Personal Finance
A Singaporean’s Guide: How to Claim Income Tax Deduction for Work-Related Expenses
By Seedly  •  June 9, 2020
Even though Circuit Breaker has been lifted. Companies must allow employees to work from home (WFH) as the default option. That’s great news because that means that we’re saving a LOT on our transportation. But our utility bills are probably going to explode…
SpongeBob Electricity Bill Final Notice
Source: SpongeBob SquarePants
Especially if you have your air conditioning switched on throughout the day. And have 5,329,452 electronic devices switched on at the same time. But wait. Did you know that you can claim personal income tax deductions on employment expenses which are ‘wholly and exclusively’ incurred when earning your income?

TL;DR: Allowable Employment Expense That Are Tax-Deductible

Seedly Income Tax Deduction Work Related Expense If you’re lucky enough to be reimbursed by your employer for any work-related expenses, then great! If not, here are some allowable employment expenses, which you can claim income tax deductions for (read: lower income tax).
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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