered-business-search

👉🏼 Click here for more information on GST and digital economy

Congratulations to 𝗔𝘂𝘁𝗼𝗖𝗼𝘂𝗻𝘁 𝗔𝘂𝘁𝗵𝗼𝗿𝗶𝘇𝗲𝗱 𝗗𝗲𝗮𝗹𝗲𝗿𝘀,
Creative eWorld 𝗮𝗻𝗱 Ingenious Business Software Singapore for officially attaining 𝗧𝗜𝗘𝗥-𝟯 in 𝗜𝗥𝗔𝗦 ASR+ List with 𝗔𝘂𝘁𝗼𝗖𝗼𝘂𝗻𝘁 Solution! 🏆

✅The solution which attains IRAS ASR+ TIER-3 supports:

1️⃣ Submission of Corporate Income Tax Returns (𝗙𝗼𝗿𝗺 𝗖-𝗦)
2️⃣ Submission of GST Returns (𝗙𝟱, 𝗙𝟴)
3️⃣ Peppol ready 𝗜𝗻𝘃𝗼𝗶𝗰𝗲𝗡𝗼𝘄 feature approved by IMDA.

Thank you for the partnership and we look forward to achieving greater heights together in coming future! 🏆


#IRAS #Asr+ #tier3 #AccountingSystem #AccountingSoftware #Tax #GstSingapore #IncomeTax #GstReturns #eInvoicing #InvoiceNow #Peppol #GstRateChange

I wish you all a happy end of this year and 2022!
#AutoCount #AutoCountSingapore #Christmas2022

Which expenses are tax 𝗱𝗲𝗱𝘂𝗰𝘁𝗶𝗯𝗹𝗲?
According to IRAS, expenses which qualify for tax deduction must satisfy all these conditions:
- Expenses are wholly and exclusively incurred in the production of income
- Expenses must be incurred (i.e. not a contingent liability)
- Expenses must be revenue in nature
- Expenses must not be prohibited from deduction under the Income Tax Act 1947
Deductible business expenses reduce your company’s taxable income and the amount of tax you need to pay!
For an 𝗲𝗮𝘀𝗶𝗲𝗿 𝗮𝗻𝗱 𝗳𝗮𝘀𝘁𝗲𝗿 way to get it done?
Try out 𝗔𝘂𝘁𝗼𝗖𝗼𝘂𝗻𝘁 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴!

Seamless Filing enables users to generate the XBRL, Corporate Income Tax Return (C-S), AR Return and filing to IRAS and ACRA.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗮 𝗱𝗲𝗺𝗼 𝘁𝗼 𝘄𝗶𝘁𝗻𝗲𝘀𝘀 𝗶𝘁 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳.
Reach us at:
✉️ sales.sg@autocountsoft.com or call
📞 +6591441373 or WhatsApp at: https://wa.link/u0jkdm
📞+6582982690 or WhatsApp at: https://wa.link/u2avd6

Congratulations to 𝗔𝘂𝘁𝗼𝗖𝗼𝘂𝗻𝘁 𝗔𝘂𝘁𝗵𝗼𝗿𝗶𝘇𝗲𝗱 𝗗𝗲𝗮𝗹𝗲𝗿𝘀,
I Soft Business Solutions Pte. Ltd for officially attaining 𝗧𝗜𝗘𝗥-𝟯 in 𝗜𝗥𝗔𝗦 ASR+ List with 𝗔𝘂𝘁𝗼𝗖𝗼𝘂𝗻𝘁 Solution! 🏆

✅The solution which attains IRAS ASR+ TIER-3 supports:
1️⃣ Submission of Corporate Income Tax Returns (𝗙𝗼𝗿𝗺 𝗖-𝗦)
2️⃣ Submission of GST Returns (𝗙𝟱, 𝗙𝟴)
3️⃣ Peppol ready 𝗜𝗻𝘃𝗼𝗶𝗰𝗲𝗡𝗼𝘄 feature approved by IMDA.

Thank you for the partnership and we look forward to achieving greater heights together in coming future! 🏆

#IRAS #Asr+ #tier3 #AccountingSystem #AccountingSoftware #Tax #GstSingapore #IncomeTax #GstReturns #eInvoicing #InvoiceNow #Peppol #GstRateChange

🥳 Wishing you health, wealth, and new blessings to count each day in 2023! Happy New Year!🎉

#AutoCount #NewYear2023

What 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 are there for InvoiceNow e-invoicing?
✅ 𝗙𝗮𝘀𝘁𝗲𝗿 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗰𝘆𝗰𝗹𝗲𝘀
Invoices are more efficiently sent out in suppliers' systems and then received, captured and processed at buyers’ systems, thus speeding up payment.
✅ 𝗖𝗼𝘀𝘁 𝗿𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻
Research have indicated that senders of e-invoices can save about 59% and recipients can save 64% of time.
✅ 𝗜𝗺𝗽𝗿𝗼𝘃𝗲 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆
i. Paper and PDF invoices require both sides to key and rekey data into electronic systems. Error-prone manual process is avoided with e-invoicing.
ii. Skip labour-intensive steps such as verifying information, rectifying errors & resolving conflicts.
Experience InvoiceNow, upgrade your business solution or get a full solution, Contact AutoCount for free consultation at:
✉️ sales.sg@autocountsoft.com or call
📞 +6591441373 or WhatsApp at: https://wa.link/u0jkdm
📞+6582982690 or WhatsApp at: https://wa.link/u2avd6

Why AutoCount Cloud Accounting is your first step of 𝗱𝗶𝗴𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻?

✅ 𝗠𝗼𝘀𝘁 𝗰𝗼𝘀𝘁-𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻- Abundant savings on hardware, storage as well as security facilities.
✅ 𝗛𝗶𝗴𝗵 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆- With data storing in cloud server, your data is now mobile and can be accessed from any devices at any time.
✅ 𝗡𝗼 𝗺𝗮𝗶𝗻𝘁𝗲𝗻𝗮𝗻𝗰𝗲 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱- The system updates automatically and brings users into the latest version on each login, with no maintenance and system update needed.
✅ 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝘃𝗲 𝗮𝗰𝗰𝗲𝘀𝘀. Setting access rights level based on employees need, access only tier within their job scope.
✅ 𝗛𝗶𝗴𝗵 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆. With data being stored in Microsoft Azure, one of the safest platform in the world, along with access rights settings to ensure employees to access only data within their scope.
Start digitalizing or enhance your business management process, reach us today for more info!

Is your company eligible to get up to 𝟳𝟬% 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 from Productivity Solutions Grant (𝗣𝗦𝗚)? 💰

According to IMDA, the business need to
1️⃣Registered & operating in SG;
2️⃣At least 30% local shareholding (for selected solutions only);
3️⃣Company’s Group annual sales turnover should be not more than S$100 million, OR Company's Group employment size should be no more than 200 employees
4️⃣Selected IT solution(s) or equipment(s) to be used in SG.

⭐️ to submit application to get 𝗔𝘂𝘁𝗼𝗖𝗼𝘂𝗻𝘁 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 with 𝗴𝗿𝗮𝗻𝘁, first we will provide you with a quotation for you to submit application on the Business Grants Portal (BGP) using a Singpass account.

💲 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗰𝗹𝗮𝗶𝗺 up to 70% to boost your efficiency, or 𝗻𝗲𝗲𝗱 𝗮𝘀𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲 𝗶𝗻 𝗮𝗽𝗽𝗹𝘆𝗶𝗻𝗴 for PSG Grant with AutoCount?
Reach us at:
✉️ sales.sg@autocountsoft.com or call
📞 +6591441373 or WhatsApp at: https://wa.link/u0jkdm
📞+6582982690 or WhatsApp at: https://wa.link/u2avd6