Tax Filing Season: Tips To Boost Your Savings wonderwall.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wonderwall.sg Daily Mail and Mail on Sunday newspapers.
Despite paying income tax year after year, I draw a blank every time I receive IRAS's annual reminder to file my taxes. This is followed by a minor panic attack as I try to remember my SingPass password. This year, the MoneySmart team has put together a simple step-by-step guide to income tax filing for YA 2023, so you don't...
After the season of love in February comes a season of dread in March — yup, it's tax season. While there's no way to avoid paying personal income taxes, there are ways you can reduce the amount of your precious earnings that you have to cough up. These include tax deductions or reliefs for retirement savings, having kids, taking care...
If you’re working in Singapore, chances are, you probably need to pay tax. Here in Singapore, we follow a progressive personal income tax rate that starts at 0 per cent and maxes out at 22 per cent for employment and self-employment incomes above $320,000. Thankfully, there is no capital gain or inheritance tax. Think that this is all too cheem...
SINGAPORE (The Straits Times/Asia News Network): Around seven in 10 income taxpayers - more than 1.6 million individuals in Singapore - will not be required to file a tax return this year, as more initiatives are rolled out to simplify tax filing.
Singapore News - Around seven in 10 income taxpayers - more than 1.6 million individuals in Singapore - will not be required to file a tax return this year, as more initiatives are rolled out to simplify tax filing. These taxpayers who are eligible for the No-Filing Service (NFS) are... Read more at www.tnp.sg
Singapore Explains Changes To 2021 Tax Filing Rules
Singapore Explains Changes To 2021 Tax Filing Rules
by Mary Swire, Tax-News.com, Hong Kong
03 March 2021
The Inland Revenue Authority of Singapore (IRAS) has said that it will be sending tax bills directly to certain taxpayers this tax filing season and will be simplifying filing arrangements for the self-employed.
IRAS is introducing a Direct Notice of Assessment (D-NOA) initiative for taxpayers on the No-Filing Service (NFS), which will mean that they receive their tax bills directly from May 2021. IRAS said that this is possible as more information is automatically included and tax reliefs can be pre-filled for taxpayers. Taxpayers can still object to the assessment if they wish to make changes to their reported income and relief claims.
Singapore Explains Changes To 2021 Tax Filing Rules tax-news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tax-news.com Daily Mail and Mail on Sunday newspapers.