Individual income tax refers to the tax payable by an individual on the taxable income that he derives in Singapore.
Typically, such taxable income may include earned income from employment or income derived by a person who runs a business here. This includes income earned by a sole proprietor or in a partnership, and by a self-employed person like a hawker or private hire driver.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you