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🇸🇬Singapore

Singapore Income Tax Calculator

Calculate your Singapore income tax with 2025 IRAS resident tax rates.

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S$
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Results

Chargeable IncomeS$63,000
Income TaxS$2,160
Effective Tax Rate2.7%
After-Tax IncomeS$77,840
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What is Singapore Income Tax?

The Singapore Income Tax Calculator estimates your tax liability based on the Inland Revenue Authority of Singapore (IRAS) resident tax rates for Year of Assessment 2025. Singapore has one of the most competitive personal tax regimes in the world, with rates ranging from 0% to 24% — significantly lower than most developed countries.

Singapore tax residents enjoy a progressive tax system with 13 brackets. The first S$20,000 of chargeable income is tax-free, and the top marginal rate of 24% only applies to income above S$1,000,000 (increased from 22% in YA 2024). For most working professionals earning S$60,000-S$120,000, the effective tax rate is only 3-7%.

Key deductions include CPF (Central Provident Fund) contributions — employees contribute 20% of their salary (capped at ordinary wages of S$6,800/month = S$81,600/year). CPF contributions are tax-deductible and form a significant reduction in chargeable income. Other reliefs include Earned Income Relief (up to S$1,000), Spouse Relief (S$2,000), Qualifying Child Relief (S$4,000 per child), NSman Relief, and Course Fee Relief.

Singapore has NO capital gains tax, NO inheritance tax, and NO tax on overseas income not remitted to Singapore. Dividends from Singapore-resident companies are tax-exempt (one-tier system). These features make Singapore one of the most tax-friendly jurisdictions in Asia.

The tax year in Singapore runs from January 1 to December 31. Tax filing is due by April 15 (paper) or April 18 (e-filing) of the following year. Most employees are auto-included in IRAS's no-filing service (NFS) if their employer participates in Auto-Inclusion Scheme (AIS).

Planning your CPF contributions? Also check our Singapore CPF Calculator for retirement planning.

Formula

Singapore Resident Tax Rates (YA 2025):

First S$20,000: 0% Next S$10,000 (S$20,001–S$30,000): 2% Next S$10,000 (S$30,001–S$40,000): 3.5% Next S$40,000 (S$40,001–S$80,000): 7% Next S$40,000 (S$80,001–S$120,000): 11.5% Next S$40,000 (S$120,001–S$160,000): 15% Next S$40,000 (S$160,001–S$200,000): 18% Next S$40,000 (S$200,001–S$240,000): 19% Next S$40,000 (S$240,001–S$280,000): 19.5% Next S$40,000 (S$280,001–S$320,000): 20% Next S$180,000 (S$320,001–S$500,000): 22% Next S$500,000 (S$500,001–S$1,000,000): 23% Above S$1,000,000: 24%

Worked Example — S$80,000 income, S$16,000 CPF: Earned Income Relief: S$1,000 Chargeable: S$80,000 − S$1,000 − S$16,000 = S$63,000 Tax on first S$20,000: S$0 Tax on next S$10,000 @ 2%: S$200 Tax on next S$10,000 @ 3.5%: S$350 Tax on next S$23,000 @ 7%: S$1,610 Total Tax: S$2,160 Effective Rate: 2.7%

Tax at common salary levels (resident, with CPF): - S$50,000 → ~S$550 (1.1%) - S$80,000 → ~S$2,160 (2.7%) - S$120,000 → ~S$5,650 (4.7%) - S$200,000 → ~S$16,750 (8.4%) - S$500,000 → ~S$73,350 (14.7%)

How to use this Singapore Income Tax Calculator?

1. Enter Annual Income: Your total employment income including bonuses, commissions, and benefits-in-kind.

2. CPF Employee Contribution: Enter your total annual CPF contribution (typically 20% of salary, capped at S$6,800/month ordinary wages). This is auto-deducted from salary.

3. Personal Reliefs: Enter additional reliefs like Spouse Relief (S$2,000), Qualifying Child Relief (S$4,000/child), Parent Relief (S$5,500-S$9,000), Course Fee Relief (up to S$5,500), and NSman Relief (S$1,500-S$5,000).

4. Read Results: See your chargeable income, tax payable, effective rate, and after-tax income.

Note: Non-residents are taxed at a flat 22% (or resident rates, whichever is higher) on employment income. This calculator uses resident rates.

Frequently asked questions

What is the income tax rate in Singapore?
Singapore uses progressive rates from 0% to 24%. The first S$20,000 is tax-free. Most working professionals pay an effective rate of 3-8%. The top rate of 24% applies only to income above S$1 million. Non-residents pay a flat 22% (or resident rates, whichever gives higher tax).
Who is a tax resident in Singapore?
You are a tax resident if you: (1) are a Singapore Citizen or Permanent Resident who normally resides in Singapore, or (2) a foreigner who has stayed/worked in Singapore for 183 days or more in the calendar year, or (3) a foreigner who has worked in Singapore continuously for 3 consecutive years.
Is CPF contribution tax-deductible?
Yes, mandatory employee CPF contributions are fully tax-deductible (capped at the CPF contribution ceiling). For 2025, employees below 55 contribute 20% of ordinary wages capped at S$6,800/month. Voluntary CPF top-ups to Special Account/MediSave also qualify for tax relief up to S$8,000.
Is there capital gains tax in Singapore?
No, Singapore does not impose capital gains tax. Profits from selling shares, property (except if you're a property trader), and other investments are generally not taxable. This is one of Singapore's biggest tax advantages over countries like the US, UK, and Australia.
Are bonuses taxable in Singapore?
Yes, all employment bonuses — including AWS (Annual Wage Supplement/13th month), performance bonuses, sign-on bonuses, and stock options/RSUs — are taxable as employment income in the year they are received or vested.
When is the tax filing deadline in Singapore?
Paper filing: April 15. E-filing via myTax Portal: April 18. If you are under the No-Filing Service (NFS), IRAS will send you a tax bill without requiring you to file. Most employees with only employment income and whose employer is on AIS are eligible for NFS.
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