Singapore Expats Forum

Questions on new EP criteria

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

belladonna
Member
Member
Posts: 47
Joined: Mon, 15 Mar 2010
Location: Singapore

Questions on new EP criteria

Postby belladonna » Wed, 07 Dec 2011 8:49 pm

Hi folks,

Just thought I'd put some feelers out to know more about the new EP criteria that will take effect in January 2012. My Q1 pass will be up for renewal again in March, so it's just making me a tad jittery based on past experience. While I understand that EP renewals made between January and June will be given one-time renewal of up to one year... I wonder if MOM will consider extensions on a case-by-case basis? I signed a 2 year contract in October '11, you see.

In the event that I am no longer considered a "young graduate" at age 28, what are the chances I would be granted a downgrade from a Q1 to an SPass if need be?

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 34788
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Wed, 07 Dec 2011 9:43 pm

This is a sticky at the top of the sub-forum for employment passes. And people wonder we we get aggravated about the "new" foreign talent. I use the term talent loosely.

ftopic81491.html

belladonna
Member
Member
Posts: 47
Joined: Mon, 15 Mar 2010
Location: Singapore

Postby belladonna » Wed, 07 Dec 2011 9:49 pm

sundaymorningstaple wrote:This is a sticky at the top of the sub-forum for employment passes. And people wonder we we get aggravated about the "new" foreign talent. I use the term talent loosely.

ftopic81491.html


Ouch. I'm sorry I asked, then. I DID read through the sticky, just thought I would see if I could get more opinons on the boards, especially on my more specific query about possible downgrades from Q1 to SPass.

:oops:

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 34788
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Wed, 07 Dec 2011 10:09 pm

Yes there will be downgrades. Some of the downgrades will mean the possibility of dependents losing their passes on a case by case basis. We don't know how strict it will be implemented, but come renewal time any pass renewed after the 1st of January will be subject to the new qualifications.

Obviously, opinions are like buttholes, everybody has one, they are all different and most stink. As it isn't even January yet, there is now way of telling how strict the implementation is going to be, but if the trend follows the time since the GE back in May, it's going to be pretty rough.

belladonna
Member
Member
Posts: 47
Joined: Mon, 15 Mar 2010
Location: Singapore

Postby belladonna » Wed, 07 Dec 2011 10:11 pm

*Crossing my fingers for luck*

Thanks!

mitlan
Regular
Regular
Posts: 63
Joined: Sun, 09 Apr 2006
Contact:

Postby mitlan » Fri, 16 Dec 2011 12:32 am

just a question... for ep holders, the employers do not need to pay levy... do the employee have to pay anything? like tax?
Time has emerged as today's key commodity. People can now buy back time with EcoVerve!

User avatar
Mad Scientist
Director
Director
Posts: 3457
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Fri, 16 Dec 2011 3:46 am

mitlan wrote:just a question... for ep holders, the employers do not need to pay levy... do the employee have to pay anything? like tax?


If you work and you are being paid for the work you have done of course you have income tax

Not of course you work for free or undeclared income or something dodgy under the radar shitty thing

What kind of silly question is that ?
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

mitlan
Regular
Regular
Posts: 63
Joined: Sun, 09 Apr 2006
Contact:

Postby mitlan » Sun, 18 Dec 2011 1:26 am

i am asking because for s pass, workers do not need to pay income tax. so i just wanted to make sure ep holders are required to pay income tax with rates same as singaporeans?
Time has emerged as today's key commodity. People can now buy back time with EcoVerve!

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Postby JR8 » Sun, 18 Dec 2011 2:42 am

mitlan wrote:i am asking because for s pass, workers do not need to pay income tax. so i just wanted to make sure ep holders are required to pay income tax with rates same as singaporeans?



Have you thought of looking at the IRAS website?

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 34788
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Sun, 18 Dec 2011 12:12 pm

mitlan wrote:i am asking because for s pass, workers do not need to pay income tax. so i just wanted to make sure ep holders are required to pay income tax with rates same as singaporeans?


FAIL!

S Pass holders DO have to pay income taxes IF THEIR INCOMES EXCEED 20K PER YEAR. A lot of S pass holders DO, in fact, make a LOT more than 1800/month. In fact, under the new rules, with a minimum required income per month, it is guaranteed that S passholders WILL have to pay income taxes as their annual income will be 24K/year. Even those WP's who are being paid like S pass holders and having to illegally remit the difference back to the employer/agent in some manner will have to pay taxes.

In fact, I know lots of S pass holders who make over 4K/month. You have been BS'd by someone.


  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 2 guests