Expat tax is 15%?

[Guest]

hi, just wanting confirmation that generally expat tax rate is 15%, after 180 odd days?
thanks

[Yutenji]

... expat tax rate is 15%, after 180 odd days?

Hi, yes. It's misleading to call it 'expat' since the same circumstances could apply to anyone, but you're right that generally expats would be the most likely to be in this situation.
Cheers
P.S. It doesn't have to be 'odd' days. Normal days count too!

[aalto]

hi, thanks for that. Glad to hear they are not all "odd" days in Singapore

[VMX5]

From what i understand from the IRAS website, taxable income is based on the following:

60 days or less
Non-Resident
Short-term employment income is exempt from tax. This rule does not apply if you are a director, public entertainer or exercising a profession in Singapore.

More than 60 days but less than 183 days
Non-Resident
Employment income is taxed at 15% or resident rates, whichever gives rise to higher tax.

183 days or more
Resident
All income is taxed from 0% to 22% from the Year of Assessment 2003.


2. Resident Individual

You will be regarded as a tax resident if

You have been in Singapore for at least 183 days in a calendar year;
You have been physically present or working in Singapore for 3 consecutive years even though the number of days you are in Singapore is less than 183 days in the first and third year. See example below.

So should foreigners not pay 0-22% tax instead of a across the board 15%?
Please correct me if im wrong

[Guest]

From what i understand from the IRAS website, taxable income is based on the following:

60 days or less
Non-Resident
Short-term employment income is exempt from tax. This rule does not apply if you are a director, public entertainer or exercising a profession in Singapore.


Is it not true that 35% is deducted by the employer for short term contractual work like DJ ect

[Guest]

60 days or less
Non-Resident
Short-term employment income is exempt from tax. This rule does not apply if you are a director, public entertainer or exercising a profession in Singapore.


So if you just start a job you wont be taxes after 2 months unless you are director. Is this correct?

[Strong Eagle]

There is no "expat rate" per se. Basically, if you are working permanently in Singapore for 183 days or more, you are treated the same as every other working stiff in Singapore and you pay the same tax rates.

The rate is graduated as follows:

Income Rate
Up to 20K 0
Up to 30K 4
Up to 40K 6
Up to 80K 9
Up to 160K 15
Up to 320K 19
Over 320K 22

Details at:

http://www.iras.gov.sg/ESVPortal/iit/ii ... iduals.asp

EP's do not have to pay CPF although they can.

[jpatokal]

EP's do not have to pay CPF although they can.

As of Jan 1 2003 this is no longer true. Reference:
http://www.cpf.gov.sg/cpf_info/news/pre ... 002.asp#vc

[Strong Eagle]

Very interesting. Thanks.

[Tax]

Say if someone starts working in Singapore in Septermber in a permanent job, will they be taxed at 15% flat for the September - December period and then resident tax rates from the next year on ?

[sundaymorningstaple]

Say if someone starts working in Singapore in Septermber in a permanent job, will they be taxed at 15% flat for the September - December period and then resident tax rates from the next year on ?

More than 60 days but less than 183 days
Non-Resident
Employment income is taxed at 15% or resident rates, whichever gives rise to higher tax.

Based on the Calendar Year