EBOS Cloud Accountants

EBOS Cloud Accountants EBOS Cloud Accountants grow with you from Incorporation, Invoicing, Cloud Accounting, Tax Compliance and Due Diligence.

EBOS Cloud Accountants grow with you from incorporation, invoicing, accounting, compliance and due diligence.

A smooth week starts with organised finances and clear priorities. Stay prepared, stay compliant, and keep your SME movi...
01/06/2026

A smooth week starts with organised finances and clear priorities. Stay prepared, stay compliant, and keep your SME moving forward with confidence.

From the heart of Singapore, wishing you a peaceful and enlightened Vesak Day. May this day bring harmony, compassion, a...
31/05/2026

From the heart of Singapore, wishing you a peaceful and enlightened Vesak Day. May this day bring harmony, compassion, and joy to your heart and home.

Here’s something many SME owners overlook. Not all business expenses are tax-deductible in Singapore, and IRAS requires ...
29/05/2026

Here’s something many SME owners overlook. Not all business expenses are tax-deductible in Singapore, and IRAS requires specific adjustments when preparing your Form C tax computation. Getting this right helps you stay compliant and avoid surprises during filing.

In Singapore, IRAS is famous for its efficiency, but they are also strict about timelines. If your company misses the Fo...
28/05/2026

In Singapore, IRAS is famous for its efficiency, but they are also strict about timelines. If your company misses the Form C filing cutoff, the consequences move from gentle reminders to legal enforcement very quickly.

The 2026 Escalation Roadmap:

📍 The Immediate Fine: Expect a composition fine of up to $5,000 for the offence.
📍 The Estimated Assessment: IRAS may issue a "best judgment" tax bill based on your previous years. You must pay this within 30 days, regardless of whether the figure is accurate.
📍 The Late Payment Surcharge: If you don't pay the estimated tax, a 5% penalty is added immediately, followed by an additional 1% per month up to a total of 17%.
📍 Director Liability: As a director, you are legally responsible. Persistent non-compliance can lead to a Court Summons and even disqualification from managing companies.

If you’ve missed the deadline, don't ignore the letters! Filing immediately via the myTax Portal and responding to IRAS notices is the only way to minimize these penalties.

Read our full 2026 Guide on Filing Deadlines and Penalties here: https://ebos-sg.com/form-c-filing-deadline-in-singapore-what-happens-if-you-miss-it/

Why stay stuck in the 'spreadsheet era' when you could be living in the future? We don't just move your numbers to the c...
27/05/2026

Why stay stuck in the 'spreadsheet era' when you could be living in the future? We don't just move your numbers to the cloud; we give you your weekends back.

Which stage are you currently at? No judgment here! "

In Singapore, your tax bill isn't just a simple percentage of your company profit. It is the result of a specific formul...
26/05/2026

In Singapore, your tax bill isn't just a simple percentage of your company profit. It is the result of a specific formula called Tax Computation. If you are filing a full Form C this year, you are legally required to submit this computation as a supporting schedule to IRAS.

The 2026 Tax Computation Workflow:

1. Start with Net Profit: Use your standard profit and loss statement as your baseline.
2. Add Back Non-Deductibles: Items like private motor car expenses, fines, or entertainment costs that exceed thresholds must be "added back" to your profit.
3. Deduct Non-Taxable Income: If you have capital gains from asset sales or certain foreign dividends, these are subtracted.
4. Claim Capital Allowances: Swap out your accounting depreciation for IRAS-approved capital allowances on your business equipment and software.
5. Apply Rebates & Exemptions: For YA 2026, don't forget to apply the 40% CIT Rebate, capped at $30,000, plus your SUTE startup tax exemptions.

Filing a corporate tax return without a proper computation schedule is like submitting a math answer without showing your work. It is the #1 reason IRAS flags returns for further clarification.

Read our Step-by-Step Guide to Tax Computation for 2026 here: https://ebos-sg.com/a-guide-to-form-c-tax-computation-in-singapore/

Clarity in your numbers leads to clarity in your decisions. When your tax computation is done right, your Singapore SME ...
25/05/2026

Clarity in your numbers leads to clarity in your decisions. When your tax computation is done right, your Singapore SME stays confident and compliant.

Form C filing in Singapore is done fully online via IRAS e-Services today, replacing the manual paper submissions busine...
22/05/2026

Form C filing in Singapore is done fully online via IRAS e-Services today, replacing the manual paper submissions businesses used in the past.

Understanding how the Inland Revenue Authority of Singapore (IRAS) determines your tax residency is the first step towar...
21/05/2026

Understanding how the Inland Revenue Authority of Singapore (IRAS) determines your tax residency is the first step toward managing your liabilities effectively.

Keep track of the 183-day rule to ensure you qualify for progressive tax rates and various reliefs that are only available to Singapore tax residents.

Read the full 2026 guide to learn about the new 40 percent corporate tax rebate and how the Auto-Inclusion Scheme simplifies filing for employers.: https://ebos-sg.com/how-iras-works-in-singapore-2026-tax-compliance-guide/

Address

120 Lower Delta Road, #10-09 Cendex Centre
Singapore
169208

Opening Hours

Monday 08:30 - 17:30
Tuesday 08:30 - 17:30
Wednesday 08:30 - 17:30
Thursday 08:30 - 17:30
Friday 08:30 - 17:30

Telephone

+6596954688

Website

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