Singapore income tax rate
- how much should i pay income tax
- how much should i pay for taxes
- how much will i pay income tax
- how much should i pay for federal taxes
Income tax singapore
Singapore income tax calculator.
Federal income tax rates and brackets
You pay tax as a percentage of your income in layers called tax brackets. As your income goes up, the tax rate on the next layer of income is higher.
When your income jumps to a higher tax bracket, you don't pay the higher rate on your entire income.
You pay the higher rate only on the part that's in the new tax bracket.
2024 tax rates for a single taxpayer
For a single taxpayer, the rates are:
| Tax rate | on taxable income from .Singapore income tax calculator for foreigners. . | up to . . . |
|---|---|---|
| 10% | $0 | $11,600 |
| 12% | $11,601 | $47,150 |
| 22% | $47,151 | $100,525 |
| 24% | $100,526 | $191,950 |
| 32% | $191,951 | $243,725 |
| 35% | $243,726 | $609,350 |
| 37% | $609,351 | And up |
Here’s how that works for a single person with taxable income of $58,000 per year:
2024 tax rates for other filers
Find the current tax rates for other filing statuses.
| Tax rate | on taxable income from .Singapore income tax for foreigners . . | up to . . . |
|---|---|---|
| 10% | $0 | $23,200 |
| 12% | $23,201 | $94,300 |
| 22% | $94,301 | $201,050 |
| 24% | $201,051 | $383,900 |
| 32% | $383,901 | $487,450 |
| 35% | $487,451 | $731,200 |
| 37% | $731,201 | And u
|