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What is Taxable, What is Not

Understand the types of income sources you have to pay tax on.
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Taxable and Non-Taxable Income

All income earned in or derived from Singapore is chargeable to income tax.

Generally, overseas income received in Singapore on or after 1 Jan 2004 is not taxable, except in some circumstances. Please refer to Overseas Income Received in Singapore for more details.

Income earned may come from different sources such as:

  • Employment
  • Trade, Business, Profession or Vocation
  • Property or Investments
  • Other Sources (e.g. annuities, royalties, winnings or estate or trust income)

To learn more, select the relevant link to find out what is taxable and what is not.

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Income from Employment

See also:

FAQs on Tax Treatment of Employee Remuneration (Allowances, Benefits-in-kind)

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Income from Trade, Business, Profession or Vocation 

Income Received in the Form of Government Grants:

These Government grants are taxable in the Year of Assessment when the payouts are received. Only PIC Bonus and Wage Credit Payout will be auto-included in the tax return for self-employed taxpayers.

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Income from Property or Investments

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Other Sources of Income

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