Tax Computation and Basic Tax Calculator

How to compute tax payable for income from clubs and associations.

Computing Tax Payable for Clubs and Associations

Income from clubs, trade associations, management corporations and town councils is taxed at the same tax rate as a company.

Example: Club ABC has chargeable income of $36,000 for YA 2020

 

 

Basic Tax Calculator

The Basic Tax Calculator (BTC) is designed to help you calculate the tax liability of your club/society/association.

Please download the tax calculator as follows: