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Singapore Publishes Guidance on Tax Treatment of Expenses Incurred on Work-Related Assets to Facilitate Working from Home

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore (IRAS) has published guidance on the tax treatment of expenses incurred on assets to facilitate working from home.

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Tax Treatment of Expenses Incurred on Work-Related Assets to Facilitate Working from Home

Current Tax Treatment

Due to the COVID-19 pandemic, many employees are required to work from home as a result of office closures. To facilitate their employees to work from home, some employers have instructed their employees to purchase w…