Singapore Personal Income Tax Overview
Singapore maintains one of the most competitive personal income tax systems globally, with progressive tax rates ranging from 0% to 24%. The system is designed to be simple, transparent, and business-friendly while providing adequate social safety nets through CPF.
Tax residents benefit from numerous reliefs and exemptions that significantly reduce tax liability. The first S$20,000 of chargeable income is completely tax-free for residents, making Singapore particularly attractive for middle-income earners.
Singapore Income Tax Rates 2026 (For YA 2026)
| Chargeable Income | Tax Rate | Tax on Bracket | Cumulative Tax |
|---|---|---|---|
| First S$20,000 | 0% | S$0 | S$0 |
| Next S$10,000 | 2% | S$200 | S$200 |
| Next S$10,000 | 3.5% | S$350 | S$550 |
| Next S$40,000 | 7% | S$2,800 | S$3,350 |
| Next S$40,000 | 11.5% | S$4,600 | S$7,950 |
| Next S$40,000 | 15% | S$6,000 | S$13,950 |
| Next S$40,000 | 18% | S$7,200 | S$21,150 |
| Next S$40,000 | 19% | S$7,600 | S$28,750 |
| Next S$40,000 | 19.5% | S$7,800 | S$36,550 |
| Next S$40,000 | 20% | S$8,000 | S$44,550 |
| Next S$180,000 | 22% | S$39,600 | S$84,150 |
| Next S$500,000 | 23% | S$115,000 | S$199,150 |
| Above S$1,000,000 | 24% | - | - |
Non-residents pay 15% flat rate or progressive rates (whichever is higher) and do not receive personal reliefs.
Note: Tax rates and rebates are updated annually. Check IRAS website for the latest Year of Assessment 2026 information.
Maximize Your Savings: A Guide to Key Tax Reliefs
Earned Income Relief
Amount: S$1,000 - S$8,000
Automatic relief based on age. Below 55: S$1,000, aged 55-59: S$6,000, aged 60+: S$8,000.
CPF Relief & Cash Top-Up
Cap: S$80,000 (Overall)
Your mandatory CPF contributions are automatically tax-deductible. You can also claim CPF Cash Top-Up Relief for voluntary contributions to your own or family members' Special/Retirement accounts, up to S$8,000 for self and an additional S$8,000 for family.
Parent/Handicapped Dependent
Amount: S$9,000 - S$14,000
Claim this for supporting parents, grandparents, or handicapped dependents. To qualify, the dependent's annual income must not exceed S$4,000. You can claim a higher amount if the dependent lives with you in the same household in Singapore.
Spouse/Handicapped Spouse
Amount: S$2,000 - S$5,500
For legally married spouses with annual income ≤S$4,000. Higher relief for handicapped spouse.
Working Mother's Child Relief
Amount: 15-25% of earned income
For working mothers. Percentage increases with each child (1st: 15%, 2nd: 20%, etc.). Significant tax savings.
Course Fees Relief
Cap: S$5,500
For course fees related to current employment or improving skills. Includes seminars and conferences.
Understanding the S$80,000 Tax Relief Cap
For the Year of Assessment, there is a total cap of S$80,000 on the amount of tax reliefs an individual can claim. This cap applies to the total amount of all reliefs claimed, including the popular ones like CPF Cash Top-up, SRS top-ups, and NSman relief. It's crucial to be aware of this cap when planning your tax contributions and reliefs for the year. Our calculator automatically applies this cap to provide an accurate tax payable amount.