Goods and Services Tax (GST) in Singapore affects not just businesses, but also individuals who make daily purchases. Whether you are buying groceries, electronics, or booking a holiday package, GST plays a role in the price you pay. This guide...
If the Inland Revenue Authority of Singapore (IRAS) selects you for a tax audit, knowing your rights and obligations is crucial to ensure a smooth process. This guide explains what Singapore taxpayers should expect, how to cooperate with IRAS, and...
For property owners in Singapore, understanding how rental income is taxed is crucial to optimising tax liabilities. The Inland Revenue Authority of Singapore (IRAS) allows landlords to choose between claiming actual rental expenses or a 15% deemed expense deduction. This...
In Singapore, retirement savings from the Central Provident Fund (CPF) and the Supplementary Retirement Scheme (SRS) play a crucial role in securing your golden years. However, knowing how withdrawals are taxed is just as important as saving. This guide explains...
As a high-income earner in Singapore, your tax bill can be substantial. While Singapore already offers competitive tax rates compared to many developed nations, there are still legal and effective ways to reduce your taxable income, maximise exemptions, and optimise...
A detailed guide for foreign professionals, expatriates, and employees to understand Singapore’s tax residency concessions, eligibility rules, and how they impact your tax rates and filing obligations. 📌 Understanding Tax Residency in Singapore The Inland Revenue Authority of Singapore (IRAS)...
Relocating to Singapore? Great choice. The Lion City offers a competitive, largely territorial tax system, low personal tax rates, and world-class infrastructure. This guide gives practical, keyword-rich tax planning tips for expats in Singapore—from residency rules and non-resident tax to...
Stock options and share awards are popular components of employee compensation packages in Singapore, especially in multinational corporations and start-ups. However, these benefits are not tax-free — the Inland Revenue Authority of Singapore (IRAS) has clear rules on when and...
Selling an investment property in Singapore can be a lucrative move, but it also comes with important tax considerations that every property owner should understand. Whether you are a seasoned investor or selling your first rental unit, knowing how the...
Understand your Singapore income tax obligations if you are a freelancer, influencer, or online seller. Learn what income is taxable, allowable deductions, and compliance tips to avoid penalties from the Inland Revenue Authority of Singapore (IRAS). 📌 Who is Considered...
