Identify your role and receipts
Income from providing rides, delivery services, goods or other services through online platforms can be taxable even as a part-time activity. Platform operators’ Singapore business commissions, advertising and service fees are business income. Participant and platform transactions should be separated: operating as principal is different from merely arranging a transaction as agent. The publication also distinguishes providers and borrowers of crowdfunding funds, whose receipts cannot all be classified in the same way.
Costs, GST and records
Income-production expenses are considered under the usual deduction rules and qualifying business assets under capital allowances. Private-car costs require the specific transport rules rather than a blanket business-use claim. GST analysis follows the supply and principal/agent role, while individuals and companies have different income-tax returns. Keep adequate transaction records even when the platform has its own statements. The guide includes older procedural references; check current rates, transport concessions and registration rules for the relevant period.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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