
Tax clearance
Tax clearance
Hi,
I've had two jobs on LOC from 2 employers.
1) In 2016 - duration 1 month
2) In 2017 - duration 3 months
After resigning from the first job, IR21 was submitted by employer and the taxable amount was $0. I resigned from the second job, the income is less than $20,000 and the tax assessment is now in process.
According to my understanding I am considered resident tax payer (I'm living here 2nd year), and for income less $20k - the taxable amount will be $0. Does the fact that I've been employed before effect the outcome?
I've had two jobs on LOC from 2 employers.
1) In 2016 - duration 1 month
2) In 2017 - duration 3 months
After resigning from the first job, IR21 was submitted by employer and the taxable amount was $0. I resigned from the second job, the income is less than $20,000 and the tax assessment is now in process.
According to my understanding I am considered resident tax payer (I'm living here 2nd year), and for income less $20k - the taxable amount will be $0. Does the fact that I've been employed before effect the outcome?
- Strong Eagle
- Moderator
- Posts: 11297
- Joined: Sat, 10 Jul 2004
- Location: Off The Red Dot
- Contact:
Re: Tax clearance
bestrogan wrote:Hi,
I've had two jobs on LOC from 2 employers.
1) In 2016 - duration 1 month
2) In 2017 - duration 3 months
After resigning from the first job, IR21 was submitted by employer and the taxable amount was $0. I resigned from the second job, the income is less than $20,000 and the tax assessment is now in process.
According to my understanding I am considered resident tax payer (I'm living here 2nd year), and for income less $20k - the taxable amount will be $0. Does the fact that I've been employed before effect the outcome?
It shouldn't. It looks like two different years of assessments, 2016 and 2017. Had they been in the same year, it would be a different story.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 1
- 634
-
by PNGMK
View the latest post
Wed, 29 Aug 2018 8:45 pm
-
-
Tax Clearance and Other Issues.
by dasty » Sat, 03 Jan 2015 3:23 pm » in Careers & Jobs in Singapore - 1
- 1270
-
by JR8
View the latest post
Sat, 03 Jan 2015 4:56 pm
-
-
- 8
- 2253
-
by sundaymorningstaple
View the latest post
Sat, 13 Jun 2015 12:07 am
-
-
Leaving Singapore prior to tax clearance
by octane100 » Mon, 31 Aug 2015 3:59 pm » in Careers & Jobs in Singapore - 22
- 8265
-
by JR8
View the latest post
Sun, 13 Sep 2015 3:17 am
-
-
-
Leaving Singapore & tax clearance
by ventolin » Sun, 30 Jul 2017 12:54 pm » in Careers & Jobs in Singapore - 3
- 1236
-
by ecureilx
View the latest post
Mon, 31 Jul 2017 12:19 am
-
Return to “Careers & Jobs in Singapore”
Who is online
Users browsing this forum: No registered users and 2 guests