Datasets
Taxation System Anchors
Dated GST, personal income tax, and corporate income tax headline rates plus key structural limits — without duplicating the full annual-rates schedule.
Taxation System Anchors
Use each row with its effective date and population base (residents, companies, supplies). Recurring rate schedules also appear in annual rates; narrative lives in taxation system.
Headline tax rates — current
| Tax | Rate | Population / applicability | As of |
|---|---|---|---|
| Goods and Services Tax (GST) | 9% | Taxable supplies in Singapore and qualifying imports | Jan 2024 onward |
| Top marginal personal income tax | 24% | Tax residents; chargeable income above S$1 million | Year of Assessment 2024 onward |
| Corporate income tax | 17% flat | Chargeable corporate income (before exemptions) | Current statutory rate |
Sources: IRAS GST; IRAS individual rates; IRAS corporate income tax rates, accessed 4 September 2026.
GST rate history (selected steps)
| Period | Rate | Notes |
|---|---|---|
| Introduced | 3% | 1994 |
| Pre-2023 step | 7% | Before Jan 2023 |
| Transitional | 8% | Jan 2023 – Dec 2023 |
| Current | 9% | From Jan 2024 |
Source: IRAS GST, accessed 9 August 2026.
Personal income tax structure
| Anchor | Value | Population / notes | As of |
|---|---|---|---|
| Progressive bands start | 0% on first S$20,000 | Tax residents | Current schedule |
| Total personal reliefs cap | S$80,000 per year | Per resident taxpayer | Current rules |
Source: IRAS individual rates, accessed 9 August 2026.
Taxes Singapore does not levy (structural anchors)
| Anchor | Status | Notes | As of |
|---|---|---|---|
| Capital gains tax | None (general) | Trading gains may be taxed as income | Accessed 9 Aug 2026 |
| Inheritance / estate duty | None | Estate duty abolished 2008 | Accessed 9 Aug 2026 |
| Tax on most dividends | None | One-tier corporate system | Accessed 9 Aug 2026 |
Source: PwC Singapore, accessed 9 August 2026.
Record details
- Also known as
- ["Singapore GST rate","top marginal income tax","corporate tax rate Singapore"]
- Jurisdiction
- SG
- What each row represents
- one dated anchor in taxation-anchors
- Update cadence
- when primary sources revise anchored facts
- Source format
- markdown
Dates describe this record’s own period and applicability. A verification date does not mean a rule is currently in force.
Sources
- IRAS — Current GST rates Accessed 2026-08-09
- IRAS — Individual income tax rates Accessed 2026-08-09
- PwC Worldwide Tax Summaries — Singapore Accessed 2026-08-09
- IRAS — Corporate Income Tax Rates Accessed 2026-09-04
Collection as of 2026-10-07 · An expanding collection. Published counts show available knowledge, not complete coverage of Singapore.