Category: Singapore – Tax

A comprehensive guide for taxpayers in Singapore to understand the flat 15% tax rule for non-residents, when it applies, and how it compares to the progressive tax rates. 📌 Understanding Non-Resident Taxation in Singapore Singapore taxes individuals based on their...

Read More

Learn how Singapore's Fixed Expense Deduction Ratio (FEDR) can simplify tax reporting for self-employed individuals, sole proprietors, and commission-based earners while maximising allowable deductions. 📌 What is the Fixed Expense Deduction Ratio (FEDR)? The Fixed Expense Deduction Ratio (FEDR) is...

Read More

Singapore is an attractive base for digital nomads due to its world-class connectivity, low taxes, and vibrant business ecosystem. However, when it comes to tax filing, rules can be complex—especially if you earn income from multiple countries. This guide explains...

Read More

Singapore's Educational Course Fee Relief has long been a valuable tax benefit for individuals upgrading their skills. However, with the scheme set to end after Year of Assessment (YA) 2025, this is your final chance to claim it. Here’s everything...

Read More

If you are a Singapore resident working abroad temporarily, understanding your overseas assignment tax obligations is crucial. This guide explains when you need to pay taxes, residency rules, exemptions, and IRAS guidelines for foreign-sourced income. 📌 Understanding Overseas Assignments and...

Read More

If you’re selling shares, property, or other investments, you may wonder whether you need to pay capital gains tax in Singapore. The good news for most taxpayers is that Singapore does not impose a capital gains tax — but there...

Read More

The Crypto-Asset Reporting Framework (CARF) is set to become the global standard for tax transparency in the cryptocurrency sector by 2028. For taxpayers in Singapore who hold, trade, or invest in digital assets, this new framework will mean greater scrutiny,...

Read More

The Central Provident Fund (CPF) is a key pillar of Singapore’s social security system, and the wage ceilings determine how much CPF contributions are made for an employee each month and year. With changes to the CPF wage ceiling scheduled...

Read More

The CPF Contribution Relief is one of the most significant personal tax reliefs available to Singapore taxpayers. Whether you are an employee or self-employed, understanding how this relief works can help you reduce your taxable income for Year of Assessment...

Read More

The Central Provident Fund (CPF) is a cornerstone of Singapore’s social security system, ensuring financial security for retirement, housing, and healthcare needs. With changes coming into effect in 2025, understanding the latest CPF contribution rates is essential for both employees...

Read More