YA2026 Rates

Singapore Income Tax Calculator

See your tax bracket, marginal rate, and exact tax payable. Uses official IRAS progressive rates for Year of Assessment 2026.

Income Tax Calculator

Gross income minus tax reliefs (earned income, CPF, SRS, etc.)

S$
$0$1M+

Tax Payable

S$5,650.00

Effective Rate

5.65%

Marginal Rate

11.5%

Take Home

S$94,350

Tax Bracket Breakdown

S$0 – S$20,000
@ 0%—
S$20,000 – S$30,000
@ 2%S$200.00
S$30,000 – S$40,000
@ 3.5%S$350.00
S$40,000 – S$80,000
@ 7%S$2,800.00
S$80,000 – S$120,000
@ 11.5%S$2,300.00

Monthly Income

S$8,333

Monthly Tax

S$471

Monthly Take Home

S$7,863

YA2026 Tax Bracket Table

Chargeable IncomeRate
S$0 – S$20,0000%
S$20,000 – S$30,0002%
S$30,000 – S$40,0003.5%
S$40,000 – S$80,0007%
S$80,000 – S$120,00011.5%
S$120,000 – S$160,00015%
S$160,000 – S$200,00018%
S$200,000 – S$240,00019%
S$240,000 – S$280,00019.5%
S$280,000 – S$320,00020%
S$320,000 – S$500,00022%
S$500,000 – S$1,000,00023%
Above S$1,000,00024%

Applies to income earned in 2025, assessed in YA2026. Source: IRAS.

Ways to Reduce Your Tax

Max out SRS

Contribute up to S$15,300 to SRS before 31 Dec. The full amount is deducted from your chargeable income.

CPF Cash Top-Up

Top up your own or spouse's SA/RA for a relief of up to S$8,000 per person (S$16,000 total).

Claim all reliefs

Check if you qualify for spouse, child, parent, NSman, course fees, or donation reliefs. Personal relief cap is S$80,000.

Donations

Approved donations get a 250% tax deduction. A S$1,000 donation reduces chargeable income by S$2,500.

Frequently Asked Questions

Do I need to file taxes in Singapore?
If your annual income exceeds $22,000, you are required to file an income tax return with IRAS. Filing is typically done between March and April for the previous year's income. Even if you earn below $22,000, you may need to file if IRAS sends you a tax return form.
Is there capital gains tax in Singapore?
No. Singapore does not impose capital gains tax. Gains from selling shares, property (subject to conditions), or other investments are generally not taxable. However, gains from frequent trading may be treated as income if IRAS considers it a trade.
How is bonus income taxed?
Bonuses are taxed as part of your total annual income. They are added to your employment income and taxed at your marginal rate. A bonus does not push only the bonus amount into a higher bracket — only the portion above the bracket threshold is taxed at the higher rate.
What is the personal relief cap?
The total personal income tax relief cap is $80,000 per Year of Assessment. This includes all reliefs (earned income, CPF, SRS, spouse, child, parent, etc.) but excludes donations. If your total reliefs exceed $80,000, only $80,000 will be deducted.

Optimise your tax with a full plan

Karui connects your tax to CPF, SRS, and investments — showing you exactly how each relief and contribution saves money across your entire financial picture.

This calculator provides estimates for educational purposes only. It uses chargeable income (after reliefs) for simplicity. Actual tax liability depends on your specific relief claims, employment type, and IRAS assessment. Consult IRAS or a tax professional for official calculations.

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