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18-09-2007, 12:07 PM
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402
Dear Admin,
Thank you very much for your kind reply.
Regards
KK
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26-09-2007, 05:49 PM
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419
hi
guys, got a quesion i got job offer of 90000 per year . But I saw all the exap sites accomodaiton is very expensive. is tht sufficeint salary as i am looking to save heaps as well.
thanks
sam
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26-09-2007, 10:42 PM
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420
sam, if you rent a room (as opposed to an apartment), I'm pretty sure you can save heaps.
But if you insist on having a whole apartment to yourself, you have to consider areas further from the city area. $2-3k in rental shouldn't be hard to come by.
Good luck.
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12-10-2007, 10:00 PM
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461
Guys ,
what is the rental for a normal one bed room aspartment . If i had to work in the city , how difficult it is to commuyte to city from outskirts and how much tranporation charges wud come to ?
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15-10-2007, 07:31 PM
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476
avrage cost of one room ( 2 ppl can stay) S$400 to 500
cost to commute about s$ 50 to S$ 70
commutation is too good in singapore you can travel whole country in about 1.5 hrs during any time of day.. buses are trains are best and have good freqency, wait time not excess of 7 min anywhere any location.. only problem with outskirts- you will endup travelling Half an hour extra each trip - every day..
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18-10-2007, 08:59 AM
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482
Hello Admin:
Im being offered by a Singaporean company of S$ 1800/mos (gross) as a management trainee.I'm not originally from Singapore, however according to my contract, I'll be staying with the company for 2 years..hence I'll be tax as a resident individual.
My questions are:
1. Is my salary competetive given my position?? 2. (Pls) Help me compute my net montly income given my monthly salary?
3. Is the deduction of tax on income per month or per annum basis?
Thank you very much.. I badly need your help regarding this "tax" matter!
xoxo,
Kooki
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25-10-2007, 02:03 AM
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493
Kooki, I can't comment on whether your salary is competitive, but your tax payable - which is $56 payable per year assuming no reliefs and no rebates - is very low.
Your employer do not deduct tax from your monthly income, unlike in some parts of the world. Instead, you pay tax directly to Iras, either in one lump sum once a year, or by GIRO on a monthly basis.
Disclaimer: my comments provided "as is". It's always best to confirm with Iras or a professional tax consultant.
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19-11-2007, 12:46 AM
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572
Rainer, I believe certain benefits given by employers are taxable.
From what I know, both allowances you mentioned are taxable (for housing, there's a formula, so it's not the full value that's subject to tax). See:
http://www.iras.gov.sg/irasHome/page03.aspx?id=1758#employee
http://www.iras.gov.sg/irasHome/page03.aspx?id=1812
As always, you must check with your employer or the HR department to be absolutely sure.
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03-12-2007, 07:38 AM
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619
I am a foreign consultant who is incorporated in Singapore. I will be here more than 183 days in 2007, but I heard as a director and sole employee of my company I have to pay more taxes. Can someone please advise on how much I have to pay on a salary of $75000.
Thanks,
Omar
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