SINGAPORE — Well-known undertaker Roland Tay Hai Choon was fined S$12,000 and ordered to pay a penalty of more than S$529,000 for tax offences by a court on Thursday (Sept 5).
SINGAPORE — Well-known undertaker Roland Tay Hai Choon was fined S$12,000 and ordered to pay a penalty of more than S$529,000 for tax offences by a court on Thursday .Roland Tay, 77 , known for providing pro-bono funeral arrangements for murder victims, pleaded guilty to four charges under the Income Tax Act or GST Act for making incorrect personal income tax returns and failing to register for GST.
Pang filled in the Form B for YA2011 and YA2012, and Tay signed and filed them with the Inland Revenue Authority of Singapore . For YA2012, he reported an income of S$138,976 when his actual income was S$583,239. This resulted in S$83,551.80 of tax being undercharged. Investigations revealed that the total value of the businesses' taxable supplies for four consecutive quarters exceeded S$1 million on June 30, 2010.
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