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Anonymous
How does income tax work?
Just started working and realised that I need to pay taxes. Saw a chart but don't really understand what it means, if my annual income is 45000 before CPF, how much tax do I pay?
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Jason Sing
23 Oct 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
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Nicholes Wong
23 Oct 2018
Diploma in Business Management at Nanyang Polytechnic
Just google income tax calculator and you can use that to find out how much income tax you need to pay
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Gabriel Tham
23 Oct 2018
Tag Team Member at Kenichi Tag Team
You can download and try the IRAS tax calculator on the website.
It will help you calculate the in...
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If your annual income is $45 000 before cpf, your chargeable income will be $35 000 (after $9000 cpf relief, $1000 earned income relief and assuming no any relief). The first $30000 will attract a tax of $200 and the next $5000 will attract a tax rate of 3.5% which is $175. Total tax payable is $375.