The Inland Revenue Authority of Singapore (IRAS) stipulates that all companies and businesses must maintain proper records supported with source documents for Income Tax and Goods & Services Tax (GST) purposes. Responsibility for record keeping lies with the business owners and all business owners are expected to put in place controls or measures to ensure that income tax and GST declarations are correct and complete.
In Singapore, companies and businesses making taxable supplies of goods and/or services with an annual turnover exceeding or likely to exceed one million Singapore dollars are compulsorily required to register for GST.
Proserv Consultancy Pte. Ltd. provides a full range of accounting and payroll services including book-keeping, finalization of annual accounts and compilation of annual reports based on the MYOB range of software. We have specialist experience in maintaining your accounts on monthly, quarterly or annual basis.
MYOB is the largest selling accounting software in Singapore and is capable of generating customized reports according to your requirements. Our Director, Mr Shiv Raj Kapur, is a professional partner of MYOB since 2001.
"MYOB Premier for Windows Singapore Release Ver 12.4" is listed in the IRAS register of softwares that are compliant with the requirements set out in the e-Tax guide.