Income Tax Treatment of Wage Subsidy Programmes
1. We would like to remind taxpayers who receive the grant and/or subsidy: ๐ to pay attention to how the grant and/or subsidy are treated ๐ 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) […]