Singapore Tax Calculator (2026)
Income tax rates and take-home pay for Singapore
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Singapore Income Tax Brackets (2025)
| Bracket | Income Range | Rate |
|---|---|---|
| 0% band | SGD 0 - SGD 20,000 | 0.0% |
| 2% band | SGD 20,000 - SGD 30,000 | 2.0% |
| 3.5% band | SGD 30,000 - SGD 40,000 | 3.5% |
| 7% band | SGD 40,000 - SGD 80,000 | 7.0% |
| 11.5% band | SGD 80,000 - SGD 120,000 | 11.5% |
| 15% band | SGD 120,000 - SGD 160,000 | 15.0% |
| 18% band | SGD 160,000 - SGD 200,000 | 18.0% |
| 19% band | SGD 200,000 - SGD 240,000 | 19.0% |
| 19.5% band | SGD 240,000 - SGD 280,000 | 19.5% |
| 20% band | SGD 280,000 - SGD 320,000 | 20.0% |
| 22% band | SGD 320,000 - SGD 500,000 | 22.0% |
| 23% band | SGD 500,000 - SGD 1,000,000 | 23.0% |
| 24% band | SGD 1,000,000+ | 24.0% |
Personal allowance: SGD 1,000
Central Provident Fund (CPF) - Employee
| Bracket | Income Range | Rate |
|---|---|---|
| Ordinary wages up to SGD 96,000 annual ceiling | SGD 0 - SGD 96,000 | 20.0% |
| Additional wages between SGD 96,000 and SGD 102,000 | SGD 96,000 - SGD 102,000 | 20.0% |
Capped at SGD 19,200 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
- · Model represents a resident individual employee (Singapore citizen or permanent resident aged 55 and below).
- · CPF contributions calculated at standard rates: employee 20% of ordinary wages up to SGD 8,000/month ceiling (SGD 96,000 annual OW ceiling for 2026).
- · CPF is deductible from taxable income.
- · No personal reliefs claimed (child, spouse, aged dependant, etc.) to represent a standard single employee without dependents.
- · Earned income relief of SGD 1,000 applied (for employees under 55).
- · CPF contributions on additional wages (bonus) included up to SGD 102,000 total annual wages ceiling.
- · SRS contributions excluded as voluntary scheme.
- · No employer-paid levies included (SDL, FWL are employer-only).
- · Non-resident taxation not modeled; resident model only.
- · Life insurance premiums and other optional reliefs excluded.
- · Taxable income calculated as: gross employment income less CPF contributions less earned income relief.
Frequently asked questions
How much income tax do I pay in Singapore if I earn SGD 60,000 per year?
On a gross income of SGD 60,000, after CPF contributions (SGD 12,000 at 20%) and earned income relief (SGD 1,000), your taxable income is SGD 47,000. This falls across two tax brackets: SGD 20,000 in the 2% band (SGD 400) and SGD 27,000 in the 7% band (SGD 1,890), giving you a total income tax of SGD 2,290, or about 3.8% of gross income.
What is CPF and why does it reduce my taxable income?
The Central Provident Fund (CPF) is a mandatory social contribution where employees contribute 20% of ordinary wages up to an annual ceiling of SGD 96,000. CPF is deductible from your gross income before calculating income tax, which means it reduces both your tax liability and increases your retirement savings simultaneously.
Is Singapore's income tax progressive or flat?
Singapore uses a progressive tax system with 13 tax brackets ranging from 0% on the first SGD 20,000 of taxable income to 24% on income above SGD 1,000,000. This means higher earners pay a larger percentage of their income in tax compared to lower earners.
What is the earned income relief in Singapore?
The earned income relief is a fixed deduction of SGD 1,000 applied to all resident employees aged 55 and below, reducing your taxable income before the progressive tax brackets are applied. This provides a small tax benefit to all working residents regardless of income level.
Do I pay tax differently as a non-resident or foreigner in Singapore?
This calculator models resident taxation for Singapore citizens and permanent residents. Non-residents are taxed differently and may have different rates and rules; you should consult the Inland Revenue Authority of Singapore (IRAS) or a local tax advisor for non-resident-specific guidance.
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