Taxation Management

Customisable templates which can be auto-filled from imported profit & loss statements. Includes ability to input notes, attachments and references to computation.

Please review all requirements. Your solution must meet all 🔴 mandatory requirements to qualify.

S/No.	Requirements
2.01🔴	Automated and integrated tax calculation process Does the software automate and integrate tax calculation process across different components (i.e. income source, revenue deductions etc.)? - Automated calculations across modules and schedules whenever changes are made - Standardised and consistent formatting for reports according to the Singapore Income Tax Act - Updated tax rules according to Singapore Income Tax Act and latest tax policies and incentives - Generation of required forms such as Form C and Form C-s for corporate income tax and Form B, IR8A and IR21 for personal tax, or present the information in a similar format - Automated error checking ( e.g. for personal tax - ensure that maximum cap for each type of relief is not exceeded) - Data can be imported from formats such as excel in to the software - Tax reports can be exported to excel, pdf reports - Data can be carried forward from one YA to another
2.02	- Generate tax computation and schedules by uploading balance sheet and P&L
2.03🔴	Data repository Does your software allow storage of tax records in the system? - Traceable results, allows search results and forms to be saved in a central database. Data can be easily retrieved.
2.04🔴	Tax Filing Solution is also listed on IRAS Accounting Software Register Plus (ASR+) Please provide screen shots of IRAS listing and name the file as "IRAS ASR Supporting.pdf". Submit this document in your submission. If you answered No, please do not continue with the submission until your soluton is listed in IRAS ASR+ Listing. Link: https://www.iras.gov.sg/who-we-are/what-we-do/digital-collaboration/iras-accounting-software-register-plus
2.05	Bulk filing to IRAS
2.06	GST Modules Does your software allow for generation of data for GST purposes? - Software has a module for GST preparation that fulfils the requirements of a GST software
2.07	- Reverse Charge Mechanism - Overseas Vendor Registration Regime - GST Registration Reminder - GST Filing Reminder - GST Automated Blocked Input Tax Claims - Integration with GST Form 5 and Form 7

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Your submission should contain screenshots and write-ups that clearly demonstrate compliance with each mandatory requirement sub-point. Contact us if you need help.