Singapore Tax Filing Requirements
- You must file income taxes if you receive a notification from the IRAS, regardless of your annual income. If your employer participates in the Auto-Inclusion Scheme for Employment Income, you do not need to list your employment income details in the return because your employer has already provided them.
- If you did not receive a notification from the IRAS but earned more than $22,000 in annual income, you must file an income tax return. However, if you have received notification from the IRAS inviting you to participate in the No-Filing Service program, you do not need to file an income tax return unless you have an additional source of income from your primary employer or you need to modify your relief claims (deductions). Under the No-Filing Service scheme, the government does most of the work for you by using your relief claims from last year and the income details sent by your employer participating in the Auto-Inclusion Scheme for Employment Income to compute your tax liability; all you must do is pay the tax bill sent to you.
- Income received from overseas source on or after January 1, 2004, is generally non-taxable. Exceptions exist if the income was paid to you via a partnership in Singapore, your work overseas is incidental to your employment in Singapore, you are employed by the Singapore government overseas, or you work within Singapore for a foreign company.