In case you are not confused enough, here's my 2 centsultimaweapon wrote:I see, so my EP is for 2 years and thus I will be counted with resident tax rate.
Ok that's good to know. Thanks for the advice! I appreciate it.
I have found IRAS to be very fair minded about tax issues. They will _probably_ assess you at the resident rate even if you didn't make 183 days in the tax year.ultimaweapon wrote:I think I'll just pray for the non-resident rates
if you earn 200K and still feel the pinch .. Man, I am far, far from that and I don't complain ..ultimaweapon wrote:Just imagine that S$9,250 is about 45% of S$20,750 and the things that that amount of money can do and you might not want the non-resident rates anymore. But yes, I understand that there will be rebates later but the pain from the pinch is not a minor one.
No, I'm not complaining nor do I not like it. Rules are rules, I've got to accept it whether I like it or not. Thanks for the clarifications anyway, it was very clear.sundaymorningstaple wrote:Of course, you can turn down the offer if you don't like the rules here. Nobody is twisting your arm. After all, it is their ball park, their ball and their rules, you want to play ball here, that's the way is is. Your decision, now ours.
I apologize if I gave an impression that the tax was troublesome. I'm sorry. The tax and rates were totally not a big issue, it's definitely something practical and I had always thought so. The original idea was just to clarify the rates. I also thought it would be a relaxing forum where everyone can discuss things without feeling being degraded.BBCWatcher wrote:Enroll in the GIRO monthly installment plan for paying your taxes to IRAS. Then forget about taxes, except for the annual online filing ritual. If you cannot handle that then you probably aren't a foreign talent worthy of an Employment Pass.
OK then, it's a flat 15% unless it isn't. And for most people it isn't.ultimaweapon wrote:The original idea was just to clarify the rates.
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