Tax exemptions on international air travel and shipping income
Singapore offers tax exemptions to countries that are heavily involved in shipping and air routes to and from Singapore like Indonesia. These exemptions encourage the people of these countries to continue to engage with and conduct business activities in Singapore.
Although a partnership conducts business operations, the owners of a partnership are to be regarded as individuals.
Therefore, they are to be taxed as individuals or as corporate partners. They are thus taxed based on the share of the partnership income which they have generated.
What Are the Payroll Services Provided & How Much Does It Cost
Here at Paul Hype Page & Co, we have Payroll Services to help you pay your employees quickly and easily, such as:
We also offer extensive experience in the operation of the payroll function and better payroll experience that is service-focused and customised to meet your company’s unique needs:
Calculation of monthly payroll
Employer registration with the Singapore Central Provident Fund (“CPF”)
Calculation of statutory deductions including CPF, skills development levy, foreign worker levy and ethnic/religious fund deductions
Payroll processing and annual reporting
Issuance and maintenance of electronic pay slips and remuneration reports
Update of Annual leave and Medical Leave records