Singapore Income Tax Calculator 2026

Estimate your YA2026 personal income tax in seconds — free calculator with real-time results in SGD, covering employment income, reliefs, CPF and SRS deductions.

Understanding Singapore Personal Income Tax for Residents

Singapore operates a progressive income tax system for individual tax residents, governed by the Inland Revenue Authority of Singapore (IRAS). For Year of Assessment (YA) 2026 — covering income earned in calendar year 2025 — tax rates range from 0% on the first S$20,000 of chargeable income to 24% on income above S$1,000,000. Singapore’s personal income tax remains among the lowest in Asia-Pacific, which is one of the key reasons the city-state attracts high-calibre global talent. The effective tax rate for a resident earning S$80,000 in employment income with typical reliefs is typically around 4–6%, making Singapore exceptionally competitive for middle-income earners. As a Singapore tax resident, your worldwide income is taxable — including employment income, trade income, rental income from Singapore properties, and other income sources. Use this calculator to estimate your YA2026 payable and identify which reliefs can lower your chargeable income.

Not financial advice. All figures are for educational reference only. Always verify with IRAS myTax Portal or a qualified tax advisor. Data as at Q1 2026.

Who Is a Singapore Tax Resident?

You are a Singapore tax resident for YA2026 if you are a Singapore Citizen or Permanent Resident physically present in Singapore, or a foreigner who stayed or worked in Singapore for at least 183 days in 2025. Tax residents enjoy the full range of personal reliefs and rebates — including the Earned Income Relief, CPF Relief, SRS Relief, and family-related reliefs. Non-residents are taxed at a flat rate of 15% or the resident rate, whichever is higher, and are generally not eligible for personal reliefs. This calculator is designed for Singapore tax residents.

What Is Chargeable Income?

Chargeable income is your total assessable income less all eligible tax reliefs. IRAS caps the total personal reliefs (excluding CPF Relief) at S$80,000 per YA. Your CPF Relief — the employee’s mandatory CPF contribution — is claimable in full and is not subject to this S$80,000 cap. For a salaried employee earning S$80,000 annually, CPF relief (20% employee rate) amounts to approximately S$14,400, which directly reduces chargeable income before tax is applied. The lower your chargeable income, the lower your tax payable.

How to Use This Income Tax Calculator

1. Enter your income sources: Key in your employment income, self-employment or trade income, rental income from Singapore properties, and any other taxable income for calendar year 2025 (YA2026).
2. Enter your tax reliefs: Add your Earned Income Relief (up to S$1,000 for those under 55), CPF employee contributions, SRS contributions (up to S$15,300 for Singapore Citizens and PRs), spouse relief, child relief (S$4,000 per child under Qualifying Child Relief), parent relief, and any other eligible reliefs.
3. Review your results: The calculator instantly computes your chargeable income, estimated income tax payable, effective tax rate, marginal tax rate, and take-home income after tax.
4. Optimise your reliefs: Try adjusting your SRS contributions or parent/child reliefs to see how much tax you can save by maximising eligible deductions before the YA2026 filing deadline.

The results update in real time as you type. The tax bar shows your tax as a proportion of gross income at a glance.

Pro tip: Combine this calculator with our SRS Tax Savings Calculator to find your optimal SRS contribution for maximum tax relief, or use the Retirement Planning Calculator to factor your after-tax income into your long-term retirement projections.

What Is Singapore Personal Income Tax?

Singapore’s personal income tax is administered by the Inland Revenue Authority of Singapore (IRAS) under the Income Tax Act. The tax is levied on a Year of Assessment (YA) basis — YA2026 covers income earned between 1 January and 31 December 2025. Singapore uses a progressive tax structure where higher slices of income are taxed at higher marginal rates, but crucially, the lower rates still apply to the corresponding income bands. For YA2026, the first S$20,000 of chargeable income is tax-free for all resident taxpayers. The next S$10,000 (from S$20,001 to S$30,000) is taxed at just 2%, making Singapore’s entry-level tax bands extremely generous compared to many developed economies. The maximum marginal rate of 24% applies only to income above S$1,000,000. Dividends from Singapore companies and capital gains are not taxable in Singapore — one of the most investor-friendly aspects of the tax code. This means your dividend income from S-REITs, blue-chip stocks like DBS, OCBC, and UOB, as well as ETFs, is received tax-free in your hands as a Singapore resident.

How the YA2026 Tax Brackets Work: The Maths Behind Your Bill

Singapore’s progressive tax system means you only pay the higher rate on the portion of income within each band — not your entire income. Here is the full YA2026 tax rate table:

Worked example: An employee earning S$80,000 gross with S$14,400 CPF relief and S$1,000 Earned Income Relief has a chargeable income of S$64,600. Tax on S$64,600 = S$550 (tax on first S$40,000 above zero-rate band) + (S$64,600 − S$80,000 bracket)… use the calculator above for the precise figure. The effective tax rate at this income level is around 4–5%, well below comparable OECD nations.

Tax Reliefs vs Tax Rebates in Singapore

Many Singapore taxpayers confuse reliefs and rebates — they work very differently. Tax reliefs reduce your chargeable income before tax is calculated. Examples include CPF Relief, SRS Contributions, Earned Income Relief, Spouse Relief, and Parent Relief. The higher your marginal tax rate, the more valuable each dollar of relief is. A S$15,300 SRS contribution saves S$1,759.50 in tax for someone in the 11.5% band, versus S$2,295 for someone in the 15% band. Tax rebates, on the other hand, are deducted from the tax payable after calculation. The key rebate for resident individuals is the Parenthood Tax Rebate (PTR) for parents of Singapore Citizen children — a one-time rebate of S$5,000 for the first child, S$10,000 for the second, and S$20,000 for each subsequent child. This calculator includes reliefs but not rebates; add any PTR manually to your estimate. The total personal reliefs claimable by any individual (excluding CPF Relief and NS-related reliefs) is capped at S$80,000 per YA — a limit IRAS introduced to ensure higher-income taxpayers still contribute meaningfully to the tax base.

Best Platforms to Invest Your Tax Savings in Singapore

Once you have calculated your tax liability and maximised your reliefs, the next step is putting your net income to work. For Singapore investors, several platforms stand out for building a passive income or retirement portfolio. Endowus is a CPF-authorised investment platform that lets you invest your CPF OA savings (above the minimum S$20,000 floor) into diversified funds — potentially earning higher returns than the base 2.5% OA rate. Sign up via our Endowus referral code for a fee rebate on your first investment. Syfe offers income-focused managed portfolios including REIT+ and Income+ strategies that target 4–6% annual yields, suitable for investors seeking regular cash distributions. Use our Syfe referral code for a management fee waiver. FSMOne is a low-cost brokerage with access to Singapore-listed ETFs, REITs, and unit trusts — an excellent platform for building a dollar-cost averaging strategy. For direct stock and REIT investing on SGX, brokerage accounts like DBS Vickers, Moomoo, and Tiger Brokers are popular among Singapore retail investors.

CPF and SRS: Singapore’s Two Biggest Tax-Saving Levers

For most Singapore employed residents, the two largest tax reliefs are CPF contributions and SRS contributions — and both double as retirement savings vehicles. CPF Relief covers the mandatory employee CPF contributions: 20% of wages for those aged below 55, capped at the Ordinary Wage (OW) ceiling of S$6,800 per month (i.e., S$81,600 per year from 2026 onward). CPF relief is not capped by the S$80,000 personal relief cap and can be claimed in full. For a worker earning S$80,000, this means a CPF relief of approximately S$14,400, which directly reduces chargeable income. The Supplementary Retirement Scheme (SRS) is a voluntary scheme allowing Singapore Citizens and PRs to contribute up to S$15,300 per year (foreigners S$35,700), all of which is tax-deductible. SRS funds can be invested in a wide range of instruments including SGX-listed stocks, REITs, unit trusts, and Singapore Savings Bonds. At withdrawal during retirement (after age 62), only 50% of SRS withdrawals are taxed, and they are spread over 10 years — typically at very low effective rates. Use our dedicated SRS Tax Savings Calculator to calculate exactly how much you save by maxing out your SRS contribution at your income level, and our CPF OA/SA Allocation Calculator to see how your CPF balances accumulate over time.

Tax-Efficient Passive Income Strategies for Retirement

Building tax-efficient passive income streams is particularly powerful in Singapore because of the dividend exemption and capital gains exemption. Singapore-listed S-REITs and dividend stocks pay out distributions that are not taxable in the hands of individual resident investors — making them among the most tax-efficient income assets available. A well-constructed S-REIT portfolio yielding 5–7% annually generates entirely tax-free income for Singapore residents. Combined with a near-zero effective tax rate on moderate employment income (thanks to CPF and personal reliefs), Singapore residents can build a substantial retirement income base with very little friction from income tax. Use our Dividend Portfolio Yield Calculator to project how much passive income a given portfolio size can generate. For a complete retirement readiness picture — including CPF LIFE payouts, SRS withdrawals, and investment income — try the Retirement Planning Calculator. Understanding your current tax position (this calculator) and projecting your retirement income together gives you the full picture needed to make informed financial decisions. Check out our Passive Income Singapore 2026 Guide for a comprehensive look at tax-efficient income strategies.

Frequently Asked Questions

Know Your Tax. Grow Your Wealth.

Understanding your income tax position is the first step to optimising your financial plan. Use our free tools and referral bonuses to put your knowledge into action.