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Since early April, working from home has become a new norm for most working adults in Singapore.
With many employees glued to their laptops at home as they hold Zoom meetings and WhatsApp discussions, one worry that has surfaced is higher electricity and phone bills.
Good news — you can get tax deductions for expenses incurred while working from home.
A spokesperson from Inland Revenue Authority of Singapore (IRAS) recently told The Business Times: “Tax deduction against employment income is allowable for expenses incurred wholly and exclusively in the production of employment income.”
These include additional electricity and phone bills incurred when employees are required to work from home (that are not reimbursed by the employer and not capital or private in nature.).
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