income tax return
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time to file income tax!!
it's my first time... normally at what income level will they start taxing? -
First timers get a one off exemption.
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sure anot?
then subsequently my income must be how much before they start taxing? -
Think it's 22K or 24K.
But don't take my word for it, knowing my reputation in this forum. -
wah lao eh.. i have to pay 21% tax.
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siao la 22% tax
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as long as u work..they will tax
i think....
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Think they tax only if your income is more than 2K a month which is 24K a year.
Not only that, according to statistics from "official" sources, a huge bulk of Singaporeans don't need to pay tax. Which means a huge bulk of Singaporeans don't earn 2K a month.
You can go to other forums like YP to check some of the posts on these. -
thankz peppermint, the info was really helpful
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it's rather confusing. though i noe i'm confirmed below the taxable bracket of ppl, but i dunno:
1) 20k or 22k
2) count ur pay after cpf, right? -
all i know is that i logged in using my singpass...
2 hours later, the goddamned screen still shows "Processing in progress. Please wait."
last year, after i bloody put in my taxes at bloody 5am in the morning, because of the same bloody problem of not being able to log on during normal hours, IRAS had the audacity to attempt to fine me for "not filing taxes"
well, when i went there, they didn't even attempt to ask any questions and filed it in for me.. waived the fine, waved me off.. i got it out from them that their "computer breakdown"
so... the usual scramble towards IT without brains again?
seems so... -
so... the usual scramble towards IT without brains again?
It is normal lah. Spore gahmen agencies most IT systems are outsourced to companies like NCS and some other MNCs etc... Break down is common. Recently I thot there is also one gahmen system cannot handle the load breakdown? MOE that time apply for admission also same rite?
Breakdown of IT systems are common nowadays. Reason is users are asking for too many features unlike the COBOL days when there are limitation on what can be achieved. With current technology, users expect more and with more flexibility comes complexity.
Reason is the same with those electrical products. Last time electrical appliances break down can repair easily now it break down more easily and is harder to repair becuz of the more complicated circuitry within.
That is life aint it as we human race progress, we want more and more ? -
Go cookhouse want to scan 11b also computer breakdwon.
Anyway, if i stay locally, but work for overseas company. I am getting paid overseas. do i have to pay income tax here? -
if i'm not wrong,after ur income above 20000 den need to pay 3.75% for the next 10000 till 30k..
u calculate ur assessable income - ur earn income relief of 1k ba..if are below 55 that is and physically abled.. -
i think no need if they are taxing u over there liao..Originally posted by Ponders:Go cookhouse want to scan 11b also computer breakdwon.
Anyway, if i stay locally, but work for overseas company. I am getting paid overseas. do i have to pay income tax here?
do they pay u over here in sg currency anot? -
Dunno leh. my pay comes in the form where i just go to a bank safe deposit box.Originally posted by stellazio:i think no need if they are taxing u over there liao..
do they pay u over here in sg currency anot?
When i open them, the cash are inside already. Along with some instructions.
Get them like every 2-3 months.
Anyway, ya, IRAS told me it depends on the tax treaty between singapore and the other country. If there is no avoidance of double taxation treaty, then i need to pay both sides.
but lucky i got treaty. -
You watch Munich?Originally posted by Ponders:Dunno leh. my pay comes in the form where i just go to a bank safe deposit box.
When i open them, the cash are inside already. Along with some instructions.
Get them like every 2-3 months.
Anyway, ya, IRAS told me it depends on the tax treaty between singapore and the other country. If there is no avoidance of double taxation treaty, then i need to pay both sides.
but lucky i got treaty.
That's how Erica Bana gets paid for killing off the members of Black September. -
garhmen so nice give discount
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ya lor...not bad considering U pay big bucks for a piece of paper that comes in an envelope.Originally posted by cyrusv:garhmen so nice give discount -
I just file in my tax return. All done in under 45mins.
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Why do you think Singapore election coming yet opposition haven't been talking much?Originally posted by charlize:You watch Munich?
That's how Erica Bana gets paid for killing off the members of Black September. -
If you stay in Singapore, then you should pay Singapore tax......because you are a resident/ reside in Singapore, so your income will be taxed by Singapore. If you work overseas and getting paid overseas, but you go there for a while only, meaning you don't reside there for more than certain number of days in a year, then the tax of that income will still go to Singapore.Originally posted by Ponders:Go cookhouse want to scan 11b also computer breakdwon.
Anyway, if i stay locally, but work for overseas company. I am getting paid overseas. do i have to pay income tax here?
This should be explained in the tax treaty.
Btw...... from what you describe, you should know that you can pay no tax at all. Cash in a box?
What business are you in?
Nothing illegal I hope. -
No no .. nothing illegal.Originally posted by Li Ka Shing:If you stay in Singapore, then you should pay Singapore tax......because you are a resident/ reside in Singapore, so your income will be taxed by Singapore. If you work overseas and getting paid overseas, but you go there for a while only, meaning you don't reside there for more than certain number of days in a year, then the tax of that income will still go to Singapore.
This should be explained in the tax treaty.
Btw...... from what you describe, you should know that you can pay no tax at all. Cash in a box?
What business are you in?
Nothing illegal I hope.
Just go to Bank, open boxes, collect money, receive some instructions, "take care" of some people
That's all.