Personal Income Tax Rebates Singapore

As a tax resident of Singapore, there are certain rebates open to you that will ease your tax burden. Learn how these tax rebates can help you save a few more dollars. After all, a penny saved is a penny earned.

Personal Tax Rebate for YA 2017

For YA 2017, tax residents of Singapore will get a tax rebate of 20% on their income tax payable. This rebate is limited to S$500.

You are classified as a tax resident if:
  • You are a citizen of Singapore who lives in Singapore except for short absences.
  • You’re a Singapore Permanent Resident or SPR with a permanent home in Singapore.
  • You have lived or worked in Singapore for a duration of 183 days or more in the last year.
Your rebate is calculated based on:
  • Your tax payable after the application of double taxation relief or DTR and any other applicable credits.
  • The tax payable amount prior to offsetting Parenthood Tax Rebate.

You don’t have to apply for the tax rebate. IRAS will automatically grant the rebate to qualifying tax residents.

OCBC VOYAGE Card

Pay Tax With Credit Card and Earn Rebates

Card Name: OCBC Voyage Card
Card Type: Miles
Processing Fee: 1.9%

The Parenthood Tax Rebate or PTR

This scheme was given to encourage tax residents in Singapore to have more kids. Whether you’re divorced, married, or widowed, you may be eligible for tax rebate under PTR. You could claim a rebate up to S$20,000 for each child.

To be eligible for the rebate, your child/children should meet the following criteria:

For Children Who Are Born or Adopted on 1 January 2008 or Later

Based on the child’s year of birth:
  • Your child is born to your spouse or former spouse and you on 1 January 2008 or later. You should have been married to your spouse at the time.
  • Your child is a citizen of Singapore when they were born or became a citizen after their birth, but within 12 months.
  • The year of PTR claim would be your child’s birth year.
Based on the year you got married:
  • Your child is born to your spouse or former spouse and you on 1 January 2008 or later. They were born before you got married, but your marriage was registered prior to your child turning 6 years.
  • You child was a citizen of Singapore when you got married or became a citizen within 12 months after your marriage.
  • Your claim is for the year you got married.
Based on the year your child was adopted:
  • Your child was legally adopted on 1 January 2008 or later while you were married. The adoption should be completed before your child turns 6 years old.
  • Your child is a citizen of Singapore during the time of adoption or became a citizen within 12 months after the adoption.
  • You can claim a rebate for the year of adoption.

For Children Who Are Born or Adopted Before 1 January 2008

You won’t be able to claim PTR for your first child if they were born or adopted prior to 1 January 2008. You can, however, claim a rebate for the second, third, or fourth child, provided they meet certain conditions.

Based on your child’s year of birth:
  • Your child is born to your spouse or former spouse and you on 1 January 2004 or later. You should have been married to your spouse or former spouse at the time.
  • Your child was a citizen of Singapore upon birth or became a citizen within 12 months after their birth.
  • Your claim would be for your child’s birth year.
Based on the year you got married:
  • Your child is born to your spouse or former spouse and you on 1 January 2004 or later. They were born before you got married to your spouse/former spouse, but your marriage was registered before they turned 6 years old.
  • Your child was a citizen of Singapore when you got married or became a citizen within 12 months after you got married.
  • Your claim year would be the year you got married.
Based on the year you adopted your child:
  • Your child was legally adopted between 1 January 2004 and 1 January 2006. Or they were adopted on 1 January 2006 or later, but prior to your child turning 6 years old.
  • Your child was a citizen of Singapore during the time of adoption or became a within citizen 12 months after the adoption.
  • Your claim year would be the year of adoption.

If your children are born abroad, you may still be eligible for PTR provided you meet the eligibility criteria. This includes the specified timelines provided for your child to gain Singapore citizenship.

Parents who give up their children for adoption at any stage will not be able to claim PTR for the child. Any remaining rebate will be forfeited.

If you and your spouse are no longer together, you can still utilise the PTR tax benefit against tax liabilities in the future. And should your spouse pass away, you could still use the balance that remains in your individual PTR account.


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