What are the individual income tax rates in 2020 according to IRAS?
Personal income tax in Singapore for resident taxpayers is progressive from zero to a maximum of 22%. These means the higher the personal income, the higher your tax bracket falls into. The threshold of max tax is $320,000. After that, its flat rate is 22%.
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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.