Tax Rates

The total income of a resident individual is taxed on a sliding scale as follows:

 
Income tax rates (for the calendar year 2016 for tax residents)
From SGD To SGD Tax Rate
0 $20,000 0%
$20,001 $30,000 2%
$30,001 $40,000 3.5%
$40,001 $80,000 7%
$80,001 $120,000 11.5%
$120,001 $160,000 15%
$160,001 $200,000 18%
$200,001 $240,000 19%
$240,001 $280,000 19.5%
$280,001 $320,000 20%
Above $320,000   22%

The income of a non-resident individual will be taxed at the highest of 15% or the progressive tax rate.

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