🇸🇬 Income Tax Calculator Singapore 2026
Calculate your income tax in Singapore: Progressive Income Tax
~0 EUR | ~$0
S$0
~0 EUR~$0
Effective rate: 0%
S$0
CPF: 20% employee contribution (capped at S$6,800/month)
S$0
~0 EUR~$0
Monthly: S$0 (~0 EUR~$0)
Income Distribution
Effective total rate: 0%
1. Income Tax (~S$3,350)
S$0 - S$20,000: 0%
S$20,000 - S$30,000: 2% = S$200
S$30,000 - S$40,000: 3.5% = S$350
S$40,000 - S$80,000: 7% = S$2,800
Total Tax: ~S$3,350
2. CPF - Social Contributions (~S$16,000)
Employee (20%): S$16,000
Employer (17%): S$13,600
Note: CPF is a personal savings account
That's ~S$5,054/month | Effective tax rate: ~4.2%
CPF Rates (< 55 years)
- Employee: 20%
- Employer: 17%
- Total: 37%
CPF Allocation
- Ordinary Account: housing, education
- Special Account: retirement
- Medisave: healthcare
Complete Guide to Singapore Taxation
Singapore offers one of the most attractive tax systems in the world: low progressive rates, no capital gains tax, and numerous exemptions. Here's everything you need to know.
2026 Income Tax Brackets (Residents)
| Taxable Income (S$) | Rate | Cumulative Tax |
|---|---|---|
| 0 - 20,000 | 0% | S$0 |
| 20,001 - 30,000 | 2% | S$200 |
| 30,001 - 40,000 | 3.5% | S$550 |
| 40,001 - 80,000 | 7% | S$3,350 |
| 80,001 - 120,000 | 11.5% | S$7,950 |
| 120,001 - 160,000 | 15% | S$13,950 |
| 160,001 - 200,000 | 18% | S$21,150 |
| 200,001 - 240,000 | 19% | S$28,750 |
| 240,001 - 280,000 | 19.5% | S$36,550 |
| 280,001 - 320,000 | 20% | S$44,550 |
| Above 320,000 | 22% | - |
What's NOT Taxed in Singapore
CPF (Central Provident Fund) - Detailed Breakdown
CPF is NOT a tax - it's mandatory personal savings that belongs to you. The money is allocated to 3 accounts:
Contribution Rates (under 55 years)
- Employee: 20% of salary
- Employer: 17% of salary
- Total: 37% (capped at S$6,800/month)
Account Allocation
- OA (Ordinary): 23% - housing, education
- SA (Special): 6% - retirement investment
- MA (Medisave): 8% - healthcare
Tax Deductions & Reliefs
Personal Reliefs
- Earned Income Relief: up to S$8,000
- CPF contributions: up to S$37,740
- Course fees: up to S$5,500
- Parent/Handicapped relief: S$9,000-14,000
Family Reliefs
- Spouse relief: S$2,000
- Qualifying child relief: S$4,000 each
- Working mother's child relief: 15-25%
- Foreign maid levy: S$6,360
SRS - Supplementary Retirement Scheme
Voluntary tax-advantaged savings scheme:
- Cap: S$15,300/year (Singaporeans/PR) or S$35,700 (foreigners)
- Tax benefit: Contributions are tax-deductible
- Withdrawal: Only 50% taxed at retirement (from age 62)
- Investment: Can invest in stocks, bonds, unit trusts
Tax Residency Rules
Tax Resident
- Present in SG for 183+ days/year
- Employed in SG continuously for 3 years
- Singapore citizen or PR
- Progressive rates: 0% to 22%
Non-Resident
- Less than 183 days in SG
- Employment income: 15% flat or resident rate (higher)
- Director fees: 22% flat
- No personal reliefs available
Singapore vs France Comparison
| Category | Singapore | France |
|---|---|---|
| Max income tax rate | 22% | 45% |
| Capital gains tax | 0% | 30% |
| Dividend tax | 0% | 30% |
| Inheritance tax | 0% | up to 45% |
| Social contributions | 20% CPF (personal savings) | ~22% (employee) |
| Net on S$100K income | ~S$76,000 | ~S$55,000 |
Exit Tax Warning for French Citizens
If you move from France to Singapore with unrealized capital gains over 800,000 EUR, you may be subject to French exit tax. This tax is deferred but remains due if you sell assets within 5 years (15 years for EU/EEA moves to non-treaty countries). Singapore does NOT have a tax treaty with France that eliminates exit tax obligations. Consult a tax advisor before relocating.
Singapore is renowned for its highly competitive taxation in Asia. Compare with other financial hubs to evaluate overall fiscal attractiveness.