Singapore’s personal income tax rates for resident taxpayers is progressive. This means higher income earners pay a proportionately higher tax, with the current highest personal income tax rate at 20%. With effect from YA 2017, the marginal tax rate will be raised to 22%, for those earning $320,000 & above per annum.
Need help filing your personal income tax online?
Rikvin can help you optimise your Singapore personal income tax filing done right. We also assist objecting Notice of Assessment, If you disagree with the tax assessment.
Benjamin has over 20 years of tax experience, spending more than 13 years working for the Big 4 accounting firms and being an in-house tax advisor. Benjamin has also worked with SMEs, multinational corporations, and publicly-listed companies from diverse industries, offering tax advisory and planning, corporate restructuring, M&A, business model optimization, tax ruling requests, tax incentives application, tax risk mitigation, and tax reporting services on complex projects.
