Should You Register Your Business For Goods And Services Tax?

A Discussion On Whether It Is Benefifical For Business With Below S$1 Million Turnover To Voluntarily Register For GST. About Goods and Services Tax (GST) In Singapore Goods and Services Tax (commonly known as Value-Added Tax in other countries) is…

Personal Income Tax Rate Table For Year Of Assessment 2013

For Tax Residents Chargeable Income Tax Rate Gross Tax Payable (S$) First $20,000Next $10,000 0%2% 0200 First $30,000Next $10,000 –3.5% 200350 First $40,000Next $40,000 –7% 5502,800 First $80,000Next $40,000 –11.5% 3,3504,600 First $120,000Next $40,000 –15% 7,9506,000 First $160,000Next $40,000 –17%…