Understanding which pay items in Talenox fall under the corresponding sections in the IR8A form is important for all users, especially during the tax season. 😁
Below is the compiled list of categorised pay items (according to the specific tabs) that are found in Payroll - Step 2:
Monthly Payment/Deduction Tab
Pay Items | Mapped to IR8A |
Allowance | d)1.(iii) |
Allowance(without proration) | d)1.(iii) |
Basic Pay | a) |
Basic Pay(without proration) | a) |
Bonus | b) |
Commission (Daily/Weekly/Monthly) | d)2. |
Deduction | a) |
Deduction (from Net Salary) | a) |
Deduction (from Net Salary)(no SHG contribution) | a) |
Director fees | c) |
Extra Duty Allowance | d)1.(iii) |
Housing/ Rental Allowance | d)1.(iii) |
Incentive Allowance | d)1.(ii) |
Meal Allowance | d)1.(iii) |
Per Diem Allowance | d)1.(iii) |
Tips | d)1.(iii) |
Transport Allowance | d)1.(i) |
Ad Hoc Payment/Deduction Tab:
Pay Items | Mapped to IR8A |
Advance Pay | a) |
Allowance | d)1.(iii) |
Annual Wage Supplement | b) |
Backdated Salary | a) |
Backdated Salary Increment | a) |
Benefits in Kind | d)9. |
Bonus | b) |
Commission (Irregular) | d)2. |
Compensation for loss of employment | d)4.(v) |
Deduction | a) |
Deduction (from Net Salary) | a) |
Deduction (from Net Salary)(no SHG contribution) | a) |
Director fees | c) |
Extra Duty Allowance | d)1.(iii) |
Festive Allowance | d)1.(iii) |
Flexi-Benefit Childcare / Eldercare Fees For Dependants | d)9. |
Flexi-Benefit Dental Expenses For Dependants | d)9. |
Flexi-Benefit Gym Membership | d)9. |
Flexi-Benefit Health Screening & Vaccinations | d)9. |
Flexi-Benefit Holiday Expenses | d)9. |
Flexi-Benefit Medical Expenses For Dependants | d)9. |
Flexi-Benefit Optical Expenses | d)9. |
Flexi-Benefit Personal Insurance | d)9. |
Flexi-Benefit TCM / CHIRO/ PHYSIO | d)9. |
Gifts in Kind | d)9. |
Gratuity | d)4.(i) |
Gratuity paid for years of service | d)4.(i) |
Housing/ Rental Allowance | d)1.(iii) |
Incentive | d)1.(iii) |
Incentive Allowance | d)1.(iii) |
Leave Pay | a) |
Meal Allowance | d)1.(iii) |
NS Leave Claims Deduction | a) |
Onboarding Incentive | d)4.(iv) |
Others | d.4.(iv) |
Others(no gross) | d.4.(iv) |
Per Diem Allowance | d)1.(iii) |
Per Diem Reimbursement | a) |
Referral of Employees Fees | d.4.(iv) |
Reimbursements | a) |
Salary in lieu | d)4.(ii) |
Share Option Sale | d) 8 |
Termination Benefits | d)4.(ii) |
Tips | d)4.(iii) |
Transport Allowance | d)1.(i) |
After you're done checking through your pay items, the next step would be to submit the IR8A to IRAS.
Luckily, Talenox allows you to submit IR8A directly to IRAS from our platform. Tax season just got a lot more convenient! 😄