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Anonymous

03 Nov 2019

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Is year-end bonus or AWS taxable in the year it is earned or when it is paid?

If AWS and Bonus are given out in Jan 2020, does it add to Taxable income in 2020 or 2019?

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Kelly Trinh

03 Nov 2019

Backoffice technical at financial services firm

If it appears in December payslip with regular December pay then would be taxable with other income in 2019

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Royalchem

03 Nov 2019

Project Officer at Security Related

Yes. All allowance and bonus are taxable. For the year of assessment, it depends on the AWS and bonus were for which year and not when it was given.

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Elijah Lee

01 Nov 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

If your AWS/bonus is considered as part of December 2019 pay, but it is paid to you in Ja...

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