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Found 8 results

  1. A lady and her 7-year-old son are eating in a restaurant. In a moment of playfulness, the boy swallows a coin and chokes. The mother tries slapping his back, rubbing his neck, shaking him hard and everything she could think of, without success. The boy begins to turn blue. The desperate mother starts screaming for help. A man gets up from a nearby table, and with astonishing tranquillity, without saying a word, lowers the boy's pants and squeezes his testicles. The boy yells and spits out the coin. The gentleman with the same tranquillity returns to his table without a word. Soon, the mother calms down and approaches the gentleman to thank him for saving her son's life. She asks, "Sir, are you a doctor?" "No, ma'am," comes the reply. "I'm an Assistant Commissioner of the Inland Revenue Authority of Singapore." "We are trained to squeeze everyone's balls to make them cough up the last penny." Reminder to file and confirm your tax returns by 15-April 2019 (for paper filing) and 18 April 2019 (e-filing)
  2. http://www.singaporelawwatch.sg/slw/headlinesnews/44136-fail-to-pay-tax-despite-reminder-bank-can-step-in.html Fail to pay tax despite reminder? Bank can step in Share on facebookShare on twitterShare on email Source Straits Times Date 26 Jun 2014 Author Nur Asyiqin Mohamad Salleh SINGAPORE'S taxman and DBS Bank yesterday gave an explanation for a retiree's claim that her bank account was hacked into when she forgot to pay her property tax. The Inland Revenue Authority of Singapore (Iras) said that when a person fails to pay property tax even after a reminder has been sent, it will appoint a bank to use the person's money which it holds to pay on his behalf. DBS added that it will inform the person in writing before it makes the deduction. Both organisations were responding to queries from The Straits Times after retiree Irene Yap, 76, claimed at a Central Provident Fund (CPF) dialogue on June 14 that her DBS account was hacked into after she forgot to pay her property tax. The former teacher said the bank had "scoured" her account for money to give to the Iras, and questioned whether it was ethical. But under Section 38 of the Property Tax Act, banks can pay overdue taxes from money held for or on behalf of the taxpayer, DBS said yesterday. The Iras said when a taxpayer does not pay taxes by the due date, it will send the person a "notice to pay", with a 5 per cent penalty added. "The penalty will be waived if (the) taxpayer has genuine reasons for failure to pay," it said. "A taxpayer who is stretched in his or her finances should contact Iras to work out an instalment plan." The Iras website shows payment must be made within 14 days of the reminder. Yesterday, the Iras said it will appoint a bank to pay taxes owed to the Government by a person only if he does not respond to the "notice to pay'' reminder. The bank is released as agent only after the tax and penalty are fully paid, said its website. At the same dialogue, which was conducted by Member of Parliament Hri Kumar Nair, Ms Yap also claimed she was not able to withdraw money from her CPF Retirement Account (RA). Last Friday, the CPF Board and Senior Minister of State for Manpower and Health Amy Khor cleared the air about her situation. The Board said it will send CPF members who reach their drawdown age a letter to inform them that they can apply to receive monthly payouts from their RA. Ms Yap was notified four months before her drawdown age in 1998, but she did not respond. In 2012, the CPF Board reminded her again that she could start receiving her monthly payouts. Again, they did not receive any instructions from Ms Yap, said Dr Khor. The CPF Board said it is in contact with Ms Yap to help her withdraw her RA savings if she wants to. Ms Yap could not be reached for comment yesterday. be careful hor...................next time any tax also they can take from your bank account...................no need to sign any form one...................but when you need to draw your cpf (technically your own money)........please fill up forms.............no automatic hor............
  3. Hello, I am looking for a season parking lot around Revenue House (IRAS - Newton) vicinity. Please PM me. Thanks in advance.
  4. when i fact i did efile for year 2006 and my company is understand the auto scheme. this is a very stressful time for me.... efiling? my pc harddisk crash last year and i lost all my data this year onward, i will keep a softcopy online and print out a hardcopy... adb next i will write to press regarding efiling......... is not 100% working
  5. PAY TAX Foreign getai acts told By Maureen Koh August 18, 2008 EARLIER, the taxman went after hawkers who were rolling in dough on the quiet. Now the taxman is casting its net to catch getai performers who are singing their way to the bank during the ongoing Hungry Ghosts season on the Chinese calendar. And among those to be reeled in first are foreign entertainers who are cashing in on the getai fervour here. At a dialogue hosted by the Inland Revenue Authority of Singapore (Iras) on Tuesday, eight getai organisers were told to withhold 15 per cent of foreign performers' gross takings for the tax that they are liable to pay. This tax is applicable to all foreign income earners who do not reside here. A spokesman for Iras confirmed that getai organisers are required to withhold the tax from the artistes' payment and to remit it to the Iras by the following month. The New Paper on Sunday understands the move is prompted by the earning power of some foreign performers, who can easily get up to $1,000 a night, or $30,000, in just 30 days here. Those affected are already singing the blues. The tax on their income may not make it worth their while to sing at getai shows here, they said. Taiwanese artiste Liao Lei, a regular performer, said: 'Some of us are doing this only part-time, so our takings can be irregular. 'What if we're paid only $100 for just one show? We would end up with nothing much after the 15 per cent cut.' He felt that the taxman should consider a threshold for fees liable to tax - for example, make only earnings of more than $1,000 taxable. A female singer from Malaysia, who did not want to be named, said: 'It doesn't make sense to have us pump up the heat on the scene here and to bear taxes.' In recent years, getai organisers have opted for entertainers from Malaysia, Taiwan and China to win more business and attract the crowd. Veteran organiser Roy Tan, 49, said: 'New faces add a fresh touch to the shows. 'And foreign talent sometimes provides more variety, such as when they sing in different languages.' It also helped that the artistes were more amenable to lowering their fees - sometimes by as much as 20 per cent. Local getai singers usually charge $100 to $600 for a 20-minute set of three to four songs. Mr Aaron Tan, 32, who runs Lex(S) Entertainment Productions, said: 'I feel it's fair to tax foreign acts on their takings. 'After all, they come here for the sole purpose of raking in the cash.' Mr Tan Chew Lee, from Cheong Xing Roadshow, was relieved that organisers were not saddled with the responsibility of paying the tax for the performers. Low margins The 59-year-old getai veteran said: 'The profit margin for running a show is already very low. 'It's only right that the foreign performers pay their own tax, rather than take more out from us.' Among those that he regularly engages are Li Bao-en from Malaysia and Liao Lei. Malaysian singer Fang Fang said: 'Of course we're not expecting the organisers to take on that responsibility. 'But some of us have other expenses to consider too, such as the costs of hiring a driver, accommodation and even costumes.' She added: 'It's too early for me to tell, but if the sums don't add up in the end, it's unlikely that I'll want to return next year.' But some other performers said they did not have an issue with the new rule. Taiwanese artiste Hao Hao said: 'As they say, to each country, its own rules. I had to pay tax on my fee for a performance in Japan too.' Singer Yuan Jin from China noted: 'If you want to perform here and earn some money, then just abide by the law. 'There's no point in kicking up a fuss. If you're not happy, then don't come here. http://newpaper.asia1.com.sg/news/story/0,...,173516,00.html?
  6. Dear all, I e-filed early April and until now i still has not rec my tax returns... my gf and a few as well.. a friend rec it only recently.. How about you guys? Do they have to take so long??
  7. Interesting guide, What is your percentile? http://www.salary.sg/2007/benchmark-your-pay-by-age-group/
  8. Does anyone have any idea where to download the Income tax tiering system for personal income tax? I've search all over the www.iras.gov.sg website and can't seem to find it anywhere? I need to calculate where the tax thresholds are for my wife and I.
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