
Businesses to enjoy 250% tax deduction on wages if employees volunteer at IPCs
Businesses throughout Singapore are going to have the opportunity to take advantage of a 250% taxed deduction just by committing to sending their employees to do volunteer work. Yes, you’re reading that correctly. The government of Singapore (through the new Business and IPC Partnership Scheme) is committed to making sure that businesses are able to reap significant rewards by encouraging their employees to volunteer at IPC partnership scheme volunteer opportunities.…Read more