Learn about Singapore Individual or Personal Income Tax for Tax Residents and Non-Residents - provided and presented by Aspire CS Pte Ltd. Find out about tax rates for Singapore Tax Residents and Non-Resident individuals.

1. SINGAPORE INDIVIDUAL / PERSONAL INCOME TAX
Aspire CS is dedicated to assisting our individual clients. Just as there is no average tax
return, there is no average client.
We have drawn the following information relating to individual taxation that you may find
useful. If you are interested in any area that is not covered, please contact us. Just email us
at admin@aspire.com.sg.
Singapore Tax Residents
Different tax rates apply for tax residents and non-residents. You will be treated as a tax
resident for a particular Year of Assessment (YA) if you are a:
 Singaporean; or
 Singapore Permanent Resident if you have established your permanent home in
Singapore; or
 Foreigner who stayed / worked in Singapore for 183 days or more in previous year
(excludes director of a company).
Otherwise, you will be treated as a non-resident of Singapore for tax purposes.
Tax rates for Singapore tax resident individuals (From Year 2011 onwards)
Chargeable Income Rate Gross Tax
Payable
First $ 20,000
Next $ 10,000
0%
2%
$ 0
$ 200
First $ 30,000
Next $ 10,000
-
3.50%
$ 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

2. Non-resident Individuals
Your employment income is taxed at 15% or resident rate, whichever gives rise to a higher
tax amount. The director's fees, consultation fees and all other income that you received
will be taxed at 20%. Payments such director's fees may be subject to Singapore withholding
tax.
Help and Advice
Aspire CS Pte Ltd provides reliable and affordable services in Singapore which include
accounting, bookkeeping, payroll, corporate tax services and individual income tax services.
Our work processes are designed to be efficient and cost-effective. Our aim is to relieve you
of the burdens of statutory compliance and enable you to focus on running and growing
your business. Contact us now so we can discuss your requirements; Email us today at
admin@aspire.com.sg.
For more information, visit:
Aspire CS Pte Ltd
50 Raffles Place, #25-03 Singapore Land Tower, Singapore 048623
Telephone : (65) 6230 9673
Fax : (65) 6536 1360
Email : admin@aspire.com.sg
Website: http://www.aspire.com.sg/