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Need an Advice regarding New Job in SIngapore

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.

sunilgct
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Need an Advice regarding New Job in SIngapore

Postby sunilgct » Wed, 09 Jun 2010 5:28 am

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

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Postby Mad Scientist » Wed, 09 Jun 2010 6:00 am

The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!


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