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:
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%.
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 $500 is granted to tax residents.
Chargeable Income
Income Tax Rate (%)
Gross Tax Payable ($)
First $120,000 Next $ 40,000
First $160,000 Next $ 40,000
- 17
13,950 6,800
First $200,000 Next $120,000
20,750 21,600
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.
You may also use the Tax Calculator for Resident Individuals (89 KB) to estimate your tax payable.
The employment income of non-residents is taxed at the flat rate of 15% or the progressive resident tax rates (see table above), whichever is the higher tax amount.
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.
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)
10% concessionary rate (No change)
See Tax for Non-Resident Public Entertainers
(d)
See Foreigners with Property in Singapore
(e)
See Withholding Tax on SRS
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.
77KB, XLS
79KB, XLS