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by eekwan7
Wed, 14 Oct 2015 1:16 pm
Forum: Strictly Speaking
Topic: Need HELP on income tax matter
Replies: 13
Views: 3310

Re: Need HELP on income tax matter

Thank you for all the helpful advices. I am more clear on how it works now. Really appreciate it.
by eekwan7
Wed, 14 Oct 2015 12:31 pm
Forum: Strictly Speaking
Topic: Need HELP on income tax matter
Replies: 13
Views: 3310

Re: Need HELP on income tax matter

He means that you will be taxed for the period 19 July through December 31. Your employer will file an IR8A for the amount you have earned. In all likelihood, with a 2 year EP, you will be taxed at the resident rate, no matter what your salary is. There is no tax if you earned less than $20,000. Bu...
by eekwan7
Wed, 14 Oct 2015 11:39 am
Forum: Strictly Speaking
Topic: Need HELP on income tax matter
Replies: 13
Views: 3310

Re: Need HELP on income tax matter

Normally, you will be taxed on that first partial year if you are on an EP of at least 12 months duration. (Provided which you have earned a minimum of 20K during that period - assuming you DO have an EP of at least 12 months). At least that has been the experience I've encountered with staff over ...
by eekwan7
Wed, 14 Oct 2015 6:43 am
Forum: Strictly Speaking
Topic: Need HELP on income tax matter
Replies: 13
Views: 3310

Re: Need HELP on income tax matter

If you have a valid EP that is good for over 12 months you will automatically be given the resident rate, however, if you don't stay for the given 12 months, then when your tax clearance (IR-21) is filed by the employer, they will recalculate your taxes based on the 15% non-resident flat rate. So i...
by eekwan7
Tue, 13 Oct 2015 10:33 pm
Forum: Strictly Speaking
Topic: Need HELP on income tax matter
Replies: 13
Views: 3310

Need HELP on income tax matter

Hi all, I have arrived in Spore on 27th July 15 and started working in Spore from 29th July 15 until now. And I have recently received a letter from IRAS about income tax system in Spore. In the letter, it states that if someone work or stay in Spore for less than 183 days, he/she will be taxed at t...

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