If you are issued with a work pass that is valid for at least one year, you will be treated as a tax resident of Singapore upfront. This means that upon you receiving the work pass, you will be considered a Singapore tax resident. However, if you stay in Singapore for less than 183 days, you will be regarded as a non-tax resident. This means that you will be a tax resident in the country in which you are residing.

If you are a Singapore tax resident, you will pay the resident tax rates:

 

Chargeable Income Income Tax Rate (%) Gross Tax Payable ($)
First $20,000
Next $10,000		 0
2		 0
200
First $30,000
Next $10,000		 –
3.50		 200
350
First $40,000
Next $40,000		 –
7		 550
2,800
First $80,000
Next $40,000		 –
11.5		 3,350
4,600
First $120,000
Next $40,000		 –
15		 7,950
6,000
First $160,000
Next $40,000		 –
18		 13,950
7,200
First $200,000
Next $40,000		 –
19		 21,150
7,600
First $240,000
Next $40,000		 –
19.5		 28,750
7,800
First $280,000
Next $40,000		 –
20		 36,550
8,000
First $320,000
In excess of $320,000		 –
22		 44,550

 

If you are a non-resident (less than 183 days residing in Singapore)

Your employment income will be taxed at a flat rate of 15% or the progressive resident rates, whichever is higher. You will also not be eligible to tax reliefs and director’s fees and other income such as rent earned in or derived from Singapore will be taxed at the prevailing rate of 22%.

 

When in doubt, seek legal advice or consult an experienced ACRA Filing Agent.

Yours Sincerely,
The editorial team at Singapore Secretary Services

For more useful articles and videos, visit the Singapore Secretary Services resource page.

 

Related articles:

Common Tax Reliefs that will help to reduce the tax bill for New Start-Up Companies

Common Tax Reliefs that will help to reduce the tax bill for Companies

How to file corporate tax returns for companies

What are the consequences for late filing or non filing of Corporate Income Tax Returns?

Do I need to pay corporate tax on income that is derived outside of Singapore?

How much do I have to pay in taxes as a start up company in Singapore?

Can I pay myself dividends instead of salary and save on taxes?

All about the Singapore tax system and tax rates

An overview of Withholding Tax in Singapore

A guide to Corporate Tax in Singapore