With so many types of retirement plans out there, finding the right one for you might be confusing. Use our guide to understand which retirement plan is best for you.
IRAs are some of the best retirement plans for growing your nest egg through compound interest and investment opportunities. An IRA is just one of many retirement account options, and there are several types to choose from. The right choice will depend on you ...
These are the purposes of IRAS' audit programme: ; Identify taxpayers who have made mistakes in their tax returns; ; Create an audit presence in the community to deter non-compliance by other taxpayers; ; Educate taxpayers on their tax obligations and how to comply; and
Computation, $ ; Income, 80,000 ; Business Expenses, 15,000 ; - Deductible Business Expenses, 5,000 ; - Non-Deductible Business Expenses, 10,000 ; Income Subject to Tax ('Taxable Income'), 80,000 - 5,000 = 75,000 (Income minus deductible expenses)
For companies ; Corppass Step-by-Step Guide for Companies (PDF, 4.75MB) ; Corppass Simplified Guide for Companies where the Registered Officer Handles All Digital Services for the Company (PDF, 298KB) ; Guide on How to Log In to myTax Portal (PDF, 990KB)
All references made in this e-Tax Guide are in respect of the IRAS e-Tax guide on Transfer Pricing Guidelines (Fifth Edition). Centralised Activities in Multinational Enterprise Groups 2 3...
Title of e-Tax Guide IRAS e-Tax Guide Transfer Pricing Guidelines (Seventh Edition) Transfer Pricing Guidelines Published by Inland Revenue Authority of Singapore Published on 14 Jun 2024...
An individual retirement account is a tax-advantaged investment account to help you save for retirement. Learn more about the types of IRAs available.
1. Charge & account for GST on standard-rated supplies ; For supplies of goods and services made in Singapore (standard-rated supplies), you need to charge and account for 9% GST. From 1 Jan 2020, GST is charged on Business-to-Business (B2B) supplies of imported services under the Reverse Charge regime and Business-to-Consumer (B2C) supplies on imported digital services under the Overseas Vendor Registration regime. With effect from 1 Jan 2023, GST will be extended to imported low-value goods an...
transmission of the Contents. IRAS shall not be responsible or held accountable in any way for any decision made or action taken by you or any third party in reliance upon the Contents in...