My company has just terminated a PEP holder’s employment. What’s our tax obligation?

Updated by MOM 1y ago

Your company’s tax clearance obligation remains the same:

Notify IRAS at least one month before the employee’s last day.
Withhold the employee’s pay once notice is given (either by you or them).
Within 30 days, IRAS will advise how much tax is due, and how much money can be paid to the employee.

You’ll need to do this whether or not the Personalised Employment Pass (PEP) holder is leaving Singapore.

This information is sourced from MOM.

Topics:

Work passes and permits Personalised Employment Pass

Related questions

I am holding a PEP. Do i need to submit the annual salary notification if I am unemployed or serving my notice period?

Do I need to cancel my PEP if I change employer?

From other agencies

I have tendered my resignation/am leaving Singapore for more than 3 months. What are my tax obligations in Singapore?

Updated 4mo ago

17. How can I find out whether tax clearance is required for my employee? Does the type of pass my employee holds make a difference?

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