Indicators / Singapore Social Security Rate For Companies
| Related | Last | Previous | Reference | Unit |
|---|---|---|---|---|
| Corporate Tax Rate | 17.0 | 17.0 | Jan/25 | % |
| Personal Income Tax Rate | 24.0 | 24.0 | Jan/25 | % |
| Sales Tax Rate | 9.0 | 8.0 | Jan/25 | % |
| Social Security Rate | 37.0 | 37.0 | Jan/25 | % |
| Social Security Rate For Employees | 20.0 | 20.0 | Jan/25 | % |
| Withholding Tax Rate | 15.0 | 15.0 | Jan/25 | % |
Singapore Social Security Rate For Companies
In Singapore, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Singapore because they help to pay for many social programs including welfare, health care and many other benefits.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 17.0 | 17.0 | 17.0 | 17.0 | % | YS-JAN |