Personal Tax Rates
Income | Tax Rate |
---|---|
Tax rate on first 20,000 | 0% |
Tax rate on next 10,000 | 2% |
Tax rate on next 10,000 | 3.5% |
Tax rate on next 40,000 | 7% |
Tax rate on next 40,000 | 11.5% |
Tax rate on next 40,000 | 15% |
Tax rate on next 40,000 | 17% |
Tax rate on next 120,000 | 18% |
Tax rate on above 320,000 | 20% |
Tax rate on capital gains | 0% |
Tax rate on income earned overseas | 0% |
Tax rate on dividends received from Singapore company | 0% |