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Tax deductions by occupation in Singapore

What the work costs is much the same wherever you do it. How you claim it is not — so each guide below pairs the spending with the rules that apply in Singapore. You report through Form B as a self-employed person.

Income tax in Singapore

Self-employed income is reported as trade income and taxed at the personal resident rates, which are progressive and comparatively low. Singapore does not tax capital gains, and income is assessed for the Year of Assessment following the year you earned it.

GST in Singapore

Rate
9%
Registration
SGD 1 million turnover/yr
Returns
Quarterly (GST F5)

This is general information, not personal tax advice — what you can claim depends on your circumstances, so check with IRAS or a registered tax adviser, and keep records to back up every claim.

How Singapore treats the big three

Vehicle and travel

Private motor car expenses are generally not deductible, which is a sharper rule than most countries — other business travel costs remain claimable.

Home workspace

The business-use share of workspace costs such as electricity and internet is claimable where it relates to earning trade income.

Equipment and higher-cost gear

Equipment is claimed through capital allowances, with lower-value assets often written off over a shorter period.

Worth knowing in Singapore

The private-car rule surprises people. Expenses for a private motor car are generally not deductible even when the trip was for work, so plan around it rather than assuming a mileage claim exists.

Self-employed tax in Singapore — common questions

Do I need to register for GST in Singapore?

The registration threshold is high compared with most countries, so many self-employed people never reach it. Registering voluntarily is possible but commits you to charging GST and filing returns. This is general information, not personal tax advice — what you can claim depends on your circumstances, so check with IRAS or a registered tax adviser, and keep records to back up every claim.

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