Price of Resale Flats in Singapore
...
Tax season for Year of Assessment (YA) 2022 may not be until March next year, but now is in fact the time to start preparing for it.
The income you earn from 1 Jan to 31 Dec 2022 will be considered for YA 2023, where you’ll need to pay your taxes.
Here are the tax rates for YA 2017 to YA 2023.
Price of Resale Flats in Singapore
| Chargeable Income | Income Tax Rate (%) | Gross Tax Payable ($) |
| First $20,000 Next $10,000 | 0 2 | 0 200 |
| First $30,000 Next $10,000 | - 3.5 | 200 350 |
| First $40,000 Next $40,000 | - 7 | 550 2,800 |
| First $80,000 Next $40,000 | - 11.5 | 3,350 4,600 |
| First $120,000 Next $40,000 | - 15 | 7,950 6,000 |
| First $160,000 Next $40,000 | - 18 | 13,950 7,200 |
| First $200,000 Next $40,000 | - 19 | 21,150 7,600 |
| First $240,000 Next $40,000 | - 19.5 | 28,750 7,800 |
| First $280,000 Next $40,000 | - 20 | 36,550 8,000 |
| First $320,000 In excess of $320,000 | - 22 | 44,500 - |
