Income Tax Rate in Singapore

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 who normally resides in Singapore except for temporary absences; or
2. Singapore Permanent Resident (SPR) who has established your permanent home in Singapore; or
3. 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.

Resident Tax Rates

For YA 2012 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 Above $320,000	- 20	42,350

Resident Tax Rates

For YA 2012 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 Above $320,000	- 20	42,350

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

Director's fees, consultation fees and all other income, are generally taxed at 20%.

From YA 2017 ^New!

The tax rates for non- resident individuals (except certain reduced final withholding tax rates) will be raised to 22% from YA 2017. 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

(according to IRAS, all the information is copied on 26 Jul 2015)