Welcome to iBP!
iBP is your trusted business partner solutions in accounting and statutory compliances in Singapore. iBP helps you at the back end while you grow your business in the front. When you hire iBP, you hire the entire iBP team. With iBP you will save money by not having to provide employee benefits, office space, office supplies (e.g. computer, desk, furniture and so on) or any other things that come with full or part-time employees. Further, there is no need for you to keep up with changes in accounting standards and tax/GST legislations. You also need not be concerned with computer downtime, accounting software obsolescence, or staff absence from leave or resignation.
Our Values :
We believe in a meritocracy in which meaningful work and meaningful relationships create value-added for our customers as well as our people within the organisation. We nurture an open-minded environment and continually striving together for the highest levels of truth and excellence that we create meaningful work and meaningful relationships.
Whatever We Do, We Add Value
We will enhance our customers’ service advantage with our 3 unique core value in our services :
We ensure our services and activities integrate well with our customer’s strategic and business daily activities so as a whole it creates synergies in what our customers are doing.
We empower our customers to intelligently discover share and collaborate on financial information from anywhere at anytime.
We accelerate information creation and information flow to improve our customer’s efficiency in decision making.
Advisory on Scam & Fraudulent Activities . Oct 2019 - Scam Email 'Corporate Income Return for 'YA 2019' Companies are advised to be vigilant and not fall into the trap of scam emails during this Corporate Tax Filing season. Similar scam email with subject heading...read more
Kidney specialist to pay $1.8 million in fines and penalties for the omission of business income and the filing of incorrect GST returns by his medical practice
30 Aug 2019 Lye Wai Choong (“Lye”), 60, a doctor specialising in the treatment of kidney problems and director of Centre for Kidney Diseases Pte Ltd (“the Centre”), was ordered to pay fine of $21,000 and penalties totalling $1,794,627 after being found guilty of...read more
6 May 2019 Business fined for failing to register for GST Shui Poh Sing, a durian seller in the Ghim Moh area and managing partner of minimart businesses Shanghai Moh Lee Seng and Seng Chung Trading, and his business partner and brother, Shui Poh Chung were convicted...read more
His breaches of Companies Act include failure to hold AGMs and not filing annual returns for nine firms Ng Huiwen A company director has been given a record fine for multiple breaches of the Companies Act, including failing to hold annual general meetings (AGMs) and...read more
More of us are making fewer mistakes when it comes to record-keeping. But still, just one mistake could cost or bring about inconvenience. For the self-employed, here are the more common mistakes you can avoid. Click here to watch ! Missed Part 1 and Part 2? Catch it...read more
Keeping good records is important to your business. We've put together a list of great record-keeping habits to improve tax compliance for your business! In the second of the 3-part series, find out how to keep your records and how long to keep them. Part 2 of the...read more
Keeping good records is important to your business. We've put together a list of great record-keeping habits to improve tax compliance for your business! In the first of the 3-part series, find out what records and source documents should be kept for tax purposes....read more
Volume 2 : issue date 14.06.2018 With effect from Year of Assessment 2019, taxpayers must prepare TPD and to supply to IRAS within 30 days upon request unless the taxpayers are exempted to prepare TPD. The full text of the Transfer Pricing Documentation...read more