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 Working in Singapore V15

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vaiofxpro
post Jan 4 2014, 07:18 PM

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Hi all,
Newbie here...
I would like to know about the income tax / any other deductions in salary.
Lets say my monthly salary 3k, what will be deducted from it?
Or is the tax only payable one lump sum to IRAS before end of April?

vaiofxpro
post Jan 4 2014, 08:48 PM

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QUOTE(Mackiddo @ Jan 4 2014, 07:49 PM)
you can choose to pay 1 lump sump or via giro interest free instalment at the end of the assessment year.
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Do I have something like SOCSO deduction?
vaiofxpro
post Jan 6 2014, 11:06 PM

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QUOTE(iSmartPower @ Jan 6 2014, 01:49 PM)
Normally singapore salary is deduct for CPF contribution which eligible for PR and citizen. Other than that, maybe some company got offer charity donation which allow you to make do income tax relief. This donation will be automatic deduct from your salary after you had agree with it during the offer letter signing.

Mid of April is the due date for IRAS filling. You doesn't need to pay at that time. Just wait until the notice of assessment mail it to you. You can opt for full payment or GIRO it monthly.

Anyway, this is what i know from my current and past working company.
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QUOTE(Mackiddo @ Jan 6 2014, 05:28 PM)
those are voluntary donations which must have your consent. I think what he's asking is compulsary deductions.
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Hi both,
Good to know there is an voluntary charity donation, so that won't be surprised...
Thanks for the info.

I am still looking for a job currently.
vaiofxpro
post Jan 7 2014, 11:34 AM

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QUOTE(iSmartPower @ Jan 6 2014, 11:12 PM)
What role and industry you are looking for?
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Process or product engineering in semiconductor industry..any good company to recommend?

Anyway, I am also looking at other industries if the job responsibility and my skills are matching...

Hoping for interview call soon.




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