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The new and intuitive official website of Income Tax Department which deals with e-Filing of returns/forms and other related functionalities.
myTax Portal is a secured, personalised portal for you to view and manage your tax transactions with IRAS, at your convenience.
Basics of Individual Income Tax. Tax residency and tax rates. Individual Income Tax rates. Share: Income tax rates depend on an individual's tax residency status. Find out the income tax rate that is applicable to you. On this page: Resident tax rates. Non-resident tax rates. Related Content.
Personal Income Tax. It is the Government’s policy to keep our Personal Income Tax regime competitive and progressive. This encourages employment, innovation and enterprise, while ensuring that higher-income earners pay higher taxes.
Mar 13, 2024 · Personal Income Tax amounted to $17.53 billion in 2023, accounting for nearly 17% of the Singapore government’s revenues. This is a significant source of income for the government, and the second-largest behind Corporate Income Tax. Like many other countries, Singapore employs a progressive personal income tax system.
Basics of Individual Income Tax. For Employees, Self-Employed Persons, Sole-Proprietors, Partnerships and other individuals who may be Singapore Citizens (SCs), Singapore Permanent Residents (SPRs) or Foreigners, and Employers.
