facebookJust started my first full time job this July. Does anyone know when I will have to start paying for income tax? - Seedly

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Anonymous

07 Jun 2019

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Just started my first full time job this July. Does anyone know when I will have to start paying for income tax?

Discussion (5)

What are your thoughts?

Jeff Yeo

Jeff Yeo

07 Jun 2019

Level 10ยท amateur Social contributor at School of social sharing

You can reference the table to see where you stand

View 1 replies

Loh Tat Tian

Loh Tat Tian

18 Dec 2018

Level 11ยทFounder at PolicyWoke (We Buy Insurance Policies)

You will be required to file your income tax (or done automatically by your company Form IR8A.)

Depending on your income, you may or may not need to pay income tax. If your assessable income for the year exceeds $21,000 (which exclude CPF contribution), then you will have to start to pay income tax. Best to do your tax planning if you are earning more than $4,300 (excluding bonus) or $4,000 (including bonus) this year.

But the tax to pay is very little for now. The impact will be felt after next year.

Current year earnings will be assessed next year. Filing will start 1st March.

So for 2018 earnin...

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