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Singapore tax rates table?


Singapore tax rates table?

For individual, the tax are graduated rate whereas for corporate it is 20% for YA 2006.

graduated tax rate means that your income are taxed at different rate at different level.

For YA 2006,
First 20,000 @ 0% - S$0.00
Next 10,000 @ 3.75% - S$375
First 30,000 - S$375
Next 10,000 @ 5.75% - S$575
First 40,000 - S$950
Next 40,000 @ 8.75% - S$3500
First 80,000 - S$4450
Next 80,000 @ 14.50% - S$11600
First 160,000 - S$16050
Next 160,000 @ 18% - S$28800
First 320,000 - S$44850
Excess over 320,000 @21%
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