chen
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RE: Singapore CPF
In my case, I have moved to UK before 5th Apr 2017, so there was no more employer and employee contributions since 2012. Take the the below number as example, I just want to make it simple to illustrate: Since 2012, I had yearly interests earned from CPF £1500, yearly payments from CPF account into CPF approved medical insurances (MediSave) company for premiums was £500. I withdrew full CPF funds into my Singapore banking account in Mar 2023. Year In-flow out-flow net-growth 2017 1500 500 1000 2018 1500 500 1000 2019 1500 500 1000 2020 1500 500 1000 2021 1500 500 1000 2022 1500 500 1000 For filing my tax return 2022-2-23, I have below questions: Q1: Is my illustration correct, the growth is the difference between the in-flow and out-flow each year? So the total taxable incomes for my full CPF withdrawal is 6 x 1000 = £6000? Those are the information I can get from CPF yearly statements. I know the actual number would be slightly different, because the tax year was from 6 Apr to 5 Apr, so I should take the number from 06 Apr 2017 to 31 Dec 2017 ad number from 01 Jan 2023 to 05 Apr 2023. Q2: I am filing the tax return by myself online, so I would like to know under which entry I should put this £6000 growth number as income.