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Singapore Tax

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

pavan
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Singapore Tax

Postby pavan » Thu, 14 Apr 2011 5:41 pm

:-)
Last edited by pavan on Fri, 15 Apr 2011 9:51 pm, edited 1 time in total.

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Strong Eagle
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Postby Strong Eagle » Thu, 14 Apr 2011 5:45 pm

How would you not know about the status of your income tax. You either paid it or you didn't. Which was it?

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BillyB
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Postby BillyB » Thu, 14 Apr 2011 6:01 pm

If you left your company and the Country, your last employer should have flied tax clearance for you and deducted it out of your final salary payment - in fact by law they have to do this. You hand notice in, they file forms to IRAS. IRAS tell them what you owe (if anything) and then your employer deducts out of final salary and the claim is filed and closed off.

Then you don't have to worry about re-entering, because you left doing the right thing!!

Call IRAS to check.

If you try to re-enter owing tax or having pulled a fast one, better bring some KY Jelly as you'll be locked up as soon as you set foot off the plane!! :wink:

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sundaymorningstaple
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Postby sundaymorningstaple » Thu, 14 Apr 2011 6:19 pm

Had you been here longer than 183 days, you would have had no taxe liability at all. If you were here for only ~120 days, then your taxes would have been in the neighbourhood of 2K at the flat rate of 15%

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Postby pavan » Thu, 14 Apr 2011 10:37 pm

:-(
Last edited by pavan on Fri, 15 Apr 2011 9:50 pm, edited 1 time in total.

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sundaymorningstaple
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Postby sundaymorningstaple » Thu, 14 Apr 2011 11:03 pm

Pay the tax.

Then once you have the new job (as long as you stay here in Singapore and not go home) as soon as you have been here for more than 183 days stretching across both years, you only need file an amended tax return and they will remit back to you the difference in taxes between the graduated resident rates and the 15% flat rate. This happens quite often and it's a bit of a pain but the IRAS has to cover their butts too.

Additionally, if you don't, you will get picked up when you try to clear immigration if the IR-21 (tax clearance) has already been filed (which it sounds like it has if they have a letter from IRAS) and the taxes have not been settled. You sure don't want to get picked up for income tax evasion.

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Postby revhappy » Thu, 14 Apr 2011 11:14 pm

I think you have just shot yourself in your foot. When you say "It was not a proper exit" I can imagine you must have just caught the next flight and got out of SG, because if you had informed your employer then you wouldn't have been allowed to get out of SG, without tax clearance.

But I am a novice in these matters so I will let the experts comment on what will actually happen in your case. But my guess is your employer has been made liable for your taxes and has paid it on your behalf and you would already be flagged in the authorities databases and I really doubt whether you will get your EP approved.

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Postby sundaymorningstaple » Thu, 14 Apr 2011 11:22 pm

revhappy wrote:I think you have just shot yourself in your foot. When you say "It was not a proper exit" I can imagine you must have just caught the next flight and got out of SG, because if you had informed your employer then you wouldn't have been allowed to get out of SG, without tax clearance.

But I am a novice to in such matters so I will let the experts comment on what will actually happen in your case. But my guess is your employer has been made liable for your taxes and has paid it on your behalf and you would already be flagged in the authorities databases and I really doubt whether you will get your EP approved.


Not Bad! :)

But not this time, though it would have made very logical sense. He's posting from a StarHub ISP so he's still here in Singapore. Looks like he's after the other job as stated. He needs to bite the bullet and pay the taxes my way. :wink:

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Postby pavan » Fri, 15 Apr 2011 3:29 am

:-)
Last edited by pavan on Fri, 15 Apr 2011 9:49 pm, edited 2 times in total.

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Postby Mad Scientist » Fri, 15 Apr 2011 5:29 am

Methinks, it is best you stay and get your new EP first before going back to India. Put your foot in the door first . KIV India trips as you need to feed yourself after all.
For your employer, if you did nothing wrong other than the tax thingey and you are prepared to pay it off, IRAS is more than helpful to sort it out with you. Come clean and it will go along way.
Only then you can decide what to do with your previous employer. We can suggest a number of ways but that will be the second part of your drama in action as we need your input in order to go forward.
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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Postby revhappy » Fri, 15 Apr 2011 10:40 am

If your EP is not cancelled yet, that means you are still employed with them. You had to file your income tax for FY 10 (i.e. if you have worked in SG in 2010) before April 15th I guess. Not sure of the date. You can look it up.

For the current year, I am not sure whether you need to file income tax and pay it the moment you change jobs. So as of now you are still fine and havent done anything wrong. Your first post appeared as if you have evaded tax and are worried about how you can come into SG. :x

So if you ready to pay the income tax and your EP is not cancelled yet then dont even bring the income tax thing into the equation. Just worry about getting the EP from your new employer and then an amicable exit with your current employer.

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ecureilx
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Re: Singapore Tax

Postby ecureilx » Fri, 15 Apr 2011 10:51 am

pavan wrote:Hi,

I worked in Singapore for a very less salary of 3500 for 4 months and it was tough to survive and came back to india and dont know the status of the Income tax, now i got another job in singapore with 5K, Kindly advice whether it would be a problem to enter singapore now?

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Babu


Pray, can you enlighten me : How did you find it tough to survive in such a decent salary ?? You were not like - on the S Pass - so - I am finding it not funny when you say it is tough !

If you said you didn't have much to save, I would agree .. but tough to survice ?? :( :-? :-? :-?

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Re: Singapore Tax

Postby revhappy » Fri, 15 Apr 2011 11:59 am

ecureilx wrote:
pavan wrote:Hi,

I worked in Singapore for a very less salary of 3500 for 4 months and it was tough to survive and came back to india and dont know the status of the Income tax, now i got another job in singapore with 5K, Kindly advice whether it would be a problem to enter singapore now?

Regards
Babu


Pray, can you enlighten me : How did you find it tough to survive in such a decent salary ?? You were not like - on the S Pass - so - I am finding it not funny when you say it is tough !

If you said you didn't have much to save, I would agree .. but tough to survice ?? :( :-? :-? :-?


He is an Indian. Indians first set aside what they want to save then use what is left over for expenses. He would have set aside 3k for savings and obviously he couldn't survive on the remaining 500$ :lol:

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ecureilx
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Re: Singapore Tax

Postby ecureilx » Fri, 15 Apr 2011 1:31 pm

revhappy wrote:He is an Indian. Indians first set aside what they want to save then use what is left over for expenses. He would have set aside 3k for savings and obviously he couldn't survive on the remaining 500$ :lol:


And they forget that locals make do with much less .. ah .. well .. :D :D


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