Income Tax Rates After 2025 2030. Similarly, our next $10,000 will be taxed at 3.5%, and so on. Hence, your effective income tax rate will always be lower than the income tax bracket that you fall within.

Our income tax guide covers everything you need about singapore’s income tax system, including rates, deductions, and essential deadlines. Chargeable income in singapore is your total taxable income minus deductible expenses and applicable reliefs.