This is a message for the wonderful people in ACRA.
They did not send me a reminder to file my ACRA return.
I filed the return today and get fined $300 for filing the return late, in addition to the filing fee of $60.
They seem to think that business owners have nothing to do, except to comply with their filing requirements. They do not seem to think that a reminder is necessary.
Their penalty is excessive. No wonder ACRA makes a profit in their operations.
https://www.acra.gov.sg/resources/annualreports/2015-2016/pdf/Financial-Highlights.pdf
They did not send me a reminder to file my ACRA return.
I filed the return today and get fined $300 for filing the return late, in addition to the filing fee of $60.
They seem to think that business owners have nothing to do, except to comply with their filing requirements. They do not seem to think that a reminder is necessary.
Their penalty is excessive. No wonder ACRA makes a profit in their operations.
https://www.acra.gov.sg/resources/annualreports/2015-2016/pdf/Financial-Highlights.pdf
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