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Assessable Income of Individuals

Description

Inland Revenue Authority of Singapore CSV summary of individual income tax assessments by year of assessment, reporting numbers assessed, total income, approved donations, and assessable income. Fiscal researchers study donation incentives and income aggregates with IRAS footnotes on tax clearance cases and deduction multipliers.

Official description

* Number of Individuals Assessed includes tax clearance cases for non-citizens. * Approved Donations refer to the total tax deductions granted in respect of qualifying donations. For the Year of Assessment (YA)2010 to YA2015 and YA2017 onwards, the amount of tax deduction granted is 2.5 times the amount of qualifying donation made. For YA2016, the amount of tax deduction granted is 3 times the amount of qualifying donation made. * From YA2025, non-tax residents whose short-term employment income are exempted from tax are included in the Individual Income Tax base. Data prior to YA2025 excludes this group.

Last updated
Rows
21
Columns
5

Data

Year of Assessment No. of Individuals Assessed Total Income Approved Donations Assessable Income
2004 1734218 71878947 254217 71624730
2005 1528861 71594148 247025 71347123
2006 1461040 75480305 323978 75156326
2007 1522175 84724808 282038 84442770
2008 1616707 98848536 357352 98491184
2009 1650385 106856700 349723 106506977
2010 1728186 107768942 473754 107295188
2011 1829400 121006829 586485 120420344
2012 1968605 134731182 623831 134107351
2013 2114924 144995861 688972 144306888
2014 2184698 156483548 725218 155758329
2015 2280528 168580385 816554 167763831
2016 2386718 178309675 1172590 177137085
2017 2467000 183840806 942717 182898089
2018 2521445 190995727 1011963 189983763
2019 2581396 200244908 1046857 199198052
2020 2658322 208327708 1069912 207257796
2021 2647609 210342146 1219252 209122895
2022 2647386 229495927 1389674 228106253
2023 2789440 250376214 1373614 249002601
2024 2982847 269523304 1393701 268129604

Columns

Column Type Categorical
Year of Assessment Text No
No. of Individuals Assessed Text No
Total Income Text No
Approved Donations Text No
Assessable Income Text No