All employers in Singapore have an obligation to prepare the 2023 year-end reporting for their employees by 1 March 2024. For non-Singapore citizen employees who are ceasing employment or departing from Singapore, the onus is on their Singapore employers to perform the necessary tax clearance reporting by the stipulated timeline. Keeping abreast of the tax changes and ensuring accurate and timely reporting are of utmost importance in light of the Inland Revenue Authority of Singapore's (IRAS) continued focus on employer’s tax reporting compliance.
Join EY Singapore at this webinar to gain knowledge on reporting requirements in respect of employee remuneration and key tax treatments of various compensation items, including benefits-in-kind and employee share gains. EY professionals will also be sharing recent updates and developments on matters relating to individual tax, Central Provident Fund (CPF) and the immigration framework.
A Highlight of Key Areas:
- Various remuneration items, including benefits-in-kind and equity compensation reportable in the Forms IR8A and IR21
- Latest developments surrounding the IRAS' tax rules including CPF
- Changes to the Singapore’s immigration framework
- Interactive Q&A session