Resident individuals are taxed on a progressive tax rate basis from 0% to 20%. Non-resident individuals are taxed at 15% or the progressive tax rates, whichever results in a higher tax amount.
Personal Income Tax
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:
- Singapore Citizen or Singapore Permanent Resident who resides in Singapore except for temporary absences; or
- 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 YA.
Otherwise, you will be treated as a non-resident of Singapore for tax purposes.
Pricing for Personal Income Tax Services:
