Sep 2009
Tax clearance for non-Singapore citizen employees
As you may be aware, when a non-citizen (i.e. foreigner and Singapore permanent resident) employee ceases employment in Singapore or intends to leave Singapore for a period of more than 3 months, the employer is required to notify the Inland Revenue Authority of Singapore (IRAS) and file a tax clearance return (Form IR21). The IRAS has recently stated its intention to tighten up on the timely submission of the Form IR21 and enforcement actions may be taken against employers who do not comply with the submission deadline without a valid reason.
Our news alert discusses the implications to employers, arising from this IRAS drive, and the steps employers should take to adhere to the Form IR21 filing deadline.
Get your copy here
Read more by downloading our International Assignment News Alert (Sep 2009) (pdf file, 95KB) for your reference.
