Varel Haikal Ramadhan

What is Prorated Salary? A Guide for Businesses

Prorated salary refers to modifying an employee's pay based on the time worked within a certain period. Employees are compensated proportionally for the days,...

Bonded Warehouse in Singapore Explained: A Complete Guide

A bonded warehouse is a type of storage facility that holds products without requiring immediate payment of customs charges. These warehouses are closely monitored...

Foreign Worker Levy in Singapore: Rate & Compliance

The Foreign Worker Levy in Singapore is a fee paid by companies employing foreign workers, aimed at maintaining a balance between local and foreign...

Top Tax Software 2026: Review and Guide

Tax preparation in Singapore can be a challenging process for businesses, especially during the busy tax season. Managing the required documentation, ensuring accuracy, and...

Standard Costing: Meaning, Example, and How to Calculate it

Managing production costs is critical for firms to remain competitive. Standard costing is a successful strategy for controlling expenses because it establishes unambiguous, predicted...

What Is a Tax Invoice? Components, Format, and Importance

Singapore has a strong and well-organized tax system that plays an important part in preserving the country's business climate. According to the Ministry of Finance...

Net Present Value (NPV): Meaning and How to Calculate it

Net Present Value (NPV) is a financial metric used to assess investment profitability by calculating the present value of future cash flows, considering the...

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