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Showing posts from January, 2020

Learn how outsourcing Accounting and Bookkeeping Services can be Beneficial for Your Business

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Bookkeeping and accounting are the two significant dialects of business without which no business is complete and able to cope with the daily activities bookkeeping department. Having knack knowledge on the financial situation of a business is very essential for each organization. It tends to be achieved only when a viable accounting system is established. Thusly, having an in-house bookkeeping team is significant for each business.    The job of bookkeeper and accountant can be challenging and tedious as it includes a lot of complex investigations and researches. It is recommended for the SME enterprises to outsource their Bookkeeping and Accounting Services to some expert services provider. However, small business owners neglected to understand the significance of bookkeeping accounting services in Singapore. Let’s have a look at some key advantages of outsourcing Accounting and Tax Outsourcing Services for Singapore . High level of Accuracy/ability: The expert vendor

Everything you wanted to know about impact of GST on Export of Goods and Services

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The government of India implemented the Goods and Services Tax (GST) in 2016 throughout the country. It was a transition to make the whole tax collection procedure of India increasingly adaptable. The impact of  goods and services tax GST  has been very changed in various sectors of the economy. One the key sectors that GST has affected is the import and exports. Import and Exports are significant contributors towards raising revenue around the country, which is why it is furthermore vital to ponder the effect GST has on it.   However, there is a great deal of uncertainty among businessmen on the possible effect of GST on the export of various goods. How GST on Exports Will It Be Levied?  Since the export of goods and services is categorized as zero-rated supply, there is no GST taxed on the same. Under the previous act, a duty downside was given for the taxes paid on inputs, provided these inputs were intended to export of goods exempted from taxes. It was truly frigh