Singapore Tax Calculator โ Calculate Your Tax Liability
Calculate Singapore personal income tax for residents. See progressive tax rates from 0% to 24% and available reliefs and deductions.
Singapore has one of the lowest personal income tax rates among developed nations with progressive rates from 0% to 24%. The first SGD 20000 is tax-free. Effective tax rates are very low: someone earning SGD 100000 pays approximately SGD 5650 (5.65% effective rate). Combined with no capital gains tax and no inheritance tax Singapore is one of the most tax-efficient countries globally.
How much tax do I pay in Singapore?
On SGD 100000 annual income: first SGD 20000 = $0. SGD 20001-30000 at 2% = $200. SGD 30001-40000 at 3.5% = $350. SGD 40001-80000 at 7% = $2800. SGD 80001-100000 at 11.5% = $2300. Total tax: approximately SGD 5650. Effective rate: 5.65%. This is among the lowest in the developed world.
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Singapore Income Tax Calculator
How Tax Calculation Works
Income tax is calculated on your total taxable income after deducting eligible exemptions and deductions from your gross income. The tax is applied progressively โ you pay a lower rate on initial income slabs and higher rates only on income that exceeds each threshold. This means moving into a "higher tax bracket" does not mean your entire income is taxed at the higher rate. Understanding marginal vs effective tax rate is crucial: your marginal rate applies only to the last rupee earned, while your effective rate is the average across all slabs.
Tax-Saving Strategies
Under the old regime, maximize deductions: Section 80C allows up to Rs 1.5 lakh through PPF, ELSS, EPF, and life insurance. Section 80D covers health insurance premiums up to Rs 25,000 (Rs 50,000 for senior citizens). Section 80CCD(1B) offers an additional Rs 50,000 deduction for NPS contributions. Home loan interest up to Rs 2 lakh is deductible under Section 24. Under the new regime, the Rs 75,000 standard deduction and lower slab rates may save you more if your total deductions are below Rs 3.75 lakh. Calculate under both regimes before choosing.
Key Information
| Parameter | Details |
|---|---|
| Tax-Free Threshold | SGD 20000 |
| Tax Rate Range | 0% to 24% |
| Effective Rate (SGD 100K) | 5.65% approximately |
| CPF Contribution (Employee) | 20% of salary (below 55 years) |
Calculate Singapore income tax
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Use Calculator NowFrequently Asked Questions
How much tax do I pay in Singapore?
On SGD 100000 annual income: first SGD 20000 = $0. SGD 20001-30000 at 2% = $200. SGD 30001-40000 at 3.5% = $350. SGD 40001-80000 at 7% = $2800. SGD 80001-100000 at 11.5% = $2300. Total tax: approximately SGD 5650. Effective rate: 5.65%. This is among the lowest in the developed world.
What is CPF in Singapore?
Central Provident Fund is mandatory retirement savings. Employees under 55 contribute 20% of salary and employers add 17% for a total 37% contribution. CPF covers retirement (Ordinary and Special Accounts) healthcare (Medisave) and housing. The employer 17% is not taxable income making it effectively free retirement savings.
Is Singapore tax-free for foreigners?
No Singapore residents (including foreigners living and working in Singapore) pay personal income tax. However the rates are very low โ much lower than most Western countries. Non-residents working in Singapore less than 183 days pay a flat 15% or resident rates whichever is higher. There is no distinction between citizens and PRs for tax purposes.
Which tax regime should I choose โ old or new?
Choose the new regime if your total deductions are below Rs 3.75 lakh. Choose the old regime if you claim HRA, 80C (Rs 1.5L), 80D, home loan interest, and NPS totaling more than Rs 3.75 lakh. Salaried employees can switch every year.
Is income up to Rs 12 lakh really tax-free?
Under the new regime for FY 2025-26, income up to Rs 12 lakh is effectively tax-free due to Section 87A rebate. After Rs 75,000 standard deduction, taxable income is Rs 11.25 lakh which qualifies for full rebate. However, income even slightly above Rs 12 lakh loses this entire benefit.
How can I save more tax legally?
Under the old regime, maximize 80C (Rs 1.5L via PPF, ELSS, EPF), 80D (Rs 25K-50K for health insurance), 80CCD(1B) (Rs 50K for NPS), HRA exemption, and home loan interest (Rs 2L under Section 24).
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Last updated: March 2026