Understanding Property Tax in Singapore
Property Tax in Singapore is a levy imposed on property owners based on the Annual Value (AV) of their properties. The AV represents the estimated gross annual rent the property could generate if rented out.
Understanding Salaries Tax in Singapore
Salaries Tax is a key element of Singapore’s tax system, applying to income earned by individuals through employment, office, or pensions. The determination of whether income is taxable in Singapore…
Understanding Stamp Duty in Singapore
Singapore imposes Stamp Duty on various transactions to generate government revenue and regulate financial activities. A clear understanding of the types of duties, applicable rates, calculation methods…
Understanding Tax Residency in Singapore
Tax residency plays a crucial role in determining an individual’s or company’s tax obligations within a jurisdiction. In Singapore, tax residency is…
An Overview of Singapore Tax System
Singapore’s well-structured tax framework and business-friendly policies have made it an attractive destination for companies and entrepreneurs…
Understanding Goods and Services Tax
Goods and Services Tax (GST), known as Value Added Tax (VAT) in many other countries, is a consumption tax imposed on goods and services…