Personal Tax Rebate for YA2013

For the Year of Assessment (YA) 2013, all tax residents will receive an income tax rebate of up to $1,500. 

Rebate for Tax Residents

For YA 2013, all tax residents will receive an income tax rebate of up to $1,500 . 

You will be treated as a tax resident for a particular YA if you are:

  1. A Singapore Citizen who normally resides in Singapore except for temporary absences; or  
  2. A Singapore Permanent Resident (SPR) who has established a permanent home in Singapore; or
  3. A foreigner who has stayed / worked in Singapore (excluding director of a company) for 183 days or more in the previous year, i.e. year before the YA.

 

Amount of Tax Rebate

The tax rebate is calculated based on the following:

  1. the amount of  tax payable after double taxation relief (DTR) and other credits; and
  2. the amount of tax payable before offsetting the Parenthood Tax Rebate.

The tax rebate is based on the age of individual taxpayer and capped at $1,500. Please see the table below for more details. 

Age as at 31 Dec 2012  Tax Rebate
 Below 6030% 
 60 and above50% 

 

Applying for Tax Rebate

You do not need to apply for this rebate. IRAS will compute and grant the rebate automatically to all tax residents.

RATE THIS PAGE

  • Strongly Disagree
  • Strongly Agree

Information is easy to understand.

Information is useful.

Information is easy to find.

 
Please email us if you would like us to respond to your enquiries.