Quote:
Originally Posted by Unregistered
The vast majority of online resources reporting on median income in SG clearly state that the figures are INCLUSIVE of employer CPF contribution. Hence, it is fair to ask if this is the case here too. |
This tool uses YA2022 data published by IRAS. And the data is about "assessable income", which is the income you report to IRAS when you file tax. In other words, it should not include
CPF. It's all gross income.
For example, my case for YA2022 would be:
Gross salary from day job filed by employer in auto-inclusion scheme -- $102,000
Rental income with 15% assumed expense -- $24,480
Total = $126,480