How to Calculate Your Tax
Content
Basic Tax Calculator for Tax Resident Individuals
YEAR OF ASSESSMENT (YA) 2009 (For the year ended 31 Dec 2008) What to do: Key in an amount in the gray boxes. If a box is not applicable, leave it blank. S$ INCOME Employment income Less: Employment expenses TOTAL EMPLOYMENT INCOME Add: OTHER INCOME Annuity (recurring annual payments) Business Income Charge (alimony/maintenance payments) Estate/trust income Pension Rent & net annual value (NAV from property) Royalty Withdrawal from Supplementary Retirement Scheme (SRS) TOTAL INCOME Less: DONATIONS ASSESSABLE INCOME Less: PERSONAL RELIEFS Course fees relief CPF cash top-up relief (self, dependent and Medisave account) CPF/provident Fund relief Earned income relief Foreign maid levy relief Grandparent caregiver relief Handicapped brother/sister relief Life Insurance relief Nsman(Self/wife/parent) relief Parents/handicapped parents relief Qualifying/handicapped child relief Supplementary Retirement Scheme (SRS) relief Wife/handicapped spouse relief Working mother's child relief CHARGEABLE INCOME Tax Payable on Chargeable Income Less: Tax credit and other reliefs (if applicable) 2,430.00 486.00 1,944.00 58,000 2,430.00 58,000 58,000 58,000
0
58,000
Tax Payable/Repayable before rebate Less: One-Off Personal Tax Rebate (20%)
Tax Payable/Repayable after One-Off Personal Tax Rebate Less: Parenthood Tax Rebate NET TAX PAYABLE / REPAYABLE
1,944.00
YEAR OF ASSESSMENT (YA) 2009 (For the year ended 31 Dec 2008) What to do: Key in an amount in the gray boxes. If a box is not applicable, leave it blank. S$ INCOME Employment income Less: Employment expenses TOTAL EMPLOYMENT INCOME Add: OTHER INCOME Annuity (recurring annual payments) Business Income Charge (alimony/maintenance payments) Estate/trust income Pension Rent & net annual value (NAV from property) Royalty Withdrawal from Supplementary Retirement Scheme (SRS) TOTAL INCOME Less: DONATIONS ASSESSABLE INCOME Less: PERSONAL RELIEFS Course fees relief CPF cash top-up relief (self, dependent and Medisave account) CPF/provident Fund relief Earned income relief Foreign maid levy relief Grandparent caregiver relief Handicapped brother/sister relief Life Insurance relief Nsman(Self/wife/parent) relief Parents/handicapped parents relief Qualifying/handicapped child relief Supplementary Retirement Scheme (SRS) relief Wife/handicapped spouse relief Working mother's child relief CHARGEABLE INCOME Tax Payable on Chargeable Income Less: Tax credit and other reliefs (if applicable) 2,430.00 486.00 1,944.00 58,000 2,430.00 58,000 58,000 58,000
0
58,000
Tax Payable/Repayable before rebate Less: One-Off Personal Tax Rebate (20%)
Tax Payable/Repayable after One-Off Personal Tax Rebate Less: Parenthood Tax Rebate NET TAX PAYABLE / REPAYABLE
1,944.00
