by admin | Feb 17, 2021 | Employment, Income Tax, Tech News
On or about 16 Feb 2021, Deputy Prime Minister and Minister for Finance, Mr. Heng Swee Keat has in his Budget Statement for the Financial Year 2021 make the following tax changes announcement, The full Budget Speech package is available at the Singapore Budget...
by admin | Jan 2, 2020 | Employment, Income Tax, Tech News
Around 930,000 Singaporean households living in Housing Board flats will receive a GST (goods and services tax) Voucher to offset part of their utility bills this month. On or about 2 January 2020, the Ministry of Finance (MOF) stated that the households will receive...
by admin | Dec 11, 2019 | Employment, Income Tax, Tech News
Employers who are eligible for the Scheme can look forward to the seventh tranche of Wage Credit Scheme (WCS) payouts in March 2020 — a scheme which seeks to support businesses embarking on transformation efforts and encourage sharing of productivity gains with...
by admin | Aug 6, 2019 | Employment, Income Tax, Tech News
On or about 6 August 2019, the Inland Revenue Authority of Singapore (IRAS) has assessed that the administrative concession which allows Singaporeans to opt to be assessed as non-residents for tax purposes is no longer relevant in furthering its objective of removing...
by admin | Apr 1, 2019 | Employment, Tech News
Core provisions will be extended to cover all managers and executives The monthly basic salary threshold of $4,500 for managers and executives will be removed. All employees, whether managers and executives, workmen and non-workmen, will be covered by the core...
by admin | Mar 7, 2019 | Employment, Tech News
The Tripartite Alliance for Dispute Management (TADM) provides employees and employers with services to resolve salary-related claims and employment disputes. TADM provides advisory and mediation services, including mediation before claims can be heard at the...