Find general guidance about taxes when using Wise Interest or Stocks.
When you turn on Wise Interest or Stocks, you’re investing in units in a fund. If you’re a Singapore tax resident, though, there is likely no income tax or capital gains tax due from your use of Wise Interest.
If you're a sole trader using Interest or Stocks, the guidance above also applies to you, as sole traders are typically taxed as individuals in Singapore. However, special rules may apply if the investments aren’t held passively – in this case, we’d advise speaking to your own tax advisers.