🇸🇬 Income Tax Calculator Singapore 2026

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:

Tax Deductions & Reliefs

SRS - Supplementary Retirement Scheme

Tax Residency Rules

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

Key Tax Deadlines and Filing Calendar

Singapore's tax year runs from January 1 to December 31, and taxpayers must file their annual income tax return by April 15 (paper filing) or April 18 (e-filing) of the following year. The Inland Revenue Authority of Singapore (IRAS) operates the myTax Portal, an efficient online platform where most residents can complete their filing in under 15 minutes thanks to the Auto-Inclusion Scheme (AIS). Under AIS, employers with five or more employees are required to submit employee earnings data directly to IRAS by March 1, allowing the tax authority to pre-fill returns with salary, bonus, and benefits-in-kind information. Taxpayers simply need to verify the pre-filled data, add any additional income sources (rental income, freelance work, overseas income), and claim applicable reliefs and deductions. IRAS issues the Notice of Assessment (NOA) typically between April and September, and taxes are payable within 30 days of the NOA date. Singapore offers interest-free GIRO installment plans of up to 12 monthly payments, making it convenient to spread the tax liability throughout the year. Late filing attracts a penalty of S$200, escalating to prosecution for continued non-compliance. Employees leaving Singapore permanently must obtain tax clearance from IRAS at least one month before departure, and employers are legally required to withhold the departing employee's final salary until clearance is granted.

Tips for Foreign Workers and Expats in Singapore

Singapore is one of the most popular expatriate destinations in Asia, with over 1.5 million foreign workers contributing to its economy. The city-state's appeal lies in its combination of low personal tax rates, world-class infrastructure, political stability, and strategic location in Southeast Asia. Foreign workers in Singapore are classified under different work pass categories: the Employment Pass (EP) for professionals earning at least S$5,600 per month (higher for financial services), the S Pass for mid-skilled workers, and the Personalised Employment Pass (PEP) for high earners. Your tax residency status is critical to your tax calculation. If you are physically present or employed in Singapore for 183 days or more in a calendar year, you are treated as a tax resident and subject to progressive rates from 0% to 22%. Non-residents face either a flat 15% rate or resident rates, whichever produces the higher tax. Notably, Singapore does not tax foreign-sourced income that is not received in Singapore for individuals, making it highly attractive for those with international investment portfolios. There is no capital gains tax, no inheritance tax, and no estate duty in Singapore. The CPF (Central Provident Fund) system requires both employer and employee contributions for Singapore citizens and permanent residents, but foreign workers on Employment Passes are generally exempt from CPF, which reduces their total employment cost but also means they miss out on forced retirement savings and housing benefits. Many expatriates opt to participate in the Supplementary Retirement Scheme (SRS) voluntarily, as contributions are tax-deductible up to S$35,700 per year for foreigners, providing an effective way to reduce taxable income.

Unique Aspects of Singapore's Tax System

Several characteristics make Singapore's tax framework distinctly competitive on the global stage. The territorial basis of taxation means that individuals are generally taxed only on income earned in or remitted to Singapore, not on their worldwide income. This is a critical distinction from countries like the USA, UK, or France, where tax residents owe tax on all global earnings. Singapore also operates a Year of Assessment (YA) system where income earned in a given calendar year is assessed and taxed in the following year, giving taxpayers time to prepare and plan. The Not Ordinarily Resident (NOR) scheme, though it stopped accepting new applicants in 2024, allowed qualifying individuals who spent significant time working outside Singapore to apportion their employment income and pay Singapore tax only on the portion attributable to days spent working in the country. Singapore maintains comprehensive double taxation agreements with over 90 jurisdictions, ensuring residents can claim relief for foreign taxes paid. The city-state's Goods and Services Tax (GST) was increased to 9% in January 2024, representing the primary indirect tax and a key source of government revenue alongside corporate taxes.