The Singapore individual income tax rates for YA 2019 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 OF TAX FOR YEAR 2018 (YEAR OF ASSESSMENT 2019) | |||
|---|---|---|---|
| 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 |
Source: IRAS
