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Singapore: Expenses incurred from working at home qualify for tax deductions

WORKERS working from home can claim deduction against employment income for charges such as electricity and telecommunication expenses not reimbursed by employers. An Inland Revenue Authority of Singapore (Iras) spokesperson told The Business Times: “Tax deduction against employment income is allowable for expenses incurred wholly and exclusively in the production of employment income. “ To […]

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Thailand Plus One: Poipet SEZ investment strategy

Poipet Special Economic Zone – a wholly-owned subsidiary of Phnom Penh Special Economic Zone Plc. – is aiming to become a higher value-added production hub, particularly for electronics, mechanical and automotive parts, according to its Chief Executive Officer. The zone will also utilize its close proximity to the Thai border and access to the developing […]

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