There are many rules around what you can or cannot claim for business expenses. How can this knowledge help you reduce the amount of tax payable? What are the expenses that are claimable in the production of income? To make deep progress in your business, continuous research and development is a necessity, but do you know there are tax incentives that you can tap on?
From the chapter authors of Deductions against Income and Research & Development Deduction and Allowances of The Law and Practice of Singapore Income Tax (Third Edition), this upcoming session facilitated by Accredited Tax Advisor (Income Tax) Mr Harvey Koenig, Tax Partner, KPMG Advisory and Mr Jeremiah Soh, Senior Associate, Baker McKenzie Wong & Leow, will uncover the abovementioned and explore into the areas of optimising your business with deduction and allowances. Using practical examples and case studies, look into the cases of deductible and non-deductible expenditure and how R&D claims will be evaluated by the tax authority.
The webinar ends with a Q&A session joined by Accredited Tax Advisor (Income Tax) Mr Tan Kay Kheng, Partner and Head of Tax Practice, WongPartnership, where he will also be sharing his practical insights on deductions against income. Seize the opportunity to engage in a discussion and tap into the expertise of these established tax advisors.