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Can tax strategies be part of companies' growth plans?

Singapore firms should incorporate tax mechanisms into their working capital management, regardless of their growth ambitions or challenges.

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Tax is an option that companies can turn to as they manage their working capital, as tax payment can chip away at their bottom line and funds. Further, there may be tax opportunities to optimise cash flow if companies look hard enough.

THE EY Growth Barometer 2017 found that Singapore's middle-market companies are very bullish about growth. 15 per cent of Singapore respondents expected growth of 26 per cent or more in the coming year, and 70 per cent forecast a revenue rise of 6 per cent or more. However, the same survey also...

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