M&A Financial Reporting: Key Insights on Purchase Price Allocation (PPA) When companies engage in mergers and acquisitions (M&A), the financial reporting implications stretch far beyond the deal announcement. One critical piece is the process of Purchase Price Allocation (PPA) — assigning fair values to the assets and liabilities of the acquired entity. This step is … Read more
Common Business Valuation Mistakes You Should Avoid Valuing a business is more than just crunching numbers – especially in a vibrant market like Singapore. A proper valuation informs strategic decisions, supports investment and M&A activity, and guides future planning. Yet many organisations stumble by overlooking key factors. Here are common valuation mis-steps—and how you can … Read more
What is the Import GST Deferment Scheme (IGDS)? The Import GST Deferment Scheme (IGDS) was introduced in Singapore in the 2010 Budget to help GST-registered importers manage cash-flow pressure. Under IGDS, importers are permitted to defer the payment of import GST from the moment of importation until the filing of their GST return. This essentially … Read more
Mortgage Brokers vs Banks: What’s the Best Route for Your Home Loan? When it comes to securing a home loan in Singapore, you typically have two main routes: going via a bank directly, or working through a mortgage broker. Each has its advantages and trade-offs — your ideal choice depends on your financial profile, comfort … Read more
Understanding Company Tax Planning: Strategy, Legality & Why It Matters Tax planning is a crucial part of modern business strategy — but the line between acceptable planning and unlawful behaviour can be thin. While many firms use legitimate methods to reduce tax liabilities, others stray into prohibited territory. In this article we’ll explore key tax-avoidance … Read more
Launching a Start-Up with Zero Capital in 2026: 6 AI-Driven Ideas You Can Start Today Introduction In 2026, you don’t need a big budget to start a business—thanks to artificial intelligence, no-code tools and changing consumer expectations. Trends show solo entrepreneurs can hit the ground running with minimal investment. In this article, we’ll explore six … Read more
Best Company Government Grant Support / PSG for Xero Accounting System In Singapore’s fast-moving business environment, small and medium-sized enterprises (SMEs) face mounting pressure to adopt digital tools that streamline operations, reduce cost, and improve decision-making. One powerful move is shifting your accounting and finance processes to the cloud. Thanks to the Productivity Solutions Grant … Read more
How Wire Transfers Work: The Ultimate Guide for Singapore Businesses If your company frequently sends or receives cross-border payments, understanding the workings of wire transfers is essential. In Singapore, wire transfers remain one of the most reliable methods—but there are key nuances that SMEs should know to avoid delays, hidden costs and compliance issues. What … Read more
A Comprehensive Guide to Accounting and Bookkeeping for Start-Up Founders in Singapore: Partner with WLP for Success Starting a business in Singapore comes with its challenges, especially when it comes to managing finances. As a new start-up founder, you must stay on top of your accounting and bookkeeping to ensure business growth and compliance with … Read more
7 Common Credit Control Mistakes Businesses Should Avoid for Better Financial Health In today’s competitive business landscape, managing credit control efficiently is crucial to ensure consistent cash flow and minimize bad debt. Unfortunately, many businesses make avoidable mistakes that could jeopardize their financial stability. If you’re looking to improve your company’s credit management practices, it’s … Read more