Understanding the Tax Treatment

Generally, all gains and profits derived by an employee in respect of his employment are taxable, unless they are specifically exempt from income tax or are covered by an existing administrative concession.

Please refer to the table below for links to more information on the tax principles, the list of benefits-in-kind granted administrative concession or exempt from income tax, as well as the various types of benefits and their tax treatments.

Category	Types or Details of Benefits
General Information	List of benefits-in-kind granted administrative concession or exempt from income tax Flexible benefits scheme
Accommodation and Related Benefits	Accommodation provided to an employee/director Furniture and fittings and related benefits Serviced apartment Hotel Housing allowance
Air Passage	Home leave passage Cash payment in-lieu of home leave passage Passage provided for business purpose Passage provided when taking up employment and upon termination
Awards	Award for passing exams Bursary Innovation/ Improvement Long service/ retirement Recognition of good service Recognition of work performance Referral Zero/ low MC
Benefits relating to Corporate Events	Food, door gifts and lucky draw prizes Dinner and dance held overseas
Benefits relating to Loans	Interest benefits arising from interest-free or subsidised interest loan Interest benefits on loans to company directors Waiver of principal sum
Car and Car-related Benefits	Car provided Commercial vehicle provided Car park charges ERP charges Mileage for business usage Taxes, repairs and maintenance expenses of employee's own vehicle
Childcare Subsidy	Subsidy for a child in childcare center Subsidy for a child in student care
Central Provident Fund (CPF) Contributions	Employer's contributions relating to employment in Singapore Contributions made from 1 Jan 2004 relating to employment outside Singapore Contributions relating to director's fees
Gifts	Festive occasions Special occasions Bereavement
Insurance Premium	Insurance premium Group medical insurance Group insurance policy Travel insurance covering the period of business travel Work injury compensation
Lump Sum Payment	Death gratuities/ Injuries or disability payments/ Workmen compensation Gratuity for completing number of years of service Payment to induce a person to join the company Retrenchment payment to compensate loss of employment Retirement benefits Payment made to employee for entering into covenant Salary in lieu of notice/notice pay
Meal Payments and Food Provided	Fixed monthly meal allowance Working overtime - allowance paid or reimbursement made Free or subsidised food and drinks
Medical and Dental Care	Reimbursement for employees and dependants Medical benefit based on gender or age Medical insurance Transport expenses to see doctor
Other Payments	Absentee payroll under Skills Redevelopment programme Conditional payments made in advance Encashment of unutilised leave Inflation bonus Laundry allowance Maternity leave benefit NSman pay Skills Development Levy (SDL) Contributions made by employer to employee's Supplementary Retirement Scheme (SRS) account Relocation allowance Contributions made by employer to any pension/provident fund outside Singapore Employment Assistance Payment (EAP)
Overseas Holiday Trips	Overseas holiday trips Holiday reimbursement
Overtime Payments	Overtime allowance Overtime claims
Per Diem	Per diem allowance Per diem reimbursement Combination of allowance and reimbursement Parking fees at the airport Travel insurance premium Travel between home and airport Payment for warm clothing Payment for luggage
Social and Recreational Facilities	Facilities owned by employer Reimbursement for renting chalet Corporate passes to places of interest
Staff Discount	Staff discount offered by employer or its related entities Staff discount extended to employee's family members, relatives and friends
Stock Options	Employee Share Option (ESOP) Other forms of Employee Share Ownership (ESOW) Plan
Subscriptions	Club Personal membership to gym/ fitness centre/ sports club/ union Handphone/ Internet reimbursement Handphone allowance Cable for TV Professional bodies
Tax Borne by Employer	Income tax borne fully or partially by employer Fixed sum of tax allowance
Training	Subsidies for course fees and training fees for staff development Scholarship payments Subsidy of course fees or scholarship given as reward for service rendered Overseas training
Transport	Fixed monthly allowance Expenses for discharging official duties Mileage on private cars Working overtime Shuttle bus Taxi trip between home and office Travel between home and airport Travel between home and business venue Trips made by employee between home and external business venues