Course Fees Relief will give you tax benefits to improve your skills or increase your chances of being employed. This relief is intended for individuals who are employed at the moment or have been employed in the past. If you have rendered services in an internship or a vacation job, you won’t qualify for this relief.
If you’ve paid for the course in 2017, you can claim relief in the Year of Assessment, 2018. This is subject to a limit of S$5,500 per year.
You can attend a seminar, conference, or take up a course to claim relief. However, the course you participate in should lead to professional or academic qualifications that are recognised.
1. To claim relief, you should be able to apply the knowledge or skill you’ve obtained in a specific field for a given industry or a vocation. The seminar, conference, or course you attend should be provided by a Singapore entity registered with the Accounting & Corporate Regulatory Authority or ACRA.
To find out if a course is offered by an entity registered in Singapore, you can utilise the tool found on https://www.acra.gov.sg/home/.
2. Have you taken part in a conference, seminar, or course during 2017? If this education aids your present trade, business, employment, or vocation, it will qualify for relief.
3. Have you have participated in a seminar, conference, or course between 1 January 2015 and 31 December 2016? If this education helped your vocation, profession, business, or trade in 2017, it qualifies for the relief.
Save More with These Tax Reliefs Schemes
Not all courses are eligible for relief. Take a look at instances where you will not be able to claim relief:
You can attend any number of courses and claim relief for the actual amount you pay for the courses. This is limited to S$5,500 for each year. However, if your employer or the organisation you work for reimburses some of your fees, you won’t be able to claim this portion of the fees.
You will be able to claim fees such as:
Sometimes you have to pay upfront for a course that spans over several years. To claim relief in these instances, you can divide the fees you paid equally over the next few years. Let’s say you paid S$6,000 for a course in 2017, the table below will show you how to claim relief:
|Course fee paid upfront in 2017||S$6,000|
|Claim in 2018 (YA)||S$2,000|
|Claim in 2019 (YA)||S$2,000|
|Claim in 2020 (YA)||S$2,000|
If your annual income is S$22,000 or lower for the YA 2018, you can claim relief for the course or courses you paid for, later. However, when you do claim, you need to:
Whichever of the above occurs earlier.
Claiming Course Fees Relief can be done online or using paper filing. Take a look at how you can make a claim using both methods:
You will need to procure Form B1 or Form B. If you have Form B1, fill your information on item 6(h) found on page 2. For Form B, you have to fill in item 6(h), which can be found on page 3.
Keep Notes of IRAS Tax Filing Deadlines
Now that you know how to claim relief for eligible courses you attended or plan to take up, you can go ahead and make your claim.