CCS

Income Tax Treatment of Wage Subsidy Programmes

1. We would like to remind taxpayers who receive the grant and/or subsidy: πŸ‘‰ to pay attention to how the grant and/or subsidy are treated πŸ‘‰ since the Subsidy Wages that employers get under the Wage Subsidy Programs are a kind of government assistance. 2. Taxpayers are exempt from tax under the Income Tax (Exemption) […]

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