The Singapore personal income tax year is Jan 1 to Dec 31. You will be taxed on all the money you earn in 2009 and assessed by April 15, 2010, with payment due June 1, 2010.markgor wrote:I am in a similar position that I also have the In-principal Approval Letter
for a EP.
I plan to arrive in Singapore on 16th August to look for an apartment to rent and start work on 1st September.
My question is that when do I start getting taxed? as I want to receive
my pay for the working month of September and start getting taxed for only that period.
In theory, yes... in reality, no. No landlord wants to run afoul of the law and they will want to see your passport and green EP card. You will go blue in the fact trying to explain that the letter has your FIN number and all that, to no avail. But it is a quick and painless process to get that green card. Go to MOM early with all required documents. Drop them off, and you usually can pick up your stamped passport and green card about 2 hours later or after lunch.Also would an In-principal Letter be sufficent to start renting?
I don't get what you are saying. Taxes are not based on dates. The tax year in Singapore is a calendar year. Any money you make at anytime in 2009 will be taxed in 2009. You are taxed on the income you earn regardless of the date you earned it in 2009.markgor wrote:So if I receive my EP card in August before 1st September (day I start work) for me to rent, will I be taxed from the day I start work (1st September) or day I receive my EP card?
Strong Eagle wrote:Are you saying you have to leave your passport at MOM for 4 days?merichan wrote:About the card... It's been taking us 4 working days to get it... it seems that the system changed on the 1st of July
Quite bizarre. I've not been down there in a while. Hope others will post MOM experiences on collecting EP's and other passes as well.merichan wrote:Strong Eagle wrote:Are you saying you have to leave your passport at MOM for 4 days?merichan wrote:About the card... It's been taking us 4 working days to get it... it seems that the system changed on the 1st of July
No they checked the documents gave us back our passport without stamps and a date ( 4 working days later) to come back with the passport to collect the card
Many thanks. Doing away with the plastic laminated card and going to something closer to an NRIC card.merichan wrote:@Strong Eagle
http://www.mom.gov.sg/publish/momportal ... -EPSC.html
Here is the details from MOM about the new procedure
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