Singapore Budget 2019 update: Policies for SMEs

By myBusiness team

As Singapore marks the bicentennial year of its founding, Finance Minister Heng Swee Keat reflected on the hurdles that the colonial port has managed to overcome. In the same spirit, he urged Singaporeans to confront today's challenges with grit and determination. Here are some highlights from the budget speech that may affect SMEs.

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How does the IRAS Auto-Inclusion Scheme affect businesses?

IRAS' Auto-Inclusion Scheme requires employers to submit employees’ employment income information to the IRAS electronically. Is your business affected and are your processes ready for it? 

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Simplifying accounts for small business

When you’re running your own business you’re expected to manage every aspect of it. Finding the right accounting software lets you focus on the aspects of the business that drive growth. 

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How can classifying documents and sensitive information aid protection?

For every small business, different documents and data have different levels of sensitivity. How do you create different safeguards to ensure your information is safe and accessible to the people who need it?

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5 simple ways to focus on your business in 2019

Many SMEs are so busy that they have little time to stop and think about some simple and affordable steps they could take to make work easier. The digital age has made it easier for SMEs to break free of old processes which are inefficient and inhibit growth. Here are some ideas to help your business grow in 2019.

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