The Singapore individual income tax rates for YA 2022 are shown below. Singapore individual / personal income taxes are charged progressively (0% –
Frequently Asked Questions : Taxation & Accounting | Singapore Personal Income Tax
What is the Stamp Duty Tax for Property Transfer in Singapore?
The Stamp Duty Tax for property transfer in Singapore is as follows: Value of property Rate (%) First S$180,000 1.0 Next
When is personal overseas income taxable?
Income from overseas is taxable in the following scenarios: It is received in Singapore through partnerships established in Singapore Your
What is the annual set date for filing individual / personal income tax in Singapore?
The due date or deadline for filing individual taxes or personal income tax is 15 April each year. Late filing or failing to file at all could incur
What is the individual taxation scheme for non-residents?
Non-residents are taxed at a flat rate of 15%.
What is service income and what does it constitute?
Any income earned by providing technical, consulting or other professional services as a part of their trade, profession or business is considered as
What are the personal taxes that I will have to pay based on my declared salary?
As a Singapore Permanent Resident (SPR), you will be considered a tax resident. You may refer to the Rikvin resource page for Singapore Personal Taxes
I am engaged by a foreign consulting firm to render my services in Singapore. Will my consultation fees be taxed in Singapore if the fees are paid to me outside Singapore?
Yes. You are liable to pay Singapore tax for the professional services rendered in Singapore. It does not matter where you are paid.
I am invited by a government body/Ministry in Singapore to conduct seminars/workshops in Singapore. Is my income taxable?
You will be taxed on the income derived from Singapore unless it is exempted from tax.
Is personal overseas income taxable?
Under the normal scenario, personal overseas income received in Singapore is not taxable. This includes overseas income paid into a Singapore bank
How to declare the personal income earned overseas?
Overseas taxable income is reported as “Employment Income” or “Other Income” when you file your personal annual tax returns. If it is not taxable, you
How are fringe benefits taxed?
Employer-provided fringe benefits are taxed in the employee's hands. As a number of benefits are taxed on a concessionary basis in Singapore, it is