Individuals with an income of more than SGD 22,000 are required to file their Income Tax Returns in Singapore.\u00a0 A non-resident who derives income from Singapore is required to file his Income Tax Return regardless of his income earned.<\/p>\n
However, if an individual receives a notification from the Inland Revenue Authority of Singapore (\u201cIRAS\u201d) to file a tax return, he should do so regardless of the income he earned in the preceding year.\u00a0 If he fails to file his income tax return by the due date, the IRAS will take enforcement actions. \u00a0In addition, the IRAS may issue a Notice of Estimated Assessment based on information provided in the past years of assessment.<\/p>\n
Income is chargeable to tax is on a preceding year basis.<\/p>\n
For example, Year of Assessment (\u201cYA\u201d) 2022 refers to the income earned in the year 2021.<\/p>\n
The tax filing due dates are 15 April (paper-filing) or 18 April (electronic-filing) each year.<\/p>\n
An individual is regarded as a Singapore tax resident if he is:<\/p>\n
For foreigners working in Singapore, they may be regarded as Singapore tax residents if the two-year or three-year IRAS administrative concession applies.<\/p>\n
A resident individual is taxed on his chargeable income (assessable income less personal relief) based on progressive tax rates ranging from 0% for the first SGD 20,000 to 22% in excess of SGD 320,000.<\/p>\n
Employment income of a non-resident individual is taxed at a flat rate of 15% or at resident tax rates, whichever results in a higher tax liability. Other income of a non-resident individual is generally taxed at 22% unless specifically exempt or subject to a reduced treaty rate. The non-resident individual is not entitled to personal tax reliefs.<\/span><\/p>\n \u00a0<\/span>A non-resident individual who exercises employment in Singapore for 60 days or less in a year is exempt from income tax.\u00a0 This does not apply to a director of a company, a public entertainer or a professional.<\/span><\/p>\n\u00a0<\/span>Type of Tax Returns<\/span><\/u><\/b><\/h6>\n