So I’m an EP holder. I have a blog and was looking to monetise it, and additionally put some ebooks/training courses together to sell.
Is this possible? From what I’ve seen k think as long as I wasn’t selling to anyone in Singapore, and paid taxes on any income to Singapore it should be okay.
Is it?
SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
EP holder with passive income from blog/ebooks
-
- Reporter
- Posts: 533
- Joined: Wed, 05 Feb 2020 7:13 am
Re: EP holder with passive income from blog/ebooks
First of all, earning money from selling training courses is not passive income, it's active, earned income. Passive income is money derived from rents, royalties, dividends, etc.Gyuunyuu wrote: ↑Sat, 21 May 2022 5:01 pmSo I’m an EP holder. I have a blog and was looking to monetise it, and additionally put some ebooks/training courses together to sell.
Is this possible? From what I’ve seen k think as long as I wasn’t selling to anyone in Singapore, and paid taxes on any income to Singapore it should be okay.
Is it?
Your requirements to hold an EP include that you will work for only one company. But, you will also be working for your business, even if it's only a sole proprietorship.
All earned income is taxable in Singapore if you earned it while resident in Singapore. Therefore, any money you earn from training courses must be reported to IRAS.
And of course, there's the rub. You'll be reporting addition income while on EP. That may raise flags.
The real answer, of course, is to contact MoM by email and enquire into your situation. I predict the answer will be that you cannot.
-
- Similar Topics
- Replies
- Views
- Last post
-
-
National Library - Free EBooks on Overdrive app
by PNGMK » Fri, 05 Apr 2019 8:40 am » in Staying, Living in Singapore - 2 Replies
- 7187 Views
-
Last post by Swn4
Thu, 02 May 2019 11:32 pm
-
-
-
Credit card application for DP holder + no SG income
by tiktok » Tue, 16 Jul 2019 7:14 pm » in Credit Card & Banking in Singapore - 4 Replies
- 4364 Views
-
Last post by PNGMK
Wed, 17 Jul 2019 1:08 pm
-
-
-
Can DP holder earn income from abroad in SG account?
by vibhash.joshi » Sun, 01 Aug 2021 12:41 pm » in Careers & Jobs in Singapore - 2 Replies
- 1587 Views
-
Last post by vibhash.joshi
Sun, 01 Aug 2021 3:25 pm
-
-
-
Spouse Income requirement for LTVP
by nan_jee » Wed, 28 Nov 2018 1:23 pm » in PR, Citizenship, Passes & Visas for Foreigners - 8 Replies
- 5576 Views
-
Last post by nan_jee
Thu, 06 Dec 2018 5:17 pm
-
-
-
What visa for spouse if income is low
by Natisu » Wed, 27 Feb 2019 7:38 pm » in PR, Citizenship, Passes & Visas for Foreigners - 1 Replies
- 1829 Views
-
Last post by sundaymorningstaple
Thu, 28 Feb 2019 10:04 am
-
Who is online
Users browsing this forum: No registered users and 3 guests