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Tax Accounting Service Singapore

Personal Tax Services

The Singapore Personal Income Tax System is one of the lowest and friendliest in the world. The budget released every year by the Singapore Finance Ministry comprises of personal income tax rates that are progressive in nature.

Terra Advisory provides a Singapore personal tax return service including computation and submission of an individual’s personal income tax.

We also provide a detailed tax consultancy service for company owners also in receipt of salaries where thorough planning can optimise your effective tax rate by balancing both corporate and income tax liabilities.

Our personal tax services include:

  • Preparation of income tax returns and tax computations for individuals and partnerships
  • Preparation of returns of employee’s remuneration (Form IR8A) and tax clearance (Form IR21)
  • Application for tax schemes like the Not Ordinarily Resident scheme
  • Tax equalisation
  • Assistance to attending to queries from IRAS
  • Application to IRAS for voluntary disclosures of past tax errors / negligence
  • Local personal tax planning and advisory