Quote:
Originally Posted by SingViet
How many percent of Singaporeans pay income tax? 60% of Singaporeans don't pay income tax. For those who pay, our income tax rates are one of the lowest in the world. As for GST, our rates are also low relative to the western countries. Even for VN, personal income tax rates are high.  |
Agreed, Singapore Income Tax is one of the lowest in Asia. Furthermore still can pay instalment to the IRAS. I like the instalment methods cos don't feel the pain by paying monthly few hundreds dollars.