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    Tax Calculator - Residents - YA21

    Uploaded by

    Bharat Maddula
    This document is an income tax calculator for tax residents in Singapore for the year of assessment 2021. It allows the user to enter their employment income, other income sources, approved donations, and personal reliefs to calculate their chargeable income, tax payable, and net tax payable amount. All income fields are initially set to $0 and the tax payable and net tax payable amounts are also calculated as $0 based on no income being entered.

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    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd

    Tax Calculator - Residents - YA21

    Uploaded by

    Bharat Maddula
    40 views1 page
    This document is an income tax calculator for tax residents in Singapore for the year of assessment 2021. It allows the user to enter their employment income, other income sources, approved donations, and personal reliefs to calculate their chargeable income, tax payable, and net tax payable amount. All income fields are initially set to $0 and the tax payable and net tax payable amounts are also calculated as $0 based on no income being entered.

    Original Title

    Tax Calculator - Residents_YA21

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    This document is an income tax calculator for tax residents in Singapore for the year of assessment 2021. It allows the user to enter their employment income, other income sources, approved donations, and personal reliefs to calculate their chargeable income, tax payable, and net tax payable amount. All income fields are initially set to $0 and the tax payable and net tax payable amounts are also calculated as $0 based on no income being entered.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    40 views1 page

    Tax Calculator - Residents - YA21

    Uploaded by

    Bharat Maddula
    This document is an income tax calculator for tax residents in Singapore for the year of assessment 2021. It allows the user to enter their employment income, other income sources, approved donations, and personal reliefs to calculate their chargeable income, tax payable, and net tax payable amount. All income fields are initially set to $0 and the tax payable and net tax payable amounts are also calculated as $0 based on no income being entered.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 1

    Income Tax Calculator for Tax Resident Individuals

    YEAR OF ASSESSMENT 2021 (For the year ended 31 Dec 2020)

    What to do: Enter amount in the gray boxes, where applicable.


    Tips: For more information, move your mouse over the field or click on the field name.

    INCOME

    Employment income S$ .00

    Less: Employment expenses S$ .00

    NET EMPLOYMENT INCOME S$ 0 .00

    Trade, Business, Profession or Vocation S$ .00

    Add: OTHER INCOME


    Dividends S$ .00
    Interest S$ .00
    Rent from Property S$ .00
    Royalty, Charge, Estate/Trust Income S$ .00
    Gains or Profits of an Income Nature S$ .00

    TOTAL INCOME S$ 0 .00

    Less: Approved Donations S$ .00

    ASSESSABLE INCOME 0 .00

    Less: PERSONAL RELIEFS


    Earned income relief S$ .00
    Spouse/handicapped spouse relief S$ .00
    Qualifying/handicapped child relief S$ .00
    Working mother's child relief S$ .00
    Parent/handicapped parent relief S$ .00
    Grandparent caregiver relief S$ .00
    Handicapped brother/sister relief S$ .00
    CPF/provident Fund relief S$ .00
    Life Insurance relief S$ .00
    Course fees relief S$ .00
    Foreign domestic worker levy relief S$ .00
    CPF cash top-up relief (self, dependant and Medisave account) S$ 0 .00
    Supplementary Retirement Scheme (SRS) relief S$ 0 .00
    NSman(Self/wife/parent) relief S$ 0 .00
    Total Personal Reliefs (capped at $80,000) S$ 0 .00

    CHARGEABLE INCOME S$ 0 .00


    Tax Rate
    Tax Payable on Chargeable Income S$ 0.00
    Next
    Less: Parenthood Tax Rebate S$

    NET TAX PAYABLE S$ 0.00

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