This is without our accommodation, which will presumably be about S$2000. So, will S$4000 be enough for living expenses (food, leisure, bills, etc.). I am not sure of the tax situation either - can anyone clarify this for me?
Thanks

Carpe Diem wrote:It depends of course a lot on how you are spending... But that sounds OK.
Just visit here http://www.iras.gov.sg/ESVPortal/iit/ii ... iduals.asp
and you can calculate your income tax.
And if I may give you an advice: try to get a salary of (for example) $4,000 + $2,000 of housing allowance.
This is because benefits in kind are much less taxed than basic salary.
You can check at:
http://www.iras.gov.sg/ESVPortal/resources/formir8a.pdf
AND
http://www.iras.gov.sg/ESVPortal/resour ... ynotes.pdf
With these documents you should be able to compute the best solution for your case. But since only a % of benefits in kind are included in your income, you can easily understand which way to go...
Housing allowance
Q1. What is the taxable value if a housing allowance is provided?
Where an employment contract provides that a housing allowance is payable to the employees, the full amount of the allowance will be taxed.
Q2. Where an employee takes up a lease arrangement and arranges for the rent to be paid directly to the landlord via the employer, what is the taxable value?
The arrangement between the employer and employee is a private one and the amount paid by the employer will be treated as a housing allowance and will be taxed in full.
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