Iras.gov.sg

IRAS Medical and Dental Care

Applying different thresholds for staff of different grades does not affect the tax treatment. The different amounts of reimbursements on the same benefit (e.g. … See more

Actived: 7 days ago

URL: https://www.iras.gov.sg/taxes/individual-income-tax/employers/understanding-the-tax-treatment/medical-and-dental-care

IRAS Tax Treatment of Business Expenses (G-L)

WebInterest Incurred on Loans to Re-finance Prior Loans or Borrowings. Check if specific business expenses (starting with G to L) are deductible, e.g. insurance premium, interest …

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IRAS myTax Portal

WebFind out all you need to know about individual income tax filing and your tax filing obligations. Businesses to transact with IRAS using CorpPass from 1 Sep 2018. With …

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IRAS List of Benefits-in-Kind Granted Administrative Concession …

WebTypes of benefits, Types of benefits. d) Zero or low Medical Certificate Award (cash/ non-cash) e) Award for passing of examination (cash/ non-cash) Comments. The award is …

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IRAS myTax Portal Search GST Registered Business

WebGST Registered Business Search. (ii) up to FOUR entries using only Tax Reference Numbers (i.e. UEN/ GST Reg No./ NRIC). For members of the public to check if a …

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IRAS Exporting of Goods

Web60-day rule for exported goods. When exporting goods, you have up to 60 days from the time of supply to export the goods and collate the required export documents. Failure to …

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IRAS Business expenses and deductions

WebR&R expenditure that qualifies for tax deduction as a business expense is capped at $300,000 for every relevant 3-year period. For sole-proprietorship, the expenditure cap of …

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IRAS Tax Treatment of Business Expenses (M-R)

WebMedical expenses incurred for employees are tax-deductible as long as they are capped at 1% of the total employee remuneration accrued for the year. View Example 1 (PDF, …

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IRAS Insurance Premium

Web3. Nature of insurance policy for which the premium is paid by employer. Group Insurance policy (e.g. group insurance policies covering life, personal accident or critical illness) …

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IRAS Tax reliefs

WebNote: Only a tax resident (including non-Singapore Citizens who are in Singapore for more than 183 days in a year) can claim for tax relief. Please check if you have met the …

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IRAS Central Provident Fund (CPF) Contributions

WebPlease find more details in the Central Provident Fund (CPF) Board's website . The AW Ceiling sets the maximum amount of AW that CPF contributions are payable. The AW …

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IRAS Taxable & Non-Taxable Income

WebTax Treatment of Grants/ Payouts Commonly Received by Companies. Generally, a grant/ payout is taxable if it is given to supplement trading receipts or to defray operating …

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etaxguide GST Guide for the Insurance Industry (Eight Edition) …

WebGST: Guide for the Insurance Industry 3 3.1.6 On the other hand, for a group life policy with medical and personal accident rider issued by an insurance company, only the premiums …

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IRAS Compulsory and voluntary MediSave contributions

Web9%. Maximum Cap for Age Group. $6,588. Amount of MediSave Contribution Payable. $5,850. Lower of $6,588 or (9% x $65,000) For more MediSave contribution rates and …

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IRAS Central Provident Fund (CPF) Relief for employees

WebOrdinary Wages and Additional Wages. You may claim CPF Relief for making employee CPF contributions on wages that have not exceeded the Ordinary Wage ceiling and …

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IRAS Conditions for Claiming Input Tax

WebConditions for claiming input tax. Conditions for claiming input tax. You can claim input tax incurred on your purchases only if all the following conditions are met: 1. You are GST …

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IRAS MediShield Life (MSHL)

WebMediShield Life (MSHL) MediShield Life is a national healthcare insurance scheme that replaced MediShield on 1 November 2015. The scheme provides lifelong protection for …

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IRAS Central Provident Fund (CPF) Cash Top-up Relief

WebCPF cash top-ups that attract matching grants under the Matched Retirement Savings Scheme (MRSS) will not be eligible for CPF Cash Top-up Relief from Year of …

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IRAS Parent Relief/Handicapped Parent Relief

WebGo to “Individuals” > “File Income Tax Return”. Select “Edit My Tax Form”. Go to “4. Deductions, Reliefs and Parenthood Tax Rebate”. Go to “Parent/ Handicapped Parent”. …

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