Hi ,
I will be in singapore as a part of my new job. Initially job duration is for 8 months. Most likely would start from Aug.
The question i have is how is the tax being calcluated. I read that if the expat is there for less tahn 183 days in a calendar year there is a flat 15% tax. If so will i be paying 15% tax for this calendar year as well as for next calendar year even though i will fall under less tax bracket.
Because from AUg to Dec is juts 5 months in I calendar year and from Jan to Mar another 3 months in II calendar year.
can somebody please advice.
Regards
Sun