Total Taxable Personal Income Earned by All Persons in Each Decile for FY 2019

Debated in Parliament on 1 Nov 2021.

Summary written by AI (learn more)

Leong Mun Wai asked the Minister for Finance for the total taxable personal income for FY 2019 and the breakdown by income decile.
Lawrence Wong responded that the total assessable income for personal income tax in YA 2020 was S$208.3 billion.
He provided the total assessable income earned by all persons in each decile for YA 2020.
The figures given are for the Year of Assessment 2020, which corresponds to income earned in FY 2019.
The response directly addresses both parts of the query with specific data.

Questions identified by AI (learn more)

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Leong Mun Wai

Mr Leong Mun Wai asked the Minister for Finance (a) what is the total taxable personal income for FY 2019; and (b) what is the total taxable personal income earned by all persons in each decile.

Lawrence Wong

The total Assessable Income for personal income tax for Year of Assessment (YA) 2020 is S$208.3 billion. The total Assessable Income earned by all persons in each decile for YA2020 are as follows:

Total Taxable Personal Income Earned by All Persons in Each Decile for FY 2019 | PAPERCUTS

Total Taxable Personal Income Earned by All Persons in Each Decile for FY 2019

Debated in Parliament on 1 Nov 2021.

Summary written by AI (learn more)

Leong Mun Wai asked the Minister for Finance for the total taxable personal income for FY 2019 and the breakdown by income decile.
Lawrence Wong responded that the total assessable income for personal income tax in YA 2020 was S$208.3 billion.
He provided the total assessable income earned by all persons in each decile for YA 2020.
The figures given are for the Year of Assessment 2020, which corresponds to income earned in FY 2019.
The response directly addresses both parts of the query with specific data.

Questions identified by AI (learn more)

Full Transcript

Leong Mun Wai

Mr Leong Mun Wai asked the Minister for Finance (a) what is the total taxable personal income for FY 2019; and (b) what is the total taxable personal income earned by all persons in each decile.

Lawrence Wong

The total Assessable Income for personal income tax for Year of Assessment (YA) 2020 is S$208.3 billion. The total Assessable Income earned by all persons in each decile for YA2020 are as follows:

Total Taxable Personal Income Earned by All Persons in Each Decile for FY 2019

Summary

Questions Identified

Full Transcript

Leong Mun Wai

Lawrence Wong

Summary

Questions Identified

Total Taxable Personal Income Earned by All Persons in Each Decile for FY 2019

Summary

Questions Identified

Full Transcript

Leong Mun Wai

Lawrence Wong

Summary

Questions Identified