Filing your income tax YA2010?

What is taxable?

Annuity (recurring annual payments)
Business income
Charge (alimony/maintenance payments)
Dividends
Employment income: Salary, bonus, directors, commission & other employment income
Employment income: Gains from exercise of stock options
Employment income: Retrenchment and retirement benefits
Estate/Trust income
Gains from sale of property, shares & financial instruments
Income received from overseas
Interest
Pension
Rent & Net Annual Value (NAV) from property
Royalty
Winnings (Toto, 4D...)
Withdrawal from Supplementary Retirement Scheme (SRS)

Ref: http://www.iras.gov.sg/irasHome/page.aspx?id=108

What Deductions can i file to save tax?

1.Expenses:
Employment expenses
Rental & Net Annual Value (NAV) expenses
Donations

2.Reliefs:
Course fees relief
CPF cash top-up relief
CPF/provident fund relief: For employees only
CPF/provident fund relief: For self-employed/employee who is also self-employed
Earned income relief
Foreign maid levy relief
Grandparent caregiver relief
Handicapped brother/sister relief
Life insurance relief
NSman (self/wife/parent) relief
Parent/handicapped parent relief
Qualifying/handicapped child relief
Supplementary Retirement Scheme (SRS) relief
Spouse/handicapped spouse relief NEW!
Working mother's child relief

3.Rebates:
Parenthood tax rebate
One-off personal tax rebate (for YA 2009)

Ref: http://www.iras.gov.sg/irasHome/page.aspx?id=110

to a better financial future