HRSINGAPORE Community Discussions
Notice pay
QUESTION
Dear HR Community,
I have questions about compensation in lieu of notice or notice pay.
When we receive notice pay from our employees,
1. How we calculate the compensation due
2. Is notice pay taxable?
3. How do we declare it in form IR21?
We are in the automotive industry.
Look forward to hearing from you. Thank you so much.
Best Regards,
Adeline
HR Poll: Is notice pay taxable?
Yes: 62.50%
No: 37.50%
REPLIES & COMMENTS
Declare it under pay/compensation in lieu of notice
Cindy
Declare it under notice pay
Jamie
HRSINGAPORE | HR Community Message | Notice pay
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