Good afternoon,
Rental income will be taxable. This will be added on top of your employment or trade (self employment) income.
It will be based on calendar year (1st jan to 31 dec). You can check IRAS website for tax deductible expenses against your rental income.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
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91115171
Email: yt.tan91115171@gmail.com
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