Top 5% Earners' Contribution to Total Income Tax for Years of Assessment 2021 to 2023

Murali Pillai asked the Deputy Prime Minister and Minister for Finance about the percentage of total income tax contributed by the top 5% earners for 2021, 2022, and 2023.
Lawrence Wong responded that the top 5% earners contributed close to 70% of personal income tax collections for each of those years.
The information was based on data from the Inland Revenue Authority of Singapore regarding all taxpayers.
The data covers the Years of Assessment 2021, 2022, and 2023.

Murali Pillai asked the Deputy Prime Minister and Minister for Finance about the percentage of total income tax contributed by the top 5% earners for 2021, 2022, and 2023.
Lawrence Wong responded that the top 5% earners contributed close to 70% of personal income tax collections for each of those years.
The information was based on data from the Inland Revenue Authority of Singapore regarding all taxpayers.
The data covers the Years of Assessment 2021, 2022, and 2023.

Murali Pillai asked the Deputy Prime Minister and Minister for Finance about the percentage of total income tax contributed by the top 5% earners for 2021, 2022, and 2023.
Lawrence Wong responded that the top 5% earners contributed close to 70% of personal income tax collections for each of those years.
The information was based on data from the Inland Revenue Authority of Singapore regarding all taxpayers.
The data covers the Years of Assessment 2021, 2022, and 2023.

Murali Pillai asked the Deputy Prime Minister and Minister for Finance about the percentage of total income tax contributed by the top 5% earners for 2021, 2022, and 2023.
Lawrence Wong responded that the top 5% earners contributed close to 70% of personal income tax collections for each of those years.
The information was based on data from the Inland Revenue Authority of Singapore regarding all taxpayers.
The data covers the Years of Assessment 2021, 2022, and 2023.

Summary