@ASHOKPRIYADHARSHANV annum Income tax rate under S$500,000 is at 22%
@beppi Thank you very much. A straight forward answer, which is what I have expected... Thank you so so much...
@beppi Plus one more query, is there any tax savings options available for expats , while submitting the year end declaration?
@ASHOKPRIYADHARSHANV donations to Govt registered and recognised charities, some give you 2.5x rebate on taxation.
@Shekhz Thank you very much for your answer...
@beppi Plus one more query, is there any tax savings options available for expats , while submitting the year end declaration?
- @ASHOKPRIYADHARSHANV
@beppi Thank you... I will check in IRAS website...
@beppi I understand for expats there won't be any CPF deductions... right? In that case , how much tax rates are applicable towards year end. I mean , do we have tax slabs or is it flat tax rates? please confirm.
@ShBhardwaj Whether you need to contribute to CPF depends on your personal situation and visa.
A table of income tax rates, and explanations on who is taxed how, is available on the IRAS webpage.
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