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  1. Learn how to tax retrenchment payments and retirement benefits in Singapore. Find out the tax exemptions, deductions and conditions for different types of lump sum payments to employees.

  2. Apr 17, 2024 · Learn what severance pay is, how it is calculated, and what other entitlements you have as a retrenched employee in Singapore. Compare the severance packages offered by different companies and the legal guidelines for responsible retrenchment.

  3. Apr 28, 2024 · Severance pay is the compensation and/or benefits an employer provides to an employee after employment is over. Severance packages may include extended benefits, such...

    • Will Kenton
    • 1 min
  4. Apr 23, 2024 · Learn how to calculate, offer, and tax severance pay in Singapore, a compensation for employees who lose their jobs. Find out the factors, guidelines, and advantages of severance pay for employers and employees.

  5. Sep 30, 2022 · Learn about the conditions for termination, notice periods, and severance pay in Singapore. Find out how to comply with local laws and avoid fines or disputes when hiring or firing employees.

  6. Severance payments that are made to compensate for the loss of employment are not taxable to the retrenched employee because they are capital receipts. However, other payments such as salary in-lieu of notice, ex-gratia and gratuity for past services are not payments for loss of office.

  7. Mar 14, 2024 · What is termination. Who can terminate a contract and overview of your options during termination. Termination with notice. Includes notice period, leave during the notice period, offsetting notice and CPF during notice. Termination without notice. When termination without notice can happen and salary in lieu. Termination due to employee misconduct

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