{"id":547,"date":"2023-04-27T21:00:51","date_gmt":"2023-04-27T13:00:51","guid":{"rendered":"https:\/\/www.limlawchambers.com\/?p=547"},"modified":"2023-04-27T15:30:34","modified_gmt":"2023-04-27T07:30:34","slug":"do-i-need-to-file-taxes-in-malaysia-if-i-work-in-singapore","status":"publish","type":"post","link":"https:\/\/www.limlawchambers.com\/zh\/slider\/do-i-need-to-file-taxes-in-malaysia-if-i-work-in-singapore\/","title":{"rendered":"Do I need to file taxes in Malaysia if I work in Singapore?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/qoala.my\/ms\/blog\/wp-content\/uploads\/2023\/01\/mytax-hasil-lhdn-malaysia.jpg\" alt=\"Bayar Cukai Tertunggak LHDN untuk Elakkan Tindakan Mahkamah\" width=\"800\" height=\"445\" \/><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\"><strong>Do I need to file taxes in Malaysia if I work in Singapore?<\/strong><\/p>\n<p style=\"text-align: center;\">\nYes, you do! You need to report all your income to the Inland Revenue Board, including income received from overseas.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">What is considered as Foreign Source Income (FSI)?<\/span><\/p>\n<p style=\"text-align: center;\">\nBusiness income, employment income, dividends, interest or discounts, rental, copyright income, retirement pension, annuity, periodic payments, and so on.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">Will I be subject to double taxation?<\/span><\/p>\n<p style=\"text-align: center;\">\nThe government has announced an exemption for the following two types of foreign source income (FSI) until 2026:<\/p>\n<p style=\"text-align: center;\">1) all foreign source income (except for partnership income) received by individuals that has been reported overseas; and<\/p>\n<p style=\"text-align: center;\">2) dividends received by companies, LLPs or partners.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">If there is no exemption, what is the tax rate for foreign source income?<\/span><\/p>\n<p style=\"text-align: center;\">\nIt will be calculated based on your personal income tax rate.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">Do I still need to report if I am eligible for the exemption?<\/span><\/p>\n<p style=\"text-align: center;\">\nYes.<\/p>\n<p style=\"text-align: center;\">For employees (Form BE), you need to fill in Part K. All income is exempt and no tax is required.<\/p>\n<p style=\"text-align: center;\">For those with business income (Form B), you need to fill in Part L. All income is exempt and no tax is required.<\/p>\n<p style=\"text-align: center;\">","protected":false},"excerpt":{"rendered":"<p>Do I need to file taxes in Malaysia if I work in Singapore? Yes, you do! You need to report all your income to the Inland Revenue Board, including income received from overseas. &nbsp; What is considered as Foreign Source Income (FSI)? Business income, employment income, dividends, interest or discounts, rental, copyright income, retirement pension, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"_joinchat":[],"footnotes":""},"categories":[1],"tags":[55,146,61,60,143,59,58,33,50,53,36,51,52,142,18,54,57,56,144,145,139,38,67,34,137,138,74,75,141,72,69,140,136],"gutentor_comment":0,"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/posts\/547"}],"collection":[{"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/comments?post=547"}],"version-history":[{"count":1,"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/posts\/547\/revisions"}],"predecessor-version":[{"id":548,"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/posts\/547\/revisions\/548"}],"wp:attachment":[{"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/media?parent=547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/categories?post=547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.limlawchambers.com\/zh\/wp-json\/wp\/v2\/tags?post=547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}