Charge refers to income received under a deed or court order in Singapore. Examples include alimony/maintenance payments and other income frmo trust and settlements.
Find out more on:
• alimony and maintenance payments received from your ex-husband
• maintenance payments received by a child or parent
• other income from trusts and settlements (what is trust income tax, how to report…)
• updating us of your marital status
Alimony and maintenance payments received from your ex-husband
With effect from Year of Assessment (YA) 2012, income from alimony and maintenance payments received from your ex-husband, whether paid voluntarily or under a Court Order or Deed of Separation is exempt from tax.
Tax treatment prior to YA 2012
Prior to YA 2012, alimony or maintenance payments received from your ex-husband under a Court Order or Deed of Separation are taxable. If the Court Order did not state any specific amount for the maintenance of your child, the full amount of maintenance is taxable as your income. If the Court Order has specified an amount for the maintenance of your child, only that portion of the payment for your maintenance is taxable as your income.
Maintenance payments received by a child or parent
A child may receive maintenance payments under a Maintenance Order or Deed of Separation.
A parent may receive maintenance payments under the Maintenance of Parents Act.
The above payments are not taxable.