Tag Archives: Singapore Income tax rates

Income Tax Rates 08

I guess many of you have started to received your Income Tax bill. The tax rates is the same for every tax resident in Singapore.
You are treated as a tax residents for a particular Year of Assessment (YA) if you are a:

  • Singaporean; or
  • Singapore Permanent Resident (SPR) 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 for a particular YA for Singapore tax purposes.
You may check out how your taxes is calculated and the Tax Rates by clicking here>>>

You may also download this useful tax calculator to calculate your taxes. You must enter the similar amount of income and reliefs that you have submitted to the Tax Authority to get an accurate  estimates of your taxes. Download the Tax Calculator>>>

Singapore Citizens with two children will get a $10,000 Tax Rebates but you must apply to the Tax Authority to enjoy this rebates.
Please visit IRAS for more info>>>


Income Tax Filing

Iras It is time to starting filing Income Tax again. Please start to do your Income Tax filing as the deadline approaches. Hardcopy filing must be done by 15 April 2008 while e-filing must be done by 18 April 2008.
It is easy to do e-filing online. You only need a Sing Pass or a IRAS pin given to u when you recieve the notification to do e-filing. Remember to print out the acknowledgement page after you finish the e-filing. This is proof that you have done your e-filing.
Visit IRAS now to start your e-filing>>>
Check the Income Tax Rates>>>