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UPDATES – Revenue threshold increased to S$5 million for ECI waiver and Form C-S ECI The revenue threshold for ECI waiver will be increased from S$1 million to S$5 million. This updated criteria for ECI waiver will apply to companies with financial year ending in or after July 2017. Company’s Financial Year ends Criteria…
Over 85,000 Employers to Receive $660 Million in Wage Credit Scheme Payouts Over 85,000 employers in Singapore will receive about $660 million in Wage Credit Scheme (WCS) payouts by 31 March 2017. SMEs will receive around 70% of the sum disbursed. Through the WCS payouts in March 2017, the Government co-funds 20% of the qualifying…
Best Place for Start-up Talents SINGAPORE: The Republic scored another feather in it’s cap when it recently surpassed the famed Sillicon Valley to become the best place in the world for start-ups to hire talent. Based on a global survey of 10,000 start-up founders spanning across more than a hundred cities, Singapore ranked number one…
ISCA Journal 18 March 2017 – 3E Accounting Makes Work-Life Balance Possible We are delighted to be featured in ISCA Journal for being a Corporate Service Provider that Makes Work-Life Balance Possible on 18 March 2017. ISCA Journal’s write-up on 3E Accounting Makes Work-Life Balance Possible. Professionals in accounting firms usually face long hours and heavy…
SSD Changes With Effect From 11 March 2017 Singapore Government has reduced the stamp duties that sellers have to pay on residential properties and slightly relaxed rules on loan thresholds, more than 3 years after the last round of property cooling measures and borrowing curbs that helped send private housing prices falling for 13 straight…
More Help For Singaporean Workers Workforce Singapore (WSG) is a statutory body set up under the Ministry of Manpower (MOM) to oversee the transformation of the local workforce and industry to meet ongoing economic challenges. Its aim is to help promote the development, competitiveness, inclusiveness and employability of all levels of the workforce to ensure…
We are honoured to be awarded the Best Home-grown Global Accounting Network by the Singapore Brand on 2 March 2017. The award was actually a recognition that 3E Accounting can deliver nothing but excellent achievements as the first and largest home-grown global accounting network. Singapore Brand’s write-up on 3E Accounting Recognised as Best Home-grown Global Accounting Network Founded…
Job Vacancies 2016 – Research by Ministry of Manpower Singapore 5 in 10 job vacancies are PMET jobs; mainly education, healthcare, infocomm and service-related occupations Nearly half of all vacancies as at 30 September 2016 were for professionals, managers, executives and technicians (PMETs). The job openings were mainly education, healthcare, infocomm and service-related occupations. These…
All COR Applications Have to Be e-Filed via Mytax Portal In line with Government’s direction to harness technology for enhanced productivity, all COR applications have to be e-Filed via myTax Portal from 1 Jun 2017. Paper applications will no longer be accepted from this date onwards. Online via myTax Portal Log in to mytax.iras.gov.sg to…
The pioneer batch of Human Capital Partners (HCPartners) was unveiled by Minister of Manpower, Mr. Lim Swee Say at the Human Capital Partnership networking event on last Friday, February 17. Among them, 3E Accounting Pte Ltd. was proud to be recognised as the pioneer batch for human capital partnership. It was a great honour where…
Committee on Future Economy SINGAPORE: This country has over the years enjoyed sustained economic growth and successfully weathered many economic crises. Singapore’s economy has become more diversified and people in the country today enjoy a very good quality of life. The approach taken by the Singapore government to ensure its economy remains vibrant is through…
Singapore Set To Become Top Choice For Arbitration SINGAPORE: On January 10, this year, Parliament passed amendments to the Civil Law Act which paves the way for businesses involved in international commercial arbitration cases here to get third party funding (TPF). TPF basically refers to proceedings funded by an entity unconnected to a dispute. This…