i have one questions for you guys with EP...when you work in sg, do you still need to pay msia income tax? do we still need to declare anything?
Working Life in Singapore, Please Share your value Experience
|
|
 Dec 7 2007, 01:41 PM
Return to original view | Post
#1
|
 
Senior Member
1,309 posts Joined: Dec 2004 From: The Lion City  
|
|
Quote|
|
Dec 7 2007, 10:03 PM
Return to original view | Post
#2
|
|
Senior Member
1,309 posts Joined: Dec 2004 From: The Lion City
|
QUOTE(shawnlst @ Dec 7 2007, 06:54 PM) Yes and no. ohh...superb answers...thanks alot...now i don't have to worry about remitting money back to msia...but, do we still need to declare?Yes, if you derived any other income from Msia i.e. Msia business income, dividend income, rental income, interest income and etc. No, for your employment income as it is deemed foreign source income. Even if you brought/remitted back to Msia, it would be exempt from tax under Para 28, Schedule 6 of ITA 1967. Hope this clears your Q.  |
|
|
Dec 10 2007, 09:41 AM
Return to original view | Post
#3
|
|
Senior Member
1,309 posts Joined: Dec 2004 From: The Lion City
|
QUOTE(shawnlst @ Dec 7 2007, 10:28 PM) By right you have to declare all income received in Msia whether or not it is derived from Msia. But I have never bothered to declare as I don't have any income from Msia in the first place! thanks for the prompt reply...for the singapore side, i will only need to declare to the IRAS and not paying taxes since i'm not a PR yet...or i still have to pay taxes no matter i'm PR or not?Remember that you have to declare your Singapore income to IRAS (Singapore tax authority) if you annual income is >S$20,000 (or S$22,000?...can't remember). QUOTE(cktwai @ Dec 8 2007, 12:14 AM) nope don't need to pay msia tax... thanks for the replyanother questions for those of you who's working in sg and had to send money back to malaysia constantly...how do you do it in the cheapest manner? i know about TT but it's going to cost me since i'll be remitting money back often...anyone who's doing this, mind sharing your secrets? |
|
Topic ClosedOptions
|
| Change to: |  0.0455sec
 0.38
 7 queries
 GZIP Disabled
Time is now: 27th November 2025 - 01:24 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.