The Personal Income Tax Rate in Singapore stands at 22 percent. Personal Income Tax Rate in Singapore averaged 21.32 percent from 2004 until 2025, reaching an all time high of 24.00 percent in 2023 and a record low of 20.00 percent in 2006. source: Inland Revenue Authority of Singapore



Related Last Previous Unit Reference
Corporate Tax Rate 17.00 17.00 percent Dec 2025
Personal Income Tax Rate 24.00 24.00 percent Dec 2025
Sales Tax Rate 9.00 8.00 percent Dec 2025
Social Security Rate 37.00 37.00 percent Dec 2025
Social Security Rate For Companies 17.00 17.00 percent Dec 2025
Social Security Rate For Employees 20.00 20.00 percent Dec 2025
Withholding Tax Rate 15.00 15.00 percent Dec 2025


Singapore Personal Income Tax Rate
In Singapore, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Singapore.
Actual Previous Highest Lowest Dates Unit Frequency
24.00 24.00 24.00 20.00 2004 - 2025 percent Yearly