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Responsibilities as employer

At a glance - Tax treatment of furniture and fittings and related benefits

Furniture and fittngs

 

Item

Taxable value - $ per month per unit

1

Air-conditioner

 

 

a) Unit

10

 

b) Dining room (central air-con)

15

 

c) Living room (central air-con)

15

 

d) Additional room (central air-con)

10

2

Air-cooler

1

3

Air purifier

10

4

Blender/Juicer

3

5

Camera

Actual amount paid by employer

6

Clothes dryer

15

7

Coffee maker

3

8

Computer (printer is considered as part of the computer)

40

9

Cooker

2.5

10

Dish washer

15

11

Electric guitar

30

12

Fan

1

13

Floor polisher

4

14

Furniture (soft & hard)
Examples: sofa, carpet, curtain, bed, dining table and chairs

10 (regardless of the number of units provided)

15

Fax machine

 

 

a) Employee pays for the recurring telephone charges linked to the use of the machine

20

 

b) As in (a) and employee gets to keep the machine

Full cost of the machine incurred by the employer in the year of purchase

 

c) Employer pays for the recurring telephone charges linked to the use of the machine

20 + telephone bill paid by employer for the year

 

d) As in (c) and employee gets to keep the machine

Full cost of the machine incurred by the employer in the year of purchase and telephone bill paid by the employer

16

Golf bag & accessories

Actual amount paid by employer

17

Home entertainment theatre

30

18

Hi-fi stereo/Radio/Amplifier

30

19

Iron

1

20

Jet-steam oven

2.5

21

Kettle

3

22

Lawn mower

5

23

Light fittings (E.g. standing lamps/lights. installed lights are not included.)

1

24

Organ

40

25

Refrigerator

10

26

Suitcase

Actual amount paid by employer

27

Surveillance system

30

28

Swimming pool

100

29

Toaster

1

30

TV (including plasma TV, high definition TV)

30

31

Vacuum cleaner

2

32

Video recorder/DVD player/VCD player

20

33

Water heater

2.5

34

Washing machine

15

 

Related benefits

 

Item

Taxable value - $

1

PUB, telephone and cable bills

Actual amount paid by employer

2

Household servant

Actual wages paid by employer

3

Gardener

$35 per month or actual wages paid by employer, whichever is lesser.

 
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Last Updated on 19 October 2011

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