Chargeable and Non Chargeable Income in Singapore: Tax Facts

By |2019-10-17T20:49:07+08:00October 14th, 2019|ECI|

Individuals (employees or sole proprietors) and companies are required to file annual income tax returns to the Inland Revenue Authority of Singapore (IRAS). A common phrase used by tax professionals is chargeable income. Chargeable income is defined as total taxable income less deductible expenses. The final tax percentage will then [...]