How do I estimate my annual revenue and expenses for the year?
You can estimate your annual revenue and expenses for the current year based on the actual revenue and expenses you earned last year. You can adjust your estimated annual revenue and expenses whenever you foresee any changes in revenue (e.g. increase in number of jobs in the current year) or expenses (e.g. increase in business cost, including the cost to engage other to assist in your jobs).
This information is sourced from CPF
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