MoneyWorks | Withholding Tax

Software: MoneyWorks accounting software The payer is required to: Withhold tax at 15% of the gross income payable to the non-resident professional; OR the non-resident rate of 20% if the non-resident professional elects to be taxed on net income; Source of withholding Tax from the IRAS website: http://www.iras.gov.sg/irashome/page01.aspx?id=758 Assuming the bill from the non-resident professional […]

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