is it trur that foreigner will get taxed 20% of monthly pay?
Working in Singapore v7
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 Aug 2 2011, 10:31 PM
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#1
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4,554 posts Joined: Feb 2010 
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Aug 2 2011, 10:44 PM
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#2
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QUOTE(tailtwist @ Aug 2 2011, 10:35 PM) i got it from some hearsay..  for foreigner?.."Foreigner who stayed/worked in Singapore for 183 days or more in previous year " this means tat anyone working for more than a year will be entitled to the tax rate of "Tax resident"?..am i interperting the thing corerctly?.. |
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Aug 2 2011, 11:12 PM
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#3
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QUOTE(tailtwist @ Aug 2 2011, 11:02 PM) yes.......the other criteria would be your income in that particular year doesnt hit around SG20k-21k, then you're not required to pay tax....to be precise its not working for more than a year.....its stayed/worked in Singapore for 183 days in a 365 days of a calendar year....else its a flat 15% tax rate oic..ok..so looks like that 20% tax for foreigner is all BS.. Added on August 2, 2011, 11:04 pm here in singapore...alot of rules & regulations are stated in Black & White....not like in MY....where there's lotsa loopholes everywhere   so if i work there for 1 year (more than 183 days la), then the rate would be according to the table la?..the rate on tat table doesn't look all that scary..  and thanks a lot tailtwist for that table!!  |
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