What Is The Minimum Income To File Taxes 2024 Elections. Starting from ya 2024, the top marginal personal income tax rate will be increased from 22% to 24%. If you did not receive any filing notification and your annual income falls below the income threshold for income tax declaration, you are not required to file an income tax return and no.

There are three main components to personal income tax filing that you need to know about. The inland revenue authority of singapore (iras) has published an overview of tax changes in the budget for the financial year 2024, which was delivered on 16 february.