Personal Income Tax On A Foreigner In Singapore
Over and again, we receive this Enquiry from foreign expatriates planning to relocate to Singapore.
Let’s share here to benefit more foreigners planning to come to Singapore for work or business soon…
If your employment in Singapore during the basis period is 60 days or less, then technically you are non-resident for tax purposes and your employment income exempt from tax.
If your employment in Singapore during the basis period is 61 days to 182 days, then you will need to submit the Form M (reporting only the income relevant to the period you were in Singapore) and you will be taxed at the non-resident flat rate of 15% or resident progressive rates, whichever results in higher tax amount.
If your employment in Singapore during the basis period is 183 days or more, then you will need to submit the Form B1 (reporting the full income) and you will be taxed at resident progressive rates.
Hope the above clarifies.
If you need help, feel free to contact us at :
(O) +65 63851011
(M) +65 90880669
