As the links above sayssierra2469alpha wrote:Well I don't avoid tax nor should anyone else IMHO. Would you suggest calling IRAS and explaining the situation and seeking their advice?
Cheers
Exactly, and I have no doubt many are misled by their equally clueless agents into thinking they are doing something very clever indeed.Saint wrote:I'm guessing the LL doesn't realise that the loophole has been closed. I would personally get the TA changed so only reflects a single rental amount
We are currently dealing with a landlord who is apportioning the monthly rental payments into 60% rental and 40% management fee. The 40% management fee is in excess of S$4k and prima facie doesnt feel right. Any thoughts/experience on what may be driving this apportionment?teck21 wrote:Exactly, and I have no doubt many are misled by their equally clueless agents into thinking they are doing something very clever indeed.Saint wrote:I'm guessing the LL doesn't realise that the loophole has been closed. I would personally get the TA changed so only reflects a single rental amount
Any change is going to take forever. This country talks alot about change, they talk for years and do nothing, and suddenly, they do it all at once.
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