Advertisement

Anonymous

17 Sep 2020

∙

Hi, does it mean I can file for income tax parent relief if my dad is above 55 and not working?

My dad is no longer working and above 55. Does that mean Im eligible for parent relief?

The dependant was living in your household in Singapore* in 2019. Wondering if it must be house under my name? Or as long as we live together?

When to file usually?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Sherry Choong

17 Sep 2020

Hi there. Yes you can file for Parent Relief if you meet the following criteria:

Your father must be living in your household. If your father is living in a separate household, you must have spent at least $2000 supporting him
Dependent is age 55 and above
Dependendt did not have an annual income exceeding $4000

Details here: https://www.iras.gov.sg/IRASHome/Individuals/Lo...

Reply

Save

Write your thoughts

Related Posts

Hi all! Would like to enquire about income tax relief for topping up parent’s CPF account. Any advice if there is an income threshold for parents?

Can my dad (who is working) and me who is working, contribute to my mum's CPF RA (she currently has zero income, get 7k of tax relief each?

If you are above age 55 with cpf>FRS and still working, are you able to withdraw 7k and put in the same 7k for income tax relief?

Understand from my colleague that if your parents are not working, I am able apply for a tax relief. Is it true?

Income year assessment is from 1 Jan 2019 to 31 Dec 2019 right? Means i must faster top up $7k to my SA if i want the tax relief for financial year 2019 is it?

Related Posts

Hi all! Would like to enquire about income tax relief for topping up parent’s CPF account. Any advice if there is an income threshold for parents?

Can my dad (who is working) and me who is working, contribute to my mum's CPF RA (she currently has zero income, get 7k of tax relief each?

If you are above age 55 with cpf>FRS and still working, are you able to withdraw 7k and put in the same 7k for income tax relief?

Understand from my colleague that if your parents are not working, I am able apply for a tax relief. Is it true?

Income year assessment is from 1 Jan 2019 to 31 Dec 2019 right? Means i must faster top up $7k to my SA if i want the tax relief for financial year 2019 is it?

Advertisement