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Property sales: How IRAS gauges taxability of gains


Singapore does not have a capital gains tax. However, gains from the disposal of property are considered as taxable income in certain circumstances.  IRAS will study the specific facts of such cases and use the widely accepted “Badges of Trade”

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Tripartite Guidelines on Issuance of Itemised Payslips


The Ministry of Manpower (MOM), the National Trades Union Congress (NTUC) and Singapore National Employers Federation (SNEF) have developed a set of Tripartite Guidelines on the issuance of itemised payslips, as a first step towards supporting this progressive workplace practice.

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Time is the teacher of wisdom