Tax filing minimum sum?

[sehsuan]

Odd - I received a letter that says I need not file in a return if my 2005 income was below $22K, but on the IRAS website, it says the same but only if below S$26K. Then another page on the IRAS site says below $22K again. What is the exact figure anyone?


From http://www.iras.gov.sg/ESVPortal/Home/iit_what_you_will_be_receiving_from_iras_from_6_feb_06.asp

No Return Required Notification Letter
For an NRIC-holder earning $26,000 or less in 2004, you will receive a letter telling you that you need not file a return this year. If your gross earnings in 2005 exceeds $26,000, please e-file using your existing IRAS PIN or SingPass. Alternatively, you may call 1800-356 8300 to request for a Form B1.

From http://www.iras.gov.sg/ESVPortal/iit/iit-se-a1.1.1+faq.asp

1. Do I have to file an income tax form this year?
You will need to file an income tax form so long as an income tax form/IRAS PIN letter (Electronic Filing letter) has been sent to you.

However, if you did not receive an income tax form/IRAS PIN letter (Electronic Filing letter) and your annual income in Singapore in the year 2005 is $22,000 or more, please call our Taxpayers Services Helpline at 1800-356 8300 during office hour for assistance.

 

[zaxh81]

it's better to file regardless of income.
i learnt it the hard way.:cry:

 

[Nisa]

i would file no matter what amount, cause i got fined when i tot i don't have to file the last time.

 

[mpenza]

can email them loh. but no harm filing... especially if u have dividends to get back.

 

[rueyloon]

it's better to file regardless of income.
i learnt it the hard way.:cry:

what happened ?

 

[quekky]

last year was 26k, u might wanna call up and ask them if u need to file, and ask for the pin at the same time if u need to

 

[zaxh81]

what happened ?

i was fine when i thought i was under the amount,so they say first time waive off for me.
Next up was in Army,every month get $300++ also must file.Sian lor,kena fine.