Budget Accounts is a Singapore-based company that provides accounting & tax advisory services. Additionally, they provide corporate secretary services, e-Corporation services, relocation services, and human resource functions.
Accounting services provided by Budget Accounts include basic bookkeeping, preparation of schedules for audit & reconciliation, accounts reconciliation, preparation of registers, debtors & creditors ledger reconciliation, GST compilation & accounting, payroll services, and amendments to accounts.
Tax advisory services include corporate & personal income tax computations, filing & submission of different forms (Form C, Form b/B1, Form T, Form P, and others), application for a certificate of residence, and waiver for submission of Form C for a dormant company. Additionally, they will attend to IRAS queries on corporate & personal tax issues and calculate estimated chargeable income for the company.
Budget Accounts will assist you with payroll and provide help with monthly payroll administration, filing of monthly statutory contributions, salary remittance into employee’s bank account or by cheque, and performing annual income tax processing (IR8A). Also, Budget Accounts offers a self-service online platform for employees (pay-slip generation, claim & leaves submission).
Budget Accounts provides company secretarial services such as the incorporation of a private limited company in Singapore, corporate secretarial retainer services, provision of a nominee director or shareholder, or named secretary. Also, they will help with the provision of registered office & business address, preparation of board or shareholders resolution, preparation of the annual report in XBRL format, filing of annual return & lodgement notice with the ACRA, and striking-off private limited company.
Every business establishment is required to maintain proper books of accounts as stipulated in the Singapore Companies Act in accordance to Singapore Financial Reporting Standards. At Budget Accounts, we have a strong fleet of dynamic Accountants and IT professionals with extensive knowledge and experience. We have managed to develop a revolutionary way to compile and collate accounting information to produce sets of accounts with the least possible usage of resources. Our professionals have improvised a customized IT software and Workflow Management System to cater for the various needs of existing and newly set-up companies.
Globalisation, with technology advancement, has fuelled the increase of cross-borders and overseas business and investments. Hence, there is an escalating rate of investors and companies setting up Overseas Branches, Subsidiaries and Representative Offices.
We are a professional firm registered with the Accounting and Corporate Regulatory Authority (ACRA), who is able to do e-filing on behalf of our clients. Our professionals are here to ensure that business regulatory compliance will never be a burden to you, so that you are able to concentrate on your core business. We have our own customized Information Technology (IT) software and Workflow management system which enable us to provide our professional services economically, swiftly and accurately.
All business transactions revolve around tax issues that constantly change with updates in the relevant laws. For example, in the recent Budget 2011, there were numerous changes that have subsequent tax implications for businesses. Hence, it is crucial for companies to engage professional and efficient tax advisers for their services in advising on how to deal with these changes and updates. Our abundant experience and expertise in Tax and IT services have propelled us to cultivate a culture that is dedicated to delivering true value to our customers.