Tax Rates for Resident and Non-Residents

 

Income tax rates depend on an individual's tax residency status. You will be treated as a tax resident for a particular Year of Assessment (YA) if you are a: 

  1. Singapore Citizen (SC) or Singapore Permanent Resident (SPR) who resides in Singapore except for temporary absences; or
  2. Foreigner who has stayed / worked in Singapore (excludes director of a company) for 183 days or more in the previous year. i.e. the year before the YA.

Otherwise, you will be treated as a non-resident of Singapore for tax purposes.

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%.

Resident Tax Rates

From YA 2017

Chargeable IncomeIncome Tax 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 $40,000

-
15

7,950
6,000

First $160,000
Next $40,000

-
18

13,950
7,200

First $200,000
Next $40,000

-
19

21,150
7,600

First $240,000
Next $40,000

-
19.5

28,750
7,800

First $280,000
Next $40,000

-
20

36,550
8,000

First $320,000
In excess of $320,000

-
22

44,550

For YA 2017, a Personal Tax Rebate of 20% of tax payable, up to maximum of $500 is granted to tax residents. 

For YA 2013 to YA 2016

Chargeable Income

Income Tax 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 $ 40,000

-
15

7,950
6,000

First $160,000
Next $ 40,000

-
17

13,950
6,800

First $200,000
Next $120,000

-
18

20,750
21,600

First $320,000
 In excess of $320,000

-
20

42,350

For YA 2015, a Personal Tax Rebate of 50% of tax payable, up to maximum of $1,000 was granted to tax residents. 

For YA 2013, a Personal Tax Rebate of up to a maximum of $1,500 was granted to tax residents 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.

Please refer to How to Calculate Your Tax for more details.

You may also use the Tax Calculator for Resident Individuals (77KB) to estimate your tax payable.

Tax Rates for Non-Residents

Taxes on Employment Income

The employment income of non-residents is taxed at flat rate of 15% or the progressive resident tax rates (see table above), whichever is a higher tax amount.

Taxes on Director's fee, Consultation fees and All Other Income

From YA 2017, the tax rates for non-resident individuals (except certain reduced final withholding tax rates) has been raised from 20% to 22% . This is to maintain parity between the tax rates of non-resident individuals and the top marginal tax rate of resident individuals.

 Type of Income

Non-resident individual tax rate / withholding tax rate from YA 2017

(a)

Director's remuneration 

22%

See Tax Obligations for Non-Resident Directors

(b)

Income derived from activity as a non-resident professional (consultant, trainer, coach, etc.) 

15% of gross income or 22% of net income

See Taxable Income of Non-Resident Professionals

 

(c)

Income derived from activity as a non-resident public entertainer (artiste, musician, sportsman, etc.)

10% concessionary rate (No change)

See Tax for Non-Resident Public Entertainers

 

 

(d)

Other income e.g. property rental income

22%

See Foreigners with Property in Singapore

(e)

SRS withdrawal by a non-citizen SRS member

22%

See Withholding Tax on SRS

(f)

Interest, royalty etc. 

Reduced final withholding tax rate (subject to conditions) as follows:
Interest: 15% 
Royalty: 10%

OR

22% if reduced final withholding tax rate is not applicable.

See Withholding Tax Rates for Individuals (262KB)

 

You may use the Tax Calculator for Non-Resident Individuals (79KB) to estimate your tax payable.

 


 

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