Changes to BIR & Tax Laws in the Philippines 2018

Changes in BIR and Tax Laws

New BIR Income Tax Rates and Income Tax Tables for 2018 A summary of the new income tax tables to be followed by the Bureau of Internal Revenue (BIR). The higher-income bracket will be negatively impacted while low-to-middle income will largely benefit from the change in income tax rates. Income Tax Tables (Year 2018-2022) Gross […]

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Changes in Singapore’s Tax System 2018

Pajak Penghasilan

Changes in Singapore’s 2018 Tax System 1. Personal Income Tax Relief Cap Singaporean government has announced that as of YA 2018, the total amount of personal income tax is subject to an annual relief cap of $80,000. This cap on personal income tax relief applies to the total amount of all income tax reliefs claimed, […]

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