Personal Income Tax

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robin37
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Personal Income Tax

Post by robin37 » Thu, 28 Sep 2006 8:11 pm

Hello,

I have looked at ther link regarding Income Tax but would like clarification from anyone who has Singaporean experience.
If I was on a salary of say S$150,000 would that still be 15% or is it a progressive scale tax.

Sorry if it is obvious elsewhere.

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sundaymorningstaple
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Re: Personal Income Tax

Post by sundaymorningstaple » Fri, 29 Sep 2006 12:52 am

robin37 wrote:Hello,

I have looked at ther link regarding Income Tax but would like clarification from anyone who has Singaporean experience.
If I was on a salary of say S$150,000 would that still be 15% or is it a progressive scale tax.

Sorry if it is obvious elsewhere.
If it's your first calendar year in Singpore and you are here a total of less than 183 days, you will be taxed at 15%. If you are here more than 183 days, you will be taxed at resident rates (graduated). There are some other technicalities here and there but that's the major jist of it.

The Inland Revenue Link provided below will spell out the finer points:

http://www.iras.gov.sg/ESVPortal/iit/ii ... gapore.asp

sms
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