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Income Details

Employment Income

Employment Income: Enter your gross employment income for the assessment year (including any bonuses, fixed allowances and any benefits in kind). DO NOT deduct CPF paid when you key in this figure.

Less: Employment Expenses

Employment Expense: Enter your allowable employment expenses.

NET EMPLOYMENT INCOME

Net Employment Income: Calculated as Employment Income - Employment Expense.

$ 0
Trade, Business, Profession or Vocation

Trade Income: Enter your income from trade, business, profession or vocation in the assessment year.

Dividends

Dividends: Enter your dividends received in the assessment year.

Interest

Interest: Enter your interest income received in the assessment year if it is NOT from deposits with approved banks or licensed finance companies in Singapore.

Rental Income from Property

Rent from Property: Enter your net rent from property in the assessment year.

Royalty, Charge, Estate/Trust Income

Royalty: Enter your royalty, charge or estate/trust income received in the assessment year.

Gains or Profits of an Income nature

Gains or Profits: Enter your gains or profits of an income nature received in the assessment year. These include any income which does not fall within any of the other classifications of income stated above.

Less: Approved Donations

Approved Donations: Enter the amount donated (2.5 times) to approved Institution of Public Character (IPC) in the assessment year. For example, if your donate $100 to an approved IPC, you will be given a $250 deduction.

ASSESSABLE INCOME

Assessable Income: Calculated as Net Employment Income + Other Income - Approved Donations.

$ 0

Less: Personal Reliefs

Earned Income Relief

Earned Income Relief: Enter the lower of your earned income or the following values: -$1,000 (if you are below 55) -$6,000 (55 to 59) -$8,000(60 and above)

For handicapped persons, the maximum earned income relief will be: -$4,000 (if you are below 55) -$10,000 (55 to 59) -$12,000 (60 and above)

Spouse/Handicapped Spouse Relief

Spouse/Handicapped Spouse Relief: Enter $2,000 for spouse relief or $5,500 for handicapped spouse relief. You are only eligible for spouse relief if the income of your spouse in the assessment year is not more than $4,000.

If you are divorced or legally separated and you paid alimony/maintenance to your ex-wife or handicapped ex-wife in the assessment year, you will be eligible to claim the amount of alimony/maintenance paid, subject to a maximum of $2,000 or $3,500 respectively.

Qualifying/Handicapped Child Relief

Qualifying child relief (QCR): Enter $4,000 per child.

Handicapped child relief (HCR): Enter $7,500 per handicapped child.

Working Mother's Child Relief

Working Mother's Child Relief (WMCR): Enter the following amount: 1st child - 15% of mother's earned income 2nd child - 20% of mother's earned income 3rd and each subsequent child - 25% of mother's earned income

Cumulative WMCR percentages are capped at 100% of mother's earned income.

Note: The sum of all child reliefs claimable is subject to a cap of $50,000 for each child.

Parent/Handicapped Parent Relief

Parent/Handicapped Parent Relief: You can claim parent relief or handicapped parent relief for up to 2 dependants. The amount of relief for each dependant is as follows:

Staying with you: Parent relief $9,000 Handicapped parent relief $14,000

NOT staying with you: Parent relief $5,500 Handicapped parent relief $10,000

Grandparent Caregiver Relief

Grandparent Caregiver Relief: Enter $3,000 if you are entitled to this relief. Click "Grandparent caregiver relief" for details on qualifying conditions.

Handicapped Sibling Relief

Handicapped Sibling Relief: Enter up to $5,500 for each of your or your spouse's brothers or sisters who are handicapped and whom you maintained.

CPF/Provident Fund Relief

CPF/Provident Fund Relief: Enter the amount of allowable CPF contribution. CPF capping rules apply. Note: Maximum range is $17,000.

Life Insurance Relief

Life Insurance Relief: You are eligible to claim life insurance relief up to a maximum of $5,000 if you have zero CPF contribution. Otherwise, you may claim the difference between the cap of $5,000 and your CPF contribution.

For example:
CPF contribution: $3,000 Allowable life insurance relief: $5,000 - $3,000 = $2,000

Course Fees Relief

Course Fees Relief: Enter the mount of course fee incurred up to a maximum of $5,500 in a year if you meet the qualifying conditions.

Foreign Maid Levy Relief

Foreign Maid Levy Relief: Enter twice the total foreign domestic worker levy paid paid in the assessment year, subject to the following cap amount: Maximum Relief: Concessionary FML ($170 per month) $3,080 Without concessionary FML($265 per month) $6,360

CPF Cash Top-Up Relief

CPF Cash Top-Up Relief: Maximum Relief Your own minimum sum $7,000 Immediate family members (grandparents/parents, spouse or siblings) top-ups $7,000

Supplementary Retirement Scheme Relief

Supplementary Retirement Scheme Relief: Enter the amount you / your emplyer have contributed in the assessment year, subject to a cap of $12,750 for a Singaporean / Singapore Permanent Resident and $29,750 for a foreigner.

NSman Relief

NSman Relief: For NSman (self) relief: Category of NSman - Non-KAH No in-camp training in assessment year $1,500 Attended in-camp training in assessment year $3,000

Category of NSman - KAH: No in-camp training in assessment year $3,500 Attended in-camp training in assessment year $5,000

Enter $750 if your son(s)/your husband are NSmen.

CHARGEABLE INCOME
$ 0

Tax Payable

Your Tax Payable is $0
Tax Payable on Chargeable Income
$ 0
NET TAX PAYABLE
$ 0