The Singapore individual income tax rates for YA 2022 are shown below. Singapore individual / personal income taxes are charged progressively (0% – 22%), based on your chargeable income. The chargeable income is your income plus any other personal income, minus all deductions, reliefs and rebates.
INDIVIDUAL TAX RATES FROM YA 2024 ONWARDS | |||
---|---|---|---|
Chargeable Income | Income Tax Rate (%) | Gross Tax Payable ($) | |
First $20,000 Next $10,000 |
0 2 |
0 200 |
|
First $30,000 Next $10,000 |
– 3.50 |
200 350 |
|
First $40,000 Next $40,000 |
– 7 |
550 2,800 |
|
First $80,000 Next $40,000 |
– 11.5 |
3,350 4,600 |
|
First $120,000 Next $40,000 |
– 15 |
7,950 6,000 |
|
First $160,000 Next $40,000 |
– 18 |
13,950 |
|
First $200,000 Next $40,000 |
– 19 |
21,150 7,600 |
|
First $240,000 Next $40,000 |
– 19.5 |
28,750 7,800 |
|
First $280,000 Next $40,000 |
– 20 |
36,550 8,000 |
|
First $320,000 Next $180,000 |
– 22 |
44,550 39,600 |
|
First $500,000 Next $500,000 |
– 23 |
84,150 115,000 |
|
First $1,000,000 In excess of $1,000,000 |
– 24 |
199,150 |
INDIVIDUAL TAX RATES OF TAX FOR YA 2017 to YA 2023 | |||
---|---|---|---|
Chargeable Income | Income Tax Rate (%) | Gross Tax Payable ($) | |
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 |
80,000 40,000 |
– 11.5 |
3,350 4,600 |
On the first On the next |
120,000 40,000 |
– 15 |
7,950 6,000 |
On the first On the next |
160,000 40,000 |
– 18 |
13,950 7,200 |
On the first On the next |
200,000 40,000 |
– 19 |
21,150 7,600 |
On the first On the next |
240,000 40,000 |
– 19.5 |
28,750 7,800 |
On the first On the next |
280,000 40,000 |
– 20 |
36,550 8,000 |
On the first In excess of |
320,000 320,000 |
– 22 |
44,550 |
Please refer to our personal income tax calculator or feel free to contact us if you are unsure of how to file your personal income tax.
Calculate your personal income tax with our Free online tax calculator