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How do I know if I am considered an employed or self-employed person in my application for an HDB Loan Eligibility (HLE) letter? What are the documents required?
A4: According to the Inland Revenue Authority of Singapore (IRAS), you are employed if you perform work under a contract of service where you work under the control of your employer. However, you are self-employed when you perform work for others (e.g. provide a service) under a contract for service.
This information is sourced from HDB.
Related questions
I have two jobs. How do I report my second income in my application for an HDB Loan Eligibility (HLE) letter?
I am a self-employed person/ freelance worker or an odd job worker (e.g. retail owner, insurance agent, taxi driver etc.) and I do not have the documents requested for my application for an HDB Loan Eligibility (HLE) letter. What should I do?
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