Xero Accounting Services in Singapore WLP offers comprehensive accounting support for Xero Accounting Software, helping your business maximize the potential of this “beautiful accounting software.” XERO is a cloud-based accounting system tailored for small businesses, enabling seamless collaboration with accountants, bookkeepers, internal partners, and staff in real-time. It empowers businesses to manage their finances efficiently … Read more
Need a Xero Accountant in Singapore? Expert Support & Stress-Free Bookkeeping Starts Here Running a business means juggling many responsibilities—and accounting often becomes a major challenge. If you’re looking for a smarter way to manage your finances, a Xero accountant could be the solution you need. This guide explains how partnering with a Xero accountant … Read more
GST Assisted Self-Help Kit (ASK) Review Services in Singapore What is the GST Assisted Self-Help Kit (ASK)? The GST Assisted Self-Help Kit (ASK) is a self-assessment tool designed to assist GST-registered entities in managing their compliance effectively. It focuses on three key areas: Establishing GST Practices, which include People, Record-Keeping, Systems, and Internal Controls to … Read more
Payroll Parking & Employer of Record (EOR) Services – Simplify Your HR, Focus on Growth Let WLP Singapore handle the complexities of HR and compliance, so you can concentrate on what truly matters—growing your business. Our Payroll Parking and Employer of Record (EOR) services manage everything from payroll processing and statutory compliance to onboarding and … Read more
Understanding In-Principle Approval (IPA) for Your Home Loan in Singapore If you’re planning to buy a home in Singapore and need a bank loan, obtaining In-Principle Approval (IPA) should be one of your first steps. Many homebuyers mistakenly assume they can secure financing at any stage of the process, only to encounter unforeseen challenges. Without … Read more
5 Time-Saving Bookkeeping Shortcuts Using Xero Unlock Efficiency and Grow with WLP Bookkeeping forms the foundation of every successful business—but it doesn’t have to be time-consuming or overwhelming. In today’s fast-paced business environment, embracing technology is key to staying ahead. That’s where Xero comes in. As a leading cloud-based accounting platform, Xero transforms the way … Read more
Thinking of using online company registration services in Singapore? Singapore is consistently ranked as one of the best places in the world to start and operate a business. With its strategic location, pro-business tax policies, robust economy, and political stability, it’s no surprise that Singapore is also a thriving global hub for start-ups. As the … Read more
Preparing Company Tax Computation What is a Tax Computation? A tax computation is a financial document used to adjust a company’s accounting profit to arrive at the income that is taxable under Singapore law. These adjustments account for non-deductible expenses, non-taxable income, further deductions, and capital allowances, among other items. Companies are required to prepare … Read more
How to Set Up a Holding Company in Singapore: A Complete Guide A holding company serves as a parent entity that owns assets, shares, or interests in other businesses, but it doesn’t sell goods or services. This makes it simpler to establish, especially for international founders. If you’re considering starting one, this guide explains what … Read more
Singapore Revenue Authority Announces GST InvoiceNow Requirement On 15 April 2024, the Inland Revenue Authority of Singapore (IRAS) introduced the GST InvoiceNow requirement, which mandates that GST-registered businesses transmit invoice data directly to the IRAS through InvoiceNow solutions. Phased Implementation To provide businesses with ample time for adoption, the GST InvoiceNow Requirement will be rolled … Read more