Singapore Income Tax Rates...

 

Different tax rates apply for tax residents and non-residents. You will be treated as a tax resident for a particular Year of Assessment (YA) if you are a:

 

Singaporean; or

Singapore Permanent Resident (SPR) if you have established your permanent home in Singapore; or

Foreigner who stayed/worked in Singapore for 183 days or more in previous year (excludes director of a company).

 

 

Different tax rates apply for tax residents and non-residents. You will be treated as a tax resident for a particular Year of Assessment (YA) if you are a:

 

Singaporean; or

Singapore Permanent Resident (SPR) if you have established your permanent home in Singapore; or

Foreigner who stayed/worked in Singapore for 183 days or more in previous year (excludes director of a company).

From YA 2012 onwards

Chargeable Income	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 nbsp; 40,000	- 15	7 950 6 000
First $160,000 Next nbsp; 40,000	- 17	13 950   6 800
First $200,000 Next $120,000	- 18	20 750 21 600
First $320,000 Above $320,000	- 20	42 350

For YA 2013, a personal tax rebate of up to a maximum of $1,500 is granted as follows:
30% rebate for taxpayers below 60 years of age as at 31 Dec 2012
50% rebate for taxpayers 60 years of age & above as at 31 Dec 2012