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Singapore Tax Calculator 2025-26

Calculate your take-home pay after income tax and CPF contributions.

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Annual Take-Home Pay
$105,120
Monthly: $8,760

Tax Breakdown

Income Tax $5,880
CPF Contribution (20%) $9,000
Total Deductions $14,880
Effective Tax Rate 12.40%

Singapore Tax Brackets 2025-26

Tax-Free Threshold $0 - $20,000 (0%)
Low Rate $20,001 - $30,000 (2%)
Medium Rate $30,001 - $60,000 (3.5%)
High Rate $60,001 - $100,000 (7%)
Top Rate Over $100,000 (22%)

Singapore Income Tax Explained

Singapore is known for having one of the most competitive and tax-efficient systems in Asia. Administered by the Inland Revenue Authority of Singapore (IRAS), the income tax system is progressive and relatively straightforward. Singapore's low tax rates and business-friendly policies have made it an attractive destination for professionals and expatriates seeking favorable tax conditions.

Singapore Tax Brackets 2025-26

Singapore features a progressive income tax system with brackets ranging from 0% to 22%. Notably, the first $20,000 of taxable income is exempt from tax, making Singapore tax-efficient for lower-income earners. The tax rate gradually increases with income levels, ensuring a fair distribution of tax burden across different earning categories.

CPF Contributions

The Central Provident Fund (CPF) is Singapore's mandatory savings scheme for retirement, healthcare, and housing. Employees contribute 20% of their gross salary to the CPF, while employers contribute 17%. These contributions are invested in approved CPF investment instruments and belong entirely to the employee. CPF contributions are deductible from gross income before calculating income tax.

Tax Residency and Non-Residents

Singapore taxes residents on their worldwide income, while non-residents are only taxed on income earned within Singapore. Tax residency is determined based on physical presence and other factors. Most expatriates working in Singapore for an extended period become tax residents and must declare all income sources in their annual tax returns.

Tax Filing and Reliefs

Singapore residents earning income above $2,000 per year must file annual tax returns with IRAS. The tax year runs from January 1 to December 31, with returns typically due in April. Singapore offers various tax reliefs including personal reliefs, donations to approved charities, mortgage interest relief, and lifestyle-related expenses that can reduce your overall tax liability.