What is taxable, what is not - IRAS

All income earned in or derived from Singapore is chargeable to income tax. Generally, overseas income received in Singapore is not taxable, ... Home Taxes IndividualIncomeTax BasicsofIndividualIncomeTax Whatistaxable,whatisnot Whatistaxable,whatisnot AllincomeearnedinorderivedfromSingaporeischargeabletoincometax.Generally, overseasincomereceivedinSingapore is nottaxable,exceptinsomecircumstances. Incomefromemployment Employmentincome Typesofemploymentincomeandbenefits-in-kind(tobecomputedbyyouremployer) Salary,bonus,director'sfee,commissionandothers Gainsfromtheexerciseofstockoptions Incomereceivedfromoverseas Pension Retirementbenefits Retrenchmentbenefits IndividualsworkingremotelyfromSingaporeduetotravelrestrictionscausedbyCOVID-19mayrefertothe COVID-19SupportMeasuresandTaxGuidance formoreinformation. Incomefromtrade,business,professionorvocation Self-employed,partnershiportrade,business,profession,vocationincome Includinggigworkandfreelanceincome Incomereceivedfromoverseas SomeoverseasincomereceivedinSingaporemustbereportedinyourtaxreturn IncomereceivedintheformofGovernmentGrants Findoutifthesepayoutswillbeauto-includedinyourtaxreturn SpecialEmploymentCredit WageCreditPayout JobsSupportScheme COVID-19relatedpayouts Incomereceivedintheformofvirtualcurrencies BusinessesthatacceptdigitaltokensaresubjecttonormalIncomeTaxrules Incomefrompropertyorinvestmentsandothersources Rentfromproperty Learnhowtoreportrentalincomeandclaimrentalexpenses Dividends Taxabledividendsmustbereportedinyourtaxreturn Interest Taxableinterestsmustbereportedinyourtaxreturn Gainsfromsaleofproperty,sharesandfinancialinstruments Taxablegainsmustbereportedinyourtaxreturn Incomefromothersources Annuity(recurringannualpayments) Taxableannuitiesmustbereportedinyourtaxreturn Charge(alimonyandmaintenancepayments) CheckthetaxabilityofalimonyandmaintenancepaymentsinSingapore Estate/Trustincome Estate/trustincomereceivedinSingaporefromanestateunderadministrationoratrustistaxable NationalServiceHousing,MedicalandEducationAward Thisawardistax-exemptanddoesnotneedtobereportedinyourtaxreturn Royalty Royaltiesaretaxablethoughtaxconcessionsareavailable Winnings(Toto,4D…) Winningsreceivedfrombettingorlotteryarenottaxable WithdrawalsfromSupplementaryRetirementScheme(SRS) Differenttaxratesapplydependingontheyearofyourwithdrawal