My First Tax Bill?

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.
Post Reply
User avatar
Saint
Director
Director
Posts: 3505
Joined: Thu, 16 Jun 2005 5:19 pm
Location: The Juban Stand, Boat Quay
Contact:

My First Tax Bill?

Post by Saint » Mon, 11 Aug 2008 11:40 pm

I'm beginning to confuse myself and going round in circles trying to work out when I will have to submit my first tax bill and whether I'll be taxed as a resident or a non-resident??

Basic info:-

I'm a PR,
Will commence working in Singapore 08/09/2008
Never worked in Singapore previously

I've been trying to find out from IRAS site.

Now what's confusing me is that for the 2008 year I'd had worked in Singapore for less than 183 days, so will be classed as a non-resident. However it says something about if over a 2 year period is over 183 days will be classed as a resident??

So how does this work out for me :?

Matney
Reporter
Reporter
Posts: 754
Joined: Tue, 22 Feb 2005 10:11 am
Location: Brunei

Post by Matney » Tue, 12 Aug 2008 8:28 am

I realise you're not even here yet, but I found whenever I had a question, I went directly to Revenue House. I was able to ask it directly to a real person, in person and always got an answer. The wait wasn't bad either, less than 15-20 minutes. You can get that on the phone line!

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 40219
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 11
Location: Retired on the Little Red Dot

Post by sundaymorningstaple » Tue, 12 Aug 2008 10:59 am

Saint,

You need to read the first line....... :P

http://www.iras.gov.sg/irasHome/page01.aspx?id=88
Who are Foreigners?

Foreigners refer to individuals who are not Singapore citizens or permanent residents. Foreigners are liable to tax in Singapore on all income accrued in, or derived from Singapore. The extent of your tax liability will depend on your tax residency status.
(welcome to PR land! You will be taxed as a resident) :cool:
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

User avatar
Saint
Director
Director
Posts: 3505
Joined: Thu, 16 Jun 2005 5:19 pm
Location: The Juban Stand, Boat Quay
Contact:

Post by Saint » Tue, 12 Aug 2008 3:23 pm

sundaymorningstaple wrote:Saint,

You need to read the first line....... :P

http://www.iras.gov.sg/irasHome/page01.aspx?id=88
Who are Foreigners?

Foreigners refer to individuals who are not Singapore citizens or permanent residents. Foreigners are liable to tax in Singapore on all income accrued in, or derived from Singapore. The extent of your tax liability will depend on your tax residency status.
(welcome to PR land! You will be taxed as a resident) :cool:
Ah rollicks :oops: I must have read that bit over and over and still missed it :oops:

Ok next silly/embarassing question (which no doubt SMS will furnish me with the obvious link)

How do I register with the IRAS, does my Company automatically do it or do I have personally have to do it?

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 40219
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 11
Location: Retired on the Little Red Dot

Post by sundaymorningstaple » Tue, 12 Aug 2008 9:02 pm

No need. You are already registered. As soon as you got your NRIC number you were automatically done up. It's also your tax number.

You employer will either furnish you with a IR8A after the end of the Calendar year or they may be on the auto-inclusion scheme if they have over 100 employees on the payroll. (will be required come Jan 1 2009 that all companies with 100 or more employees with have to automatically notify IRAS on the salaries paid so when you receive your tax forms your "earned" income may already be on your tax forms when you receive them.

If you have not received or misplaced yours, please call:
Form B1: 1800-356 8300
Form B: 1800-356 8611

:wink:
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

User avatar
Saint
Director
Director
Posts: 3505
Joined: Thu, 16 Jun 2005 5:19 pm
Location: The Juban Stand, Boat Quay
Contact:

Post by Saint » Tue, 12 Aug 2008 9:41 pm

Thank you again Sir, that's another beer Zeenit owes you!

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 40219
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 11
Location: Retired on the Little Red Dot

Post by sundaymorningstaple » Tue, 12 Aug 2008 10:51 pm

All that beer and me being on a diet for 6 months without any, I might need that 50l bin when it get's too much! :oops!: :mrgreen:
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

User avatar
Saint
Director
Director
Posts: 3505
Joined: Thu, 16 Jun 2005 5:19 pm
Location: The Juban Stand, Boat Quay
Contact:

Post by Saint » Wed, 13 Aug 2008 5:41 am

sundaymorningstaple wrote:All that beer and me being on a diet for 6 months without any, I might need that 50l bin when it get's too much! :oops!: :mrgreen:
We'd get you and your bin back home in one piece :cool:

bruinbear
Regular
Regular
Posts: 130
Joined: Sun, 15 Jun 2008 10:19 pm
Location: Singapore

Post by bruinbear » Thu, 14 Aug 2008 8:20 pm

Yeah if you have any tax queries try not to call the IRAS during the peak season. Terribly hard to get through. The peak season would be about end March to April thereabouts... 15th April is the filing deadline for individuals I believe.

Offpeak, should be a breeze to get through the phone-lines or see a real officer in person at their office.

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 43 guests