What are the Singapore Personal Income Tax Rates?

For Tax Residents Chargeable Income (S$)Tax Rate (%)Gross Tax Payable (S$)0 - 20,000 0 0 20,001 - 30,000 2 200 30,001 - 40,000 3.5 350 40,001 - 80,000 7 2,800 80,001 - 120,000 11.5 4,600 120,001 - 160,000 15 6,000 160,001 - 200,000 18 7,200 200,001 - 240,000 19 7,600 Above 320,000 22 Variable For Non-Residents Employment Income: 15% or progressive tax rates (whichever is higher). Director's Fees & Consultation Fees: 22%. Public Entertainers: 10%. Rental Income: 22% after allowable deductions.

What are Taxable Income for Foreigners?

Employment Income (Salary, bonuses, benefits-in-kind). Director's Fees. Professional Services Income. Rental Income from Singapore property. Public Performances Income.

What Tax Reliefs and Deductions are available for Foreigners?

For Tax Residents Earned Income Relief. Parent and Spouse Relief. CPF Contributions (tax-deductible). Course Fees Relief (up to S$5,500). For Non-Residents Generally not eligible for tax reliefs.

What Tax Exemptions are available for Foreigners?

Short-Term Employment (≤ 60 days): Exempt from tax. Double Tax Agreements (DTA): Reduced withholding tax rates.

What are the Penalties for Non-Compliance?

Late Filing: S$200 - S$1,000 fine. Late Payment: 5% penalty + 1% per month (up to 12%). Severe cases may face prosecution.

Guide to Singapore Personal Income Tax for Foreigners

Singapore is renowned for its business-friendly tax system, which attracts professionals, expatriates, and foreign investors. For foreigners working or earning income in Singapore, understanding the personal income tax rules is essential for compliance and effective financial planning.

Who is Considered a Foreigner for Tax Purposes?

A foreigner refers to any individual who is not a Singapore citizen or Permanent Resident.

Tax Residency Status

Tax Resident: Stayed or worked in Singapore for at least 183 days in a calendar year and taxed under progressive resident tax rates.
Non-Resident: Stayed or worked in Singapore for less than 183 days in a calendar year and taxed at flat rates.

Singapore Personal Income Tax Rates

For Tax Residents

Chargeable Income (S$)	Tax Rate (%)	Gross Tax Payable (S$)
0 - 20,000	0	0
20,001 - 30,000	2	200
30,001 - 40,000	3.5	350
40,001 - 80,000	7	2,800
80,001 - 120,000	11.5	4,600
120,001 - 160,000	15	6,000
160,001 - 200,000	18	7,200
200,001 - 240,000	19	7,600
Above 320,000	22	Variable

For Non-Residents

Employment Income: 15% or progressive tax rates (whichever is higher).
Director's Fees & Consultation Fees: 22%.
Public Entertainers: 10%.
Rental Income: 22% after allowable deductions.

Taxable Income for Foreigners

Employment Income (Salary, bonuses, benefits-in-kind).
Director's Fees.
Professional Services Income.
Rental Income from Singapore property.
Public Performances Income.

Tax Reliefs and Deductions

For Tax Residents

Earned Income Relief.
Parent and Spouse Relief.
CPF Contributions (tax-deductible).
Course Fees Relief (up to S$5,500).

For Non-Residents

Generally not eligible for tax reliefs.

Tax Exemptions

Short-Term Employment (≤ 60 days): Exempt from tax.
Double Tax Agreements (DTA): Reduced withholding tax rates.

How to File Personal Income Tax

Log in to IRAS myTax Portal with Singpass or IUA.
Declare all Singapore income and claim eligible reliefs.
Submit by April 15, 2025.

Penalties for Non-Compliance

Late Filing: S$200 - S$1,000 fine.
Late Payment: 5% penalty + 1% per month (up to 12%).
Severe cases may face prosecution.

How Apexia Corporate Advisory Can Help

Tax Filing Support: Assistance with accurate and timely filing of your tax returns.
DTA Advisory: Guidance on leveraging double taxation agreements for reduced tax liabilities.
Tax Planning Strategies: Minimize tax liabilities and maximise eligible tax relief.
Audit Support: Assistance in responding to IRAS queries or tax audits.

Get in touch

We focus on service quality and reliability. Our clients rely on us to assist them with local compliance.
Our expertise spans across Corporate Secretarial, Accountancy, Tax Returns, Tax Savings, Tax Advices, Payroll Services