Stella, since you've done volunteer tax filing (?) before can you confirm this?Originally posted by stellazio:no need to worry, if u forgot to claim for a certain relief you're entitled too, iras will do it for u.
but the most common kind is nsmen,working mothers, foreign maid levy etc.
also for those with shares, make sure you calculate the gross amount. and don't let them double tax u.
Originally posted by Wanda:Eh...can someone confirm this: If interest earned and dividends are less than $10k or something, then no need to declare?
Originally posted by stellazio:interest earned meaning interest from banks? if its interest from local bank, they're not taxable.
what kind of dividends do you have? some are taxable, some are not.
and i didn't volunteer to file taxes, i was posted to the tax department for my attachment.
ok...kam siah!Originally posted by stellazio:
if its a small sum, doubt they'll check also.Originally posted by Wanda:But I feel like not declaring.
not trueOriginally posted by stellazio:no need to worry, if u forgot to claim for a certain relief you're entitled too, iras will do it for u.
but the most common kind is nsmen,working mothers, foreign maid levy etc.
also for those with shares, make sure you calculate the gross amount. and don't let them double tax u.
gd what, got lot of mei mei thereOriginally posted by stellazio:interest earned meaning interest from banks? if its interest from local bank, they're not taxable.
what kind of dividends do you have? some are taxable, some are not.
and i didn't volunteer to file taxes, i was posted to the tax department for my attachment.
last time, i see them very good leh. the previous year this fella forgot to claim working mothers relief, iras auto help her claim.Originally posted by Kenashi:not true
if u don't claim relief, they just think u don't want.
nsmen is automatic, no need to claim.
must see what share u own lah, franked dividend from shares with cdp, no need to file.
one tier dividend oso no need to file.
that officer must be working too hardOriginally posted by stellazio:last time, i see them very good leh. the previous year this fella forgot to claim working mothers relief, iras auto help her claim.
yea must see what type of shares..
either that, or the person is new so try to be hardworking to impress the supervisor.Originally posted by Kenashi:that officer must be working too hard
last time our motto is they don't claim, don't bother
Originally posted by stellazio:either that, or the person is new so try to be hardworking to impress the supervisor.
If IRAS can catch people who under-report their income, then it's only right that they also inform people who under-claim their reliefs what.Originally posted by stellazio:last time, i see them very good leh. the previous year this fella forgot to claim working mothers relief, iras auto help her claim.