HRSINGAPORE Community Discussions

Employee Share Options (ESOP)

Question

Dear HR Friends,

I will like to check for Employee Share Options (ESOP), for companies under IRAS auto inclusion scheme, is the company or employee responsible to declare the ESOP gains?

Thanks.

Michelle


Reply 1

Gains from ESOP are definitely taxable and have to be reflected in the Appendix 8B. The employer has to include the information in it.

Link: https://www.iras.gov.sg/IRASHome/Individuals/Locals/Working-Out-Your-Taxes/What-is-Taxable-What-is-Not/Gains-from-Employee-Share-Options--ESOP--/-Other-forms-of-Employee-Share-Ownership--ESOW-/

Henri


Reply 2

As far as IRAS is concerned, employer is required to declare any taxable ESOP gain that arises from employment.

AL


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