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    Jha Niz
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    This document outlines the different types of tax residency statuses in Singapore and their corresponding tax rates. It provides 6 types of tax residency classifications - RC, NRC, OCW, RA, NRA-ETB, and NRA-NETB - and notes their sources of income and applicable tax rates of 0-35%. It also shows the personal income tax rates in Singapore for annual income brackets between 2018-2022 and rates starting in 2023. Tax rates range from 0% to 35% depending on the income bracket.

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    taxpayers.xlsx

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    This document outlines the different types of tax residency statuses in Singapore and their corresponding tax rates. It provides 6 types of tax residency classifications - RC, NRC, OCW, RA, NRA-ETB, and NRA-NETB - and notes their sources of income and applicable tax rates of 0-35%. It also shows the personal income tax rates in Singapore for annual income brackets between 2018-2022 and rates starting in 2023. Tax rates range from 0% to 35% depending on the income bracket.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    6 views1 page

    Taxpayers

    Uploaded by

    Jha Niz
    This document outlines the different types of tax residency statuses in Singapore and their corresponding tax rates. It provides 6 types of tax residency classifications - RC, NRC, OCW, RA, NRA-ETB, and NRA-NETB - and notes their sources of income and applicable tax rates of 0-35%. It also shows the personal income tax rates in Singapore for annual income brackets between 2018-2022 and rates starting in 2023. Tax rates range from 0% to 35% depending on the income bracket.

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    of 1

    TYPE SOURCES OF TI TAX BASE TAX RATE

    1 RC w/i and w/o NI 0-35%


    2 NRC w/i NI 0-35%
    3 OCW w/i NI 0-35%
    4 RA w/i NI 0-35%
    5 NRA-ETB w/i NI 0-35%
    6 NRA-NETB w/i GI 35% final wtax

    annual income Jan 1, 2018 to Dec. 31, 2022 2023 onwards


    1 250k and below 0% 0%
    2 over 250k to 400k 20% of excess over 250k 15% of excess over 250k
    3 over 400k to 800k 30k + 25% of excess over 400k 22.5k + 20% of excess over 400k
    4 over 800k to 2M 130k + 30% of excess over 800k 102.5k + 25% of excess over 800k
    5 over 2M to 8M 490k + 32% of excess over 2M 402.5k + 30% of excess over 800k
    6 above 8M 2.41M + 35% of excess over 8M 2.2025M + 35% of excess over 8M

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