Posts Tagged ‘tax’

Free Singapore Tax Calculator

Monday, July 6th, 2009

Ever wondered how to calculate your taxes? If you knew how much you had to pay, you could start setting aside some money with each paycheck, so that you won’t get a shock when your ‘contribution to nation-building‘ is due.

IRAS has a free excel calculator, where you can download and input your pay and other details, and it’ll cough up how much taxes you have to pay.

Do note that their donation notes are not up-to-date. Tax relief for donations made to an approved charity organization is 2.5 times amount, and not 2.