Cheap & Best Accounting Firm Service & Grant Consultation Singapore | Cheap Accountant Services | PSG Grant Xero Accounting software 

We know that accounting is important in any firm, and it is also time-consuming to properly manage your accounts. However, we are here to help you free the hassle of preparing and managing your own accounts!

 

We offer a wide range of popular accounting and tax support for start-ups and SMEs in Singapore. Some of our services include bookkeeping, corporate secretarial services, taxation and payroll management. We specialise in accounting management, effective tax planning and P&L business consultation.

 

With our certified team of accountants with over 10 years of experience, rest assured that your accounts are in good hands! We will help your business to grow, thrive and generate wealth while managing financial risks and complying with ACRA standards. The best, cheap and affordable accounting management services!

Specialised Corporate Accounting Services Singapore

Bookkeeping and

Financial Statements

 

We provide the preparation and compilation of Financial Statements which includes but not limited to the following: income statement, balance sheet, year-end financial statements including statements of comprehensive income, statements of financial position, cash flow statements, statements of changes in equity and notes to the accounts. Bookkeeping can be done on a daily, monthly quarterly or yearly basis.

Taxation Services & Advisory

Tax Filing Planning

 

We will help you with Tax Planning, including helping you to prepare and submit your personal or business taxes. Use our company taxation package to avoid the tax implications of every decision you make which will cost you a lot of money.

Corporate Secretarial

Services

 

For new start-ups, we will help you manage your books and advise on procedures required to set-up your business in the correct manner. We provide general corporate secretarial services which include filing of Annual Returns, registering of business names, etc.

Payroll Management

Payroll Outsourcing

 

We provide payroll services to manage your payroll and help you process your year-end taxes confidently! Our service ensures that the government remittances such as CPF are paid on time, tax filing requirements are followed and payroll information is kept confidential.

GST Registration and

CPF Registration

 

We provide the service of GST and CPF registration which includes preparation of application forms, a compilation of supporting documents and the preparation of GIRO application forms.

Preparation of

4-Line Statement

 

For individuals with revenue of more than $100,000, we provide the preparation of annual 4-Line statement report for self-employed/ sole proprietor and freelancers such as Insurance Agent, Property Agent and other high sales commission agent!

PSG Grant Xero Accounting Software Solution Singapore

Try our online accounting software, Xero, which links your business to accountants, bookkeepers, banks, and more! Smart online accounting software that helps to streamline your business - suitable for start-ups and SMEs! The best part is this Xero accounting software is PSG grant claimable up to 98% under the Productivity Solution Grant! 

Our PSG Xero package includes 1 year of Xero accounting software subscription, migration of data, setup of chart of accounts, personalized onsite training, and 12 months of local technical and accounting support.

Schedule a call to understand more about this PSG Grant Xero Accounting Software that easily claims 80% for a year!

Grant Consultation by SG Accounting Firm Singapore

We provide consultation on the various government grant programmes to assist business owners with their business growth and transformation.

Productivity Solutions Grant Singapore (PSG)

The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. Interested applicants can get a quotation for the Xero accounting software, laptop bundles, and other IT solutions before applying for PSG through the Business Grant Portal (BGP). Up to 98%* Government Subsidy with Productivity Solutions Grant (PSG)!

Grants for Xero Accounting Software Productivity Solutions Grant (PSG)

The grant supports SMEs that are keen to improve their productivity by adopting pre-approved IT solutions to enhance business processes. With up to 80% funding support, PSG serves as a very helpful tool for companies to kick-start their digitalization efforts.

WHO CAN APPLY

SMEs can apply for PSG if they meet the following criteria:

  • Registered and operating in Singapore

  • Purchase/subscription/lease of the IT solutions must be used in Singapore

  • Have a minimum 30% local shareholding

 

HOW TO APPLY

  1. Obtain a quotation from for IT solution (eg. Xero Accounting) from us. *We are the pre-approved vendor under PSG IT Solutions.

  2. Submit grant application online via the Business Grants Portal. SMEs NEED NOT to accept quotation at this stage.

  3. Application approved within 1 to 2 weeks.

  4. Once approved, confirm and sign quotation.

  5. Purchase, set up and start using IT solution.

  6. Submit claim online to receive the approved funding.

SkillsFuture Enterprise Credit (SFEC)

Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes. SFEC-supportable programmes include the Productivity Solutions Grant (PSG).

With regard to your query on the SkillsFuture Enterprise Credit (SFEC), there will be four qualifying periods:

 

  • 1 April 2019 – 31 March 2020

  • 1 July 2019 – 30 June 2020

  • 1 October 2019 – 30 September 2020

  • 1 January 2020 – 31 December 2020

 

In each of the qualifying periods, eligible employers who meet the following conditions will be notified in writing:

 

  • Have contributed at least $750 Skills Development Levy over a qualifying period;

  • Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period; and

  • Have not been qualified at any of the earlier periods.

There is no need to apply for the SkillsFuture Enterprise Credit (SFEC). Employers that fulfil the eligibility criteria will be informed by Enterprise Singapore in writing. The Credit will be used to subsidise supportable projects or courses that these employers successfully apply for. More details will be released subsequently to eligible employers.

P-Max Programme

Place-and-Train Programmes that aim to help SMEs to better recruit, train, manage and retain their newly-hired PMETs. One-time $5,000 Assistance Grant upon successful retention of the newly-hired PMETs for at least 6 months after completion of both the SME and PMET Workshops and endorsed by Programme Manager.

Work-Life Grant (WLG)

The Work-Life Grant aims to incentivise companies to sustain the use of flexible work arrangements (FWAs) for all employees. Companies can tap on one or both components - Flexible Work Arrangement Incentive and Job Sharing Incentive.

E-Invoicing Registration Grant

The Enterprise registration grant is a new scheme from IMDA in partnership with ESG to help businesses to digitalise. This grant provides businesses with a one-time payment of $200 per UEN, upon first registration to the E-Invoicing Network on or before 31 December 2020. 

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