SG1.5.1ÌýÌýÌýÌý Income tax
Tax residents
Singapore's personal income tax rates for resident taxpayers are progressive. This means higher income earners pay a proportionately higher tax, with the current highest personal income tax rate at 22%.
The current rates can be found at the IRAS website.
From the YA 2017 onwards, the progressive income tax rates are as follows (additional rates from YA 2024 are presented in the second table):
| Chargeable income (SGD) | Income tax rate (%) | Gross tax payable (SGD) |
First SGD 20,000
Next SGD 10,000 | 0
2% | SGD |
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Web page updated on 28 Aug 2024 12:14