Personal Income Tax Rate Table For Year Of Assessment 2013

For Tax Residents

Chargeable Income Tax Rate Gross Tax Payable (S$)
First $20,000
Next $10,000
0%
2%
0
200
First $30,000
Next $10,000

3.5%
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

The government has announced that a personal income tax rebate will be granted to all resident taxpayers in YA 2013:

  • Resident taxpayers aged below 60 years as at 31 December 2012 – 30% tax rebate capped at S$1,500
  • Resident taxpayers aged 60 and above as at 31 December 2012 – 50% tax rebate capped at S$1,500

For non-tax residents, their Singapore sourced incomes are taxed at a flat 15% and 20% for employment income and all other types of income respectively.