Singapore Tax Calculator (2026)

Income tax rates and take-home pay for Singapore

Singapore Income Tax Brackets (2025)

Bracket Income Range Rate
First $20,000SGD 0 - SGD 20,0000.0%
Next $10,000SGD 20,000 - SGD 30,0002.0%
Next $10,000SGD 30,000 - SGD 40,0003.5%
Next $40,000SGD 40,000 - SGD 80,0007.0%
Next $40,000SGD 80,000 - SGD 120,00011.5%
Next $40,000SGD 120,000 - SGD 160,00015.0%
Next $40,000SGD 160,000 - SGD 20,00018.0%
Next $40,000SGD 200,000 - SGD 240,00019.0%
Next $40,000SGD 240,000 - SGD 280,00019.5%
Next $40,000SGD 280,000 - SGD 320,00020.0%
Next $180,000SGD 320,000 - SGD 500,00022.0%
Next $500,000SGD 500,000 - SGD 1,000,00023.0%
Above $1,000,000SGD 1,000,000+24.0%

Personal allowance: SGD 1,000

Central Provident Fund (CPF) Employee Contribution

Bracket Income Range Rate
Standard Employee Rate (Age ≤ 55)SGD 0+20.0%

Capped at SGD 20,400 per year

Key Facts

Tax Year

2025

Currency

SGD

Top Rate

24.0%

Brackets

13 brackets

Allowance

SGD 1,000

Social Contributions

1 item

Assumptions

  • · Tax calculations based on Year of Assessment 2025 (Income Year 2024)
  • · Worker is assumed to be a Singapore Citizen or Permanent Resident (SPR) for Central Provident Fund (CPF) calculations
  • · Worker is aged 55 or below
  • · Calculations use the progressive tax rates for residents
  • · Earned Income Relief of SGD 1,000 is included as the primary personal relief
  • · The tax rebate for YA 2025 (60% of tax, capped at SGD 200) is noted but not explicitly modeled in the surcharge JSON due to schema rate constraints
  • · Total personal reliefs are subject to a cumulative cap of SGD 80,000 per year

Frequently asked questions

How much income tax do I pay in Singapore if I earn SGD 50,000 per year?

Singapore uses a progressive tax system with 13 tax brackets. On SGD 50,000 annual income, you would owe approximately SGD 700 in income tax after the SGD 1,000 Earned Income Relief. The first SGD 20,000 is tax-free, the next SGD 10,000 is taxed at 2%, the next SGD 10,000 at 3.5%, and your remaining SGD 10,000 at 7%.

What is the Central Provident Fund (CPF) and how much do I contribute?

The CPF is Singapore's mandatory social security and retirement savings system. As an employee aged 55 or below, you contribute 20% of your gross income to your CPF account, with a maximum annual contribution of SGD 20,400. This contribution is deductible from your taxable income, which reduces your overall tax burden.

Do I need to be a Singapore citizen to use this tax calculator?

This calculator assumes you are a Singapore Citizen or Permanent Resident (SPR) for CPF contribution purposes. If you are a foreign worker on an employment pass, your tax treatment and CPF obligations may differ, so you should consult with the Inland Revenue Authority of Singapore (IRAS) for your specific situation.

What is the top income tax rate in Singapore?

Singapore's top marginal income tax rate is 24% for income above SGD 1,000,000. The tax system is progressive with rates starting at 0% for the first SGD 20,000 of income and gradually increasing through 13 brackets up to the 24% top rate for the highest earners.

Is there a tax rebate available for 2025?

Yes, there is a tax rebate for the current year of assessment, which is 60% of your tax liability capped at SGD 200 maximum. However, the exact rebate amount depends on your individual tax situation, so you should verify the final amount with IRAS or a tax professional when filing your return.

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