Tax brackets for Individuals
for YA 2007
|
|
Chargeable
Income ($)
|
Rate
(%)
|
Gross
Tax Payable ($)
|
|
On the first
On the next
|
20 000
10 000
|
0
3.50
|
0.00
350.00
|
|
On the first
On the next
|
30 000
10 000
|
5.50
|
350.00
550.00
|
|
On the first
On the next
|
40 000
40 000
|
8.50
|
900.00
3,400.00
|
|
On the first
On the next
|
80 000
80 000
|
14
|
4,300.00
11,200.00
|
|
On the first
On the next
|
160 000
160 000
|
17
|
15,500.00
27,200.00
|
|
On the first
Above
|
320 000
320 000
|
20
|
42,700.00
|
|
|
|
|
|
|
|
|
|
|
|
10 Anson Road
#10-17 International Plaza
Singapore 079903
Tel: +6562209303
|
|