Two Singapore-based financial advisors answer questions from our readers on taxation and other economic considerations to keep in mind when relocating.
Plan your financial move well in advance of the physical move
Before you get carried away with dreams of a new country and lifestyle, ANDREW TALBOT from Globaleye Wealth Management recommends ways to smooth the path for an easy financial transition.
How do I pay my outstanding Singapore tax before leaving the country?
There are lots of different ways to pay: by giro, online via the Inland Revenue Authority of Singapore (IRAS) website, at an AXS machine, via internet banking, or at DBS ATMs, post offices or SAM kiosks. You’ll need the Sing Pass two step verification to log in to the IRAS website.
If I don’t pay my tax, will someone at Changi Airport tap me on the shoulder?
Only if your employment pass has been cancelled and the tax hasn’t been paid. The responsibility is with the employer to pay this from the last salary of the employee.
What if I receive a final payment from my Singapore job when I’m already living elsewhere? Is that taxed by Singapore? – and, if so, how do I pay it?
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Perfect Pearly Whites!
Knowing you have white, sparkling teeth beneath your lips is a sure-fire way to make you smile with confidence. If you've noticed your teeth looking more yellow than \"hello\" lately, perhaps it's time for a visit to a dental clinic for a teeth-whitening session.
Save your Spine at Work!
Sitting in an air-conditioned office has its benefits in steamy Singapore. But, long, sedentary days can play havoc on our necks and backs. Here, orthopaedic surgeon DR YILUN HUANG talks about spinal issues faced by office workers, and how to treat and prevent them.
Festive Fashion Show!
As the year draws to a close, now's a good time to stock up on festive fashion. White Ginger has released a fab new line just in time for party season. Plus, it's hosting a fun multilabel fashion soiree so you can view the looks with tasty bites and a glass of vino in hand!
Finding Eco-Luxury in Fiji
Here's a destination that's often a little bit off the travel radar for people in our region - but definitely shouldn't be!
48 Hours in Patong
CHERRY LAI checks into the sparkling new M Social Hotel Phuket for a weekender full of food, fun and relaxation.
Ticket to Thailand
Are you physically here but mentally on a beach in Thailand? We've found destinations for two types of holiday-goers: one for someone looking for a place to chill, and another where you can also let loose!
Laying Out Memories Through Food
YASMIN, JESSICA and PEARL are the local co-founders of The Plattering Co. They share their favourite parts of doing business with each other and a few of their hobbies outside work hours.
Curry, Spice & Everything Nice
Craving a curry? Whether you're dreaming of a creamy korma or a biryani, the EL team went all in, indulging in everything from buttery parathas to tangy papdi chaat. We explored the best of Singapore's Indian dining scene, and trust us-these spots will spice up your life!
Is It Really Backed Up in the Cloud?
SARAH and BO PINEL of Tekkie Help break it to us that cloud storage is not a data backup. Here's why that's the case and how we can rectify the problem.
A Musical Community
The new Pops Chorus and Orchestra at Marlborough College Malaysia (MCM) has students, parents, staff and even the Master involved. SIMON BURBURY tells us more - including where you can catch their performances.
