Take home (net) salary for an expat on EP

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ssahmed2018
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Take home (net) salary for an expat on EP

Post by ssahmed2018 » Sun, 10 Jun 2018 10:01 pm

Hello all,

I am trying to understand how the SG income tax system works, and wanted to get an idea of "take home" (i.e. net) monthly salary for an Expat on an EP assuming that the Employment Income is SGD 120,000 per annum.

Thanks.


ssahmed2018
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Re: Take home (net) salary for an expat on EP

Post by ssahmed2018 » Mon, 11 Jun 2018 3:19 am


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PNGMK
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Re: Take home (net) salary for an expat on EP

Post by PNGMK » Mon, 11 Jun 2018 10:31 am

ssahmed2018 wrote:Hello all,

I am trying to understand how the SG income tax system works, and wanted to get an idea of "take home" (i.e. net) monthly salary for an Expat on an EP assuming that the Employment Income is SGD 120,000 per annum.

Thanks.
Your take home is 100%. But every year you need to pay a lump sum for the income tax bill. In your case ~10% of your gross income.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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