Tagged as: Singapore personal income tax rates
How to Reduce Personal Tax while Saving for the Future
To date, personal and business expenditures continue to escalate in the Lion City. With this in mind, Singapore’s working population is increasingly becoming more concerned about retirement planning. ... continue reading
Singapore Emerges as the Most Expensive City for Expats in Southeast Asia
However, this may not be a bad thing as the city is also the region’s most preferred city for business and leisure, says Rikvin ... continue reading
Fitch’s Ratings Bode Well for Singapore Businesses
Fitch’s recent positive ratings of Asia’s economy vis-a-vis Eurozone’s will bode well for businesses in Singapore, says Rikvin. According to recently released data from Fitch Ratings, Asian economies have better immunity to Eurozone’s fiscal issues than other regions as they have 1) limited exposure to European banks and 2) are more dependent on trade of … continue reading
Singapore is White and Signs are Bright
Singapore made its way to the “White List” ( a list of jurisdictions deemed to have substantially implemented OECD standard for transparency and exchange of information) maintained by the Organisation for Economic Co-operation and Development (OECD) after signing a 12th bilateral information sharing agreement with the French Government. The OECD requires a country to seal 12 … continue reading
Singapore an Ally to High Income Brackets
Singapore has the third highest rates of personal income tax amongst all the countries surveyed (with the exception of Switzerland) in the latest Individual Income Tax and Social Security Rate Survey. KPMG has recently studied the personal income tax rates globally and noted an interesting find; as most countries increase personal income tax rates to … continue reading