Relocating, travelling or planning to make Singapore home? Discuss the criterias, passes or visa that is required.
-
rockys_2011
- Newbie
- Posts: 1
- Joined: Wed, 26 Oct 2011 2:39 am
-
Quote
-
0
login to like this post
Post
by rockys_2011 » Wed, 26 Oct 2011 2:42 am
PR renewal:
Im 27 years old and I've lived in singapore for over 10 years. i make an above average salary and been a singapore PR for around 6 years. I have another 4 years for my PR renewal.
Now, i have a new job offer to move overseas that I've taken up. I will be away for 2-3 years. During this time,
i will be making around 300-400 voluntary contribution towards my CPF, however, will not be paying taxes in Singapore.
Now i would like to know if i will i have any problems in renewing my PR the next time in 2016?
Regards,
Rocky.
-
JR8
- Immortal
- Posts: 16522
- Joined: Wed, 24 Mar 2010 12:43 pm
- Location: K. Puki Manis
-
Quote
-
0
login to like this post
Post
by JR8 » Wed, 26 Oct 2011 3:30 am
Why are you posting under two user names?
-
Mad Scientist
- Director
- Posts: 3544
- Joined: Thu, 03 Dec 2009 6:31 am
-
Answers: 4
- Location: TIMBUKTU
-
Quote
-
0
login to like this post
Post
by Mad Scientist » Wed, 26 Oct 2011 4:22 am
rockys_2011 wrote:PR renewal:
Im 27 years old and I've lived in singapore for over 10 years. i make an above average salary and been a singapore PR for around 6 years. I have another 4 years for my PR renewal.
Now, i have a new job offer to move overseas that I've taken up. I will be away for 2-3 years. During this time,
i will be making around 300-400 voluntary contribution towards my CPF, however, will not be paying taxes in Singapore.
Now i would like to know if i will i have any problems in renewing my PR the next time in 2016?
As long as you are paying SG taxes in SG and will be going overseas by your local company, your PR renewal will be a breeze.CPF contribution does not make your PR renewal a breeze as it does not add to the Gahmen coffers. You have to submit the last 3 years of your income tax return prior renewal.
I know what you are planning to do and you want to have the best of alot of worlds. Rocky or should I say johnmapel123
Damn it you guys from the sub continent really abuse your PR big time. You guys really make the next guy wanting to be SG PR a VERY BAD NAME !!
Regards,
Rocky.
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!
-
ecureilx
- Immortal
- Posts: 9817
- Joined: Fri, 20 Aug 2010 5:18 pm
-
Quote
-
0
login to like this post
Post
by ecureilx » Wed, 26 Oct 2011 12:54 pm
Mad Scientist wrote:Damn it you guys from the sub continent really abuse your PR big time. You guys really make the next guy wanting to be SG PR a VERY BAD NAME !!
Cool down chief .. my gut feeling says said OP is probably from a SEA country ..
of course, those from subcontinent have this major habit of - previously, coming to Singapore before disappearing in US, and now, coming here, getting PR and then evaporating to OZ land or UK- with the rational that they want to keep multiple options open .. and when a genuine guy applies, ICA looks at him with tinted eyes ..
-
sundaymorningstaple
- Moderator
- Posts: 40376
- Joined: Thu, 11 Nov 2004 1:26 pm
-
Answers: 21
- Location: Retired on the Little Red Dot
-
Quote
-
0
login to like this post
Post
by sundaymorningstaple » Wed, 26 Oct 2011 1:25 pm
The fact that he is marrying an Indian girl, pretty much seals it, don't it. See his other post using a different nick.
http://forum.singaporeexpats.com/ftopic83345.html
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
ecureilx
- Immortal
- Posts: 9817
- Joined: Fri, 20 Aug 2010 5:18 pm
-
Quote
-
0
login to like this post
Post
by ecureilx » Wed, 26 Oct 2011 2:04 pm
Ouch ....
And attempts to use names like John/Rocky brought no joy I guess
-
nakatago
- Moderator
- Posts: 8363
- Joined: Tue, 01 Sep 2009 11:23 pm
- Location: Sister Margaret’s School for Wayward Children
-
Quote
-
0
login to like this post
Post
by nakatago » Wed, 26 Oct 2011 2:51 pm
ecureilx wrote:
Ouch ....
And attempts to use names like John/Rocky brought no joy I guess
Oh how many John's and Robert's I banned because they were s#i*%6ng all over the boards with their copypasta as they sit in some internet cafe from India, Bangladesh, Pakistan or China...
"A quokka is what would happen if there was an anime about kangaroos."
-
johnmapel123
- Newbie
- Posts: 3
- Joined: Wed, 26 Oct 2011 2:43 am
-
Quote
-
0
login to like this post
Post
by johnmapel123 » Wed, 26 Oct 2011 6:21 pm
Hi Scientist,
Thank you for the swift response. But situation is different and complicated.
Please see below:
As long as you are paying SG taxes in SG and will be going overseas by your local company, your PR renewal will be a breeze.CPF contribution does not make your PR renewal a breeze as it does not add to the Gahmen coffers. You have to submit the last 3 years of your income tax return prior renewal.
I know what you are planning to do and you want to have the best of alot of worlds. Rocky or should I say johnmapel123
Damn it you guys from the sub continent really abuse your PR big time. You guys really make the next guy wanting to be SG PR a VERY BAD NAME !!
I would be working for an overseas company, stationed outside in India again. My salary would be credited in Singapore. So technically i don't qualify for local taxes here. So if personal CPF contribution doesn't do the trick, should i pay taxes when i don't even qualify? Kindly advice mate.
-
JR8
- Immortal
- Posts: 16522
- Joined: Wed, 24 Mar 2010 12:43 pm
- Location: K. Puki Manis
-
Quote
-
0
login to like this post
Post
by JR8 » Wed, 26 Oct 2011 6:25 pm
Why are you posting under two user names?
-
sundaymorningstaple
- Moderator
- Posts: 40376
- Joined: Thu, 11 Nov 2004 1:26 pm
-
Answers: 21
- Location: Retired on the Little Red Dot
-
Quote
-
0
login to like this post
Post
by sundaymorningstaple » Wed, 26 Oct 2011 8:02 pm
He's not. I locked him out of the rocky one. Rocky's down for the count!
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
JR8
- Immortal
- Posts: 16522
- Joined: Wed, 24 Mar 2010 12:43 pm
- Location: K. Puki Manis
-
Quote
-
0
login to like this post
Post
by JR8 » Wed, 26 Oct 2011 11:04 pm
Damn, that must have been a blow
-
beppi
- Manager
- Posts: 1768
- Joined: Thu, 07 Sep 2006 11:15 am
- Location: Ahlongistan (O$P$)
-
Quote
-
0
login to like this post
Post
by beppi » Wed, 26 Oct 2011 11:10 pm
The answer is simple:
- If you live (and work) in Singapore, you are resident (potentially permanent resident) and liable to pay tax.
- If you don't live and work here, your are not.
-
Mad Scientist
- Director
- Posts: 3544
- Joined: Thu, 03 Dec 2009 6:31 am
-
Answers: 4
- Location: TIMBUKTU
-
Quote
-
0
login to like this post
Post
by Mad Scientist » Thu, 27 Oct 2011 3:02 am
johnmapel123 wrote:Hi Scientist,
I would be working for an overseas company, stationed outside in India again. My salary would be credited in Singapore. So technically i don't qualify for local taxes here. So if personal CPF contribution doesn't do the trick, should i pay taxes when i don't even qualify? Kindly advice mate.
This is incorrect. You have to insist that your local employer pays you in SG. It does not matter if you are on oversease stint for donkey years. As long as your local employer pays you here and you receive your income tax assessment here, YOU QUALIFY. The only reason I can think of why your local employer not wanting to pay you here is they do not want to contribute their portion to CPF and you are on overseas contract work. Your employer pays you in SG, you got tax. So does your employer. They contribute CPF , so do you. Gahmen very happy . You get renewal PR. ONE BIG HAPPY FAMILY
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!
-
beppi
- Manager
- Posts: 1768
- Joined: Thu, 07 Sep 2006 11:15 am
- Location: Ahlongistan (O$P$)
-
Quote
-
0
login to like this post
Post
by beppi » Thu, 27 Oct 2011 5:40 am
It's a rare day when MS is wrong and I know better! So here goes:
Income from work overseas is NOT taxable in Singapore, even if received here.
I had the same situation twice before, when I was seconded to Indonesia and Taiwan - I did not pay taxes in Singapore although my salary was paid in Singapore in both cases (and CPF was paid, too).
-
Mad Scientist
- Director
- Posts: 3544
- Joined: Thu, 03 Dec 2009 6:31 am
-
Answers: 4
- Location: TIMBUKTU
-
Quote
-
0
login to like this post
Post
by Mad Scientist » Thu, 27 Oct 2011 6:18 am
Yes income from overseas is NOT taxable but read the bolded ones by IRAS
Overseas employment
If you are contracted to be based overseas to render your full services outside Singapore, you are not liable to tax in Singapore as the income is sourced outside Singapore. It does not matter where and how you are being paid. Your employer will not need to prepare the Form IR8A for you to file your tax in Singapore. If you work in Singapore, the income attributable to services rendered in Singapore is taxable in Singapore unless the employment is exercised for not more than 60 days in a calendar year. For employment of 61 to 182 days in Singapore, you will be taxed at a flat rate of 15% or resident rates, whichever gives a higher tax and no personal reliefs would be granted. Your employer will have to seek tax clearance when you cease employment in Singapore.
Overseas income
Generally, overseas income received in Singapore on or after 1 Jan 2004 is not taxable. These include overseas income paid into a Singapore bank account.
You do not need to declare overseas income that is not taxable.
When is overseas income taxable
Overseas income is taxable in Singapore if...
It is received in Singapore through partnerships in Singapore.
Your overseas employment is incidental to your Singapore employment. That is, as part of your work here, you need to travel overseas.
Your overseas employment income is for services rendered in Singapore.
You are employed outside Singapore on behalf of Government of Singapore.
You work in Singapore for a foreign employer.
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!
-
-
agent commission paid by landlord for 6months renewal
Replies: 5
First post
Hi all,
is it true that even for a 6 months renewal of lease by landlord with the same tenants , landlord has to pay half month rent as...
Last post
In the contract there's a clause to state whether you need to pay the agent commission for renewal. up to you to go and negotiate!
- 5 Replies
- 3416 Views
-
Last post by Zhou Anqi
Wed, 10 Jun 2020 10:42 am
-
-
EP renewal - police investigation
Replies: 21
First post
Hi,
Many thanks in advance
Last post
OK, you don't need that aggravation. If you're a member of a church, temple, society or similar ask around there. Also consider asking your employer...
- 21 Replies
- 8229 Views
-
Last post by PNGMK
Sun, 22 Sep 2019 2:35 pm
-
-
REP Renewal Chance
Replies: 3
First post
Hi,
I am a Singapore PR and my wife and daughter are dependent PR. Our REP expires this Nov. We have 5 years of excellent tax record.
However, my...
Last post
The best you will get is a maximum 1 year REP renewal or 0 years
- 3 Replies
- 2433 Views
-
Last post by singaporeflyer
Mon, 01 Jul 2019 8:42 pm
-
-
Question about renewal of REP
Replies: 1
First post
Hello:
Hoping to tap into the group's knowledge. Does a divorce prevent (or make harder) the renewal of reentry permit? Both husband and wife are...
Last post
If both are PR's in their own right (e.g., PR via PTS scheme) divorce wouldn't make any difference. But if one spouse is via Family Ties there could...
- 1 Replies
- 1977 Views
-
Last post by sundaymorningstaple
Sun, 14 Jul 2019 1:22 pm
-
-
Should I pay my agent to help with renewal?
Replies: 3
First post
Hi all,
I'm a tenant, and the time has come for us to renew our lease. Our agent (the one who represented us and helped us find the place), is...
Last post
OP says that the agent was out of touch for 2 years. OP, what do you expect the agent to do for the 2 years? Agents will help you only if you have...
- 3 Replies
- 1714 Views
-
Last post by sundaymorningstaple
Fri, 06 Sep 2019 2:56 pm
Users browsing this forum: No registered users and 21 guests