All You Need To Know Personal Income Tax Rates For SG Tax Residents YA 2021Posted by John Rikvin on December 17th, 2020 Personal income tax in Singapore for resident taxpayers is progressive from zero to a maximum of 22%. This means the higher the personal income, the higher your tax bracket falls into. The threshold of the max tax is 0,000. After that, its flat rate is 22%. It is mandatory under law to file for your annual personal tax returns to IRAS by 15 April of every year. IRAS diligently enforces the requirements relating to the filing of the personal tax. Please comply to avoid paying fines and/or court prosecution. Thhis infographic has been originally uploaded at Rikvin Pte. Ltd.
Need assistance filing your Personal Income Tax online?Rikvin can help you optimise your Singapore personal income tax filing done right. We also assist objecting Notice of Assessment If you disagree with the tax assessment. Like it? Share it! More by this author |
