Commentary

8.1 Penalties for employer failures

Singapore
Singapore | Commentary

8.1 Penalties for employer failures

Singapore | Commentary

8.     Non compliance to withholding requirements

8.1     Penalties for employer failures

Employer failureConsequence
Failure to file forms of employees' earnings (see 1.3.2)Fine for SGD 1,000. If payment is defaulted then 6 month prison sentence can be enforced (Income Tax Act, s 94)
Failure to pay within 10 days of a Directive to pay (see 6.1.1 and 6.4)5% late payment penalty followed by additional penalties of 1% per month if tax remains unpaid for a further 60 days. This is up to a maximum of 12% of the unpaid

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