facebookHow do we know the bracket of income tax we will belong to for 2021? (Let’s take 2021 for sake of discussion since it’s the filing period is already here for 2020’s taxes)? - Seedly

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Josh

16 Apr 2020

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How do we know the bracket of income tax we will belong to for 2021? (Let’s take 2021 for sake of discussion since it’s the filing period is already here for 2020’s taxes)?

Have there been changes in recent years? Where can I find this information?

Discussion (3)

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Colin Lim

16 Apr 2020

Financial Services Consultant at Colin Lim

The income tax bracket have not change since 2017... I doubt it will change anytime soon and then again if change... The newspaper, media, social media, your colleagues, your frens and family members will share with you.
#planwithcolin

Pang Zhe Liang

16 Apr 2020

Lead of Research & Solutions at Havend Pte Ltd

This is the income tax rate from YA 2017 onwards: https://www.iras.gov.sg/irashome/Quick-Links/Ta...

Should there be a revision, the Authority will inform us accordingly.

I share quality content on estate planning and financial planning here.

Hariz Arthur Maloy

16 Apr 2020

Independent Financial Advisor at Promiseland Independent

Well income tax bracket has always been based on your earnings for the year minus any reliefs you ca...

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