FAQs / What is the Singapore income tax rate?

The Singapore individual income tax rates for YA 2013 and onwards are shown below. Singapore individual / personal income taxes are charged progressively (0% – 20%), based on your chargeable income. The chargeable income is your income plus any other personal income, minus all deductions, relief’s and rebates.

Year of Assessment 2013 onwards
Chargeable Income Rate (%) Gross Tax Payable ($)
On the first
On the next
20,000
10,000
0
2
0
200
On the first
On the next
30,000
10,000

3.5
200
350
On the first
On the next
40,000
40,000

7
550
2,800
On the first
On the next
On the next
80,000
40,000
40,000

11.5
15
3,350
4,600
6,000
On the first
On the next
On the next
160,000
40,000
120,000

17
18
13,950
6,800
21,600
On the first
In excess of
320,000
320,000

20
42,350

Posted in: Personal Tax FAQs

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