Tax Guide 2025 Pdf For Individuals. It’s useful to keep a designated file for tax matters, and ensure that all income and expenses‐related information is properly entered and categorised on an ongoing basis. The minimum corporate tax rate in singapore for 2025 will remain at 17%, but small businesses can significantly reduce their tax burden by leveraging exemptions and reliefs.
Individuals must file and pay tax if their annual income exceeds $22,000 before deductions. Sole proprietors and partners must file and pay tax if.
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