Overview:
Lancaster is the founder of One Tax CM, a Singapore-based corporate services firm that provides company incorporation, accounting, taxation, corporate secretarial, payroll, and business advisory services for SMEs. A former Inland Revenue Authority of Singapore (IRAS) tax officer, he took the unconventional path of leaving the public sector and accepting an 82% pay cut to gain private-sector experience before establishing his own firm. Today, he is recognised for helping entrepreneurs navigate compliance while building sustainable businesses through trusted advisory services.
Industry:
Corporate Services | Accounting | Tax Advisory | Business Consulting | SME Advisory
Professional Experience:
Lancaster began his career at the Inland Revenue Authority of Singapore (IRAS), where he spent six years specialising in taxation and regulatory compliance. Seeking broader commercial exposure, he left the civil service to join the private sector, despite taking an 82% reduction in salary. The experience gave him firsthand insight into the operational challenges faced by SMEs. In 2014, he founded One Tax CM to provide a comprehensive suite of services, including company incorporation, accounting, taxation, corporate secretarial support, payroll, and work pass applications. Under his leadership, the firm has built a reputation for practical advice, responsive service, and long-term client relationships.
Turning Point:
A defining turning point came when Lancaster chose to leave the stability of the public sector to better understand the realities of running a business. His willingness to sacrifice short-term financial security enabled him to gain valuable commercial experience and shaped his belief that business owners need advisors who understand both regulatory requirements and real-world business challenges. This experience ultimately inspired him to establish One Tax CM as a trusted partner for Singapore’s SME community.
What He Does Now:
Today, Lancaster leads One Tax CM, advising startups, SMEs, and growing businesses on accounting, taxation, compliance, and business strategy. Beyond serving clients, he is passionate about developing his team through internal career progression and continuous learning, believing that strong people create exceptional client service. His mission is to simplify compliance so entrepreneurs can focus on growing their businesses with confidence.
SGVisionaries Interview:
LinkedIn Profile:
https://www.linkedin.com/in/lancasterlee
Website:
Profiles of Singapore’s Creators, Entrepreneurs, Leaders and Professionals. Powered by SGVisionaries.com 
Leave a comment