Hello all,
I bought a 3 bhk condo (freehold) in Singapore a while ago.
Am planning to establish a Sole Proprietership in Singapore under my Wife's name and get a Home Office license for the unit (under the URA Home office scheme - http://edanet.ura.gov.sg/dcd/homeoffice ... Oindex.jsp ).
Is anyone aware of any property tax implications?
I am currently paying the owner residential status (staying on premises) property tax for my unit.
Even after this I will be staying there along with my wife.
Would I be assesed for property tax under commerical tax status?
I plan to call IRAS on Monday to check as well.
Thanks!
SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
Home office and property tax implications?
- Strong Eagle
- Moderator
- Posts: 11504
- Joined: Sat, 10 Jul 2004 12:13 am
- Location: Off The Red Dot
- Contact:
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Dependent Pass Holder's tax implications
by dphotography885 » Sun, 10 Mar 2019 11:31 pm » in Business in Singapore - 2 Replies
- 2648 Views
-
Last post by dphotography885
Mon, 11 Mar 2019 1:39 am
-
-
-
Tax implications for a new EP who was working overseas for Singapore Employer.
by Menoetius » Sat, 05 Mar 2022 12:50 am » in Careers & Jobs in Singapore - 1 Replies
- 1519 Views
-
Last post by sundaymorningstaple
Sat, 05 Mar 2022 2:47 pm
-
-
-
Foreign property mortgages from OCBC or other Singapore bank (USA property specifically)
by American » Sat, 01 Dec 2018 2:16 pm » in Property Talk, Housing & Rental - 7 Replies
- 4854 Views
-
Last post by PNGMK
Tue, 04 Dec 2018 12:45 pm
-
-
- 1 Replies
- 2685 Views
-
Last post by PNGMK
Wed, 29 Aug 2018 8:45 pm
-
-
Tax resident and double tax for working remotely in Singapore
by Yuk » Tue, 26 Oct 2021 8:51 am » in Business in Singapore - 9 Replies
- 4373 Views
-
Last post by sundaymorningstaple
Tue, 15 Feb 2022 6:39 pm
-
Who is online
Users browsing this forum: No registered users and 6 guests