Advances and refunded bonuses
A conditional retention payment is generally taxable when paid. If conditions fail and the employee refunds it, the adjustment normally belongs to the refund year. Where CPF contributions are not refunded, the employer reports the original advance and separately supplies refund details using the official template. Liquidated damages are not treated as a refund under this rule.
Other payments and historical concessions
Leave encashment is taxable when entitlement arises, which may differ from the payment date. Employer SRS contributions, relocation allowances and overseas pension contributions are listed as taxable; the overseas-fund concession ceased from YA 2025. Qualifying Employment Assistance Payment is non-taxable, but check current MOM re-employment guidance rather than relying on the older ages still stated in this tax page.
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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