Foreign Tax Credits: A Step-by-Step Guide Using Tax Savy Foreign Tax Credits (FTC) are meant to prevent double taxation — but in practice, they often introduce complexity, manual tracking, and room for error. Between foreign income schedules, unremitted inc... Branch Profits FTC Pooling Foreign Tax Credits Interest Income Rental Income Royalties Unremitted Foreign Income Tracking
How to use the Fixed Asset Schedules? Fixed asset schedules aren’t exactly the most exciting part of tax prep. But they don’t have to be painful either. Our latest Tax Savy Tutorial shows you how to: ✅ Prepare your Fixed Asset Schedules w... CA Summary Capital Allowance FA Schedules S19A Schedule Tutorial
How to use the Hire Purchase Schedules? If you’ve ever dealt with hire purchase arrangements during tax season, you know the drill — multiple instalments, principal breakdowns… and the spreadsheet acrobatics that come with them. Good news: ... Capital Allowance Hire Purchase
Automatic Capital Allowance Classification Tool Manual classification of fixed assets is tedious, error-prone, and time-consuming. That’s why we built a custom ChatGPT prompt to help Tax Savy users automatically classify their fixed assets into the... AI-assisted workflow Capital Allowance
How to use the Renovation Schedule? We’re back with another Tax Savy tutorial! Tracking qualifying renovation expenses for tax purposes doesn’t have to be complicated. With Tax Savy’s Renovation Schedule, you can easily tag, organise, a... P&L Schedules Renovation Tutorial
How to use the Built-in Calculator? We’re back with the second video in our Tax Savy tutorial series and this one’s a time-saver. Ever found yourself alt-tabbing between a calculator and your spreadsheet just to get through a tax comput... Detailed P&L Tutorial
How to tag P&L Schedules? Learn how to tag your P&L schedules like a pro with our latest step-by-step tutorial. Stop wasting time preparing tax returns manually on spreadsheets and get more done, faster. Whether you're new to ... Detailed P&L Rental Income Tutorial
How to Use the Detailed P&L and Upload Template? We’re excited to launch a new video tutorial series designed to help you get the most out of Tax Savy — our productivity software built specifically for Singapore tax professionals. Whether you're jus... Detailed P&L Tutorial
How to Report a Bug or Error? Spotted a Bug? Help Us Squash It! At Tax Savy, we’re always working to make your experience as smooth as possible. But if you ever run into a bug or something that doesn’t quite work right, we want to... Bug Reporting
How to use Savy Schedule? Purpose Our proprietary Savy Schedule is designed to meet the unique needs of different tax practices. It empowers you to create fully custom schedules without the need to toggle between Tax Savy and ... Main Computation Savy Schedule
Clawback Provisions for Intellectual Property Rights (IPRs) Under the Enterprise Innovation Scheme (EIS) , there’s an important rule to keep in mind: if you’re claiming enhanced deductions for acquiring IPRs, you’ll need to own those IPRs for at least one year... Enterprise Innovation Scheme (EIS) FA Disposal
How to Handle Enterprise Innovation Scheme (EIS) in Tax Savy? When it comes to tagging enhanced deductions or allowance for Enterprise Innovation Scheme (EIS) — there are a few things you’ll want to keep in mind to get it right. Let’s walk through it step by ste... Enterprise Innovation Scheme (EIS) Further Deductions