The IRAS has reviewed the withdrawal of the administrative concession for Singaporeans working overseas.
In August 2019, the Inland Revenue Authority of Singapore (IRAS) had announced that the administrative concession which allows Singaporeans to opt to be assessed as non-residents for tax purposes will be withdrawn from Year of Assessment 2021 (income year 2020).
The IRAS has since then reviewed their decision based on feedback and clarified that the withdrawal of the administrative concession will only have an impact on Singaporeans who are employed or on overseas assignment for less than a full calendar year. The significance of this is that even with the removal of the administrative concession, Singaporeans who are employed or are on an overseas assignment for the full year may continue to opt to be assessed as a non-resident for tax purposes.
