Tax rates for resident individuals from YA 2013 to YA 2016
Chargeable Income | Rate (%) | Gross Tax Payable S$ |
---|---|---|
First S$20,000 | 0 | 0 |
Next S$10,000 | 2 | 200 |
First S$30,000 | - | 200 |
Next S$10,000 | 3.5 | 350 |
First S$40,000 | - | 550 |
Next S$40,000 | 7 | 2,800 |
First S$80,000 | - | 3,350 |
Next S$40,000 | 11.5 | 4,600 |
First S$120,000 | - | 7,950 |
Next S$40,000 | 15 | 6,000 |
First S$160,000 | - | 13,950 |
Next S$40,000 | 17 | 6,800 |
First S$200,000 | - | 20,750 |
Next S$120,000 | 18 | 21,600 |
First S$320,000 | - | 42,350 |
Above S$320,000 | 20 |