Tax rates in Singapore...

Tax rates for resident individuals

From YA 2012 onwards

Chargeable Income	Rate (%)	Gross Tax Payable ($)
First $20,000 Next $10,000	0 2	0 200
First $30,000 Next $10,000	- 3.50	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	- 17	13 950   6 800
First $200,000 Next $120,000	- 18	20 750 21 600
First $320,000 Above $320,000	- 20 Read more here	42 350