Questions on new EP criteria

[belladonna]

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?

[sundaymorningstaple]

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.

http://forum.singaporeexpats.com/ftopic81491.html

[belladonna]

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.

http://forum.singaporeexpats.com/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.

[sundaymorningstaple]

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]

*Crossing my fingers for luck*

Thanks!

[mitlan]

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

[Mad Scientist]

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 ?

[mitlan]

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?

[JR8]

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?

[sundaymorningstaple]

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.