Following the success of the first and second editions, the Tax Academy of Singapore is proud to launch of the 3rd edition of The Law & Practice of Singapore Income Tax. An authoritative and comprehensive reference book on taxation of income, this edition aims to explain the fundamental changes to the tax landscape and updates on the Second Edition with a comprehensive coverage and analysis of case law developments, administrative guides and practical application of the income tax law, tax treaties and international tax agreements. In conjunction with the launch of the book, we are pleased to present a series of webinars where the authors will give an overview of what is covered in their respective chapters and expound on some of the topics. In addition, webinar participants will be entitled to a special 15% discount off the price of the book!
In this fourth webinar of the series, we are pleased to invite Ms Sabrina Sia (Global Employer Services Leader, Deloitte Singapore) and Ms Michele Chao (Partner, Deloitte Singapore) to share on the chapter on Personal Income Taxation.
This webinar aims to familiarise you with a better understanding on the income tax treatment for individuals. This includes what constitutes income (allowances, , benefits-in-kind, retrenchment compensation), and what are the allowable expenses, donations and reliefs to reduce the chargeable income. We will also cover the schemes available for foreigners working in Singapore, and the employer’s reporting obligations.
Agenda:
- Scope and individual taxation of employment income (locals and foreigners)
- Employer tax reporting obligations and common reporting errors
- Covid-19 tax concessions
- Taxation of rental income, personal reliefs and deductions
- Voluntary disclosure programme
- Q&A session
Who Should Attend: Tax practitioners, Business Owners, Finance/Accounting and Legal professionals
Ms Sabrina SiaGlobal Employer Services Leader
Deloitte & Touche Singapore
Ms Sabrina Sia leads the Global Employer Services (GES) division of the Tax Department in Deloitte & Touche Singapore and is responsible for the provision of individual tax compliance and consultancy services for local and expatriate employees in Singapore. Sabrina has more than 20 years experience in Singapore personal income tax serving multinational and local companies in a variety of industries. She advises clients on mobile employee tax management and a wide range of individual tax and employer tax compliance issues, including on equity and deferred compensation plans and cross-border tax implications for mobile employees. Sabrina also has Singapore corporate tax experience as she started her career managing both individual and corporate tax clients. Sabrina is a regular speaker at client conferences and seminars held by Deloitte in and outside of Singapore. She also contributes regularly to media articles and academic publications. Sabrina has a Bachelor of Accountancy (First Class Honours) at Nanyang Technological University. She is a member of the Singapore Chartered Tax Professionals (SCTP) and Institute of Singapore Chartered Accountants (ISCA).
Ms Michele ChaoPartner
Deloitte & Touche Singapore
Ms Michele Chao is a Partner with Deloitte Singapore and has more than 20 years of experience in expatriate tax management. She began her career providing Singapore individual and corporate tax compliance and advisory services. She has worked in China and handled China individual tax issues. Currently, Michele is responsible for the provision of individual tax advisory and compliance services for expatriate employees from multinational companies. She has extensive experience in coordinating multi-country projects on employment taxes and tax planning for cross-border global mobility situations. She is also the Deloitte Asia Pacific Global Employer Services lead on several key accounts. Michele has a Bachelor of Accountancy (Hons.) from the Nanyang Technological University of Singapore with a minor in Economics. She is a Certified Accountant with the Institute of Singapore Chartered Accountants (ISCA) and a member of the Singapore Chartered Tax Professionals (SCTP).