Singapore Income Tax Calculator

Modify the values and click the calculate button to use
Annual Income ? SGD
Residency Status ?  
Age ? years
Marital Status ?  
Assessment Year ?  

  Personal Reliefs
Earned Income Relief ?  
CPF Contributions ? SGD
Life Insurance Premiums ? SGD
Course Fees ? SGD
 

Net Tax Payable:   $3,350

  Amount (SGD) Rate
Income Tax Calculation Tax Amount Tax Rate
Annual Income $80,000 Base
Less: Earned Income Relief ($1,000) Relief
Less: CPF Contributions ($16,000) Relief
Less: Life Insurance ($5,000) Relief
Less: Course Fees ($2,500) Relief
Chargeable Income $55,500 Taxable
First $20,000 (0%) $0 0.0%
Next $10,000 (2%) $200 2.0%
Next $10,000 (3.5%) $350 3.5%
Next $15,500 (7%) $1,085 7.0%
Total Income Tax $1,635 2.9%
98% 2% Net Income Income Tax
Tax Summary Details
Residency Status Tax Resident
Assessment Year 2024
Effective Tax Rate 2.0%
Marginal Tax Rate 7.0%
Take-Home Analysis Amount
Gross Annual Income $80,000
Less: CPF Employee ($16,000)
Less: Income Tax ($1,635)
Net Take-Home $62,365
Monthly Take-Home $5,197

Income Tax Rate Structure

Chargeable Income Range 0% 7% 11.5% 15% 20% $0-20K $20K-40K $40K-80K $80K+ 0% 2-7% 11.5% 15-20%

Tax Rate Brackets     Tax Reliefs
Chargeable Income Range Tax Rate Your Tax Cumulative
First $20,000 0% $0 $0
Next $10,000 ($20,001-$30,000) 2% $200 $200
Next $10,000 ($30,001-$40,000) 3.5% $350 $550
Next $40,000 ($40,001-$80,000) 7% $1,085 $1,635
Next $40,000 ($80,001-$120,000) 11.5% $0 $1,635
Total Income Tax 2.9% $1,635 $1,635


The Singapore Income Tax Calculator helps individuals calculate their personal income tax liability based on IRAS tax rates and brackets. This calculator includes all major tax reliefs and deductions available to Singapore tax residents and non-residents.

Singapore Income Tax Overview

Singapore operates a progressive income tax system with rates ranging from 0% to 22%. The tax system is designed to be competitive while ensuring adequate revenue for government services. Tax residents enjoy various reliefs and exemptions that significantly reduce their effective tax rates.

Income Tax Rates 2024

Resident Tax Rates

Chargeable Income Tax Rate Cumulative Tax
First $20,000 0% $0
Next $10,000 ($20,001 - $30,000) 2% $200
Next $10,000 ($30,001 - $40,000) 3.5% $550
Next $40,000 ($40,001 - $80,000) 7% $3,350
Next $40,000 ($80,001 - $120,000) 11.5% $7,950
Next $40,000 ($120,001 - $160,000) 15% $13,950
Next $40,000 ($160,001 - $200,000) 18% $21,150
Next $40,000 ($200,001 - $240,000) 19% $28,750
Next $40,000 ($240,001 - $280,000) 19.5% $36,550
Next $40,000 ($280,001 - $320,000) 20% $44,550
Above $320,000 22% Variable

Non-Resident Tax Rates

Income Type Tax Rate Notes
Employment Income 15% or resident rates Whichever results in higher tax
Director's Fees 22% Flat rate
Professional Income 15% or 22% Depends on nature of income
Other Income 22% Flat rate

Tax Reliefs and Deductions

Personal Reliefs

Relief Type Maximum Amount (2024) Conditions
Earned Income Relief $1,000 Automatic for employment income
CPF Contributions $37,740 Employee's mandatory contributions
Life Insurance Premiums $5,000 Own life or spouse's life
Course Fees $5,500 Skills-related courses
SRS Contributions $15,300 Supplementary Retirement Scheme

Family Reliefs

Relief Type Amount (2024) Conditions
Spouse Relief $2,000 Spouse's income ≤ $4,000
Handicapped Spouse Relief $5,500 Spouse with disability
Child Relief $4,000 per child Unmarried child under 16
Qualifying Child Relief $7,500 per child Child with disability
Parent Relief $9,000 per parent Parent aged 55+ with income ≤ $4,000
Handicapped Parent Relief $14,000 per parent Parent with disability
Grandparent Relief $3,000 per grandparent Grandparent aged 55+ with income ≤ $4,000

Special Reliefs

Relief Type Amount (2024) Eligibility
NSman Relief $3,000 Operationally ready NSmen
Wife of NSman Relief $750 Wife of operationally ready NSman
Foreign Maid Levy Relief 2x levy paid Levy for caring for family members
Working Mother's Child Relief 15% of mother's income Per qualifying child, max $25,000

Tax Residency

Tax Resident Criteria

Benefits of Tax Residency

Non-Resident Tax Treatment

Income Types and Treatment

Employment Income

Business Income

Other Income

Tax Filing and Payment

Filing Requirements

Important Dates

Activity Deadline Notes
Tax Return Filing 15 April For previous year's income
Tax Payment 31 May Full payment due
Instalment Plan Various 12-month instalment available
GIRO Deduction 31 May Automatic deduction

Tax Planning Strategies

Income Optimization

Family Tax Planning

Investment Structuring

How to Use the Calculator

To use the Singapore Income Tax Calculator:

  1. Enter your annual employment income
  2. Select your tax residency status
  3. Provide your age and marital status
  4. Choose the assessment year
  5. Include personal reliefs like CPF, insurance, course fees
  6. Add family and dependent reliefs if applicable
  7. Include any special reliefs you're eligible for
  8. Click "Calculate" to see your tax liability

The calculator will show your chargeable income, tax brackets, and net tax payable.

Important Considerations

When calculating income tax in Singapore:

This calculator provides estimates based on current IRAS tax rates and relief amounts. Actual tax liability should be verified with official IRAS calculations and professional tax advice. For complex tax situations involving multiple income sources or business income, professional consultation is recommended.

Related calculators: Singapore Business Tax Calculator, CPF Calculator, Singapore Salary Calculator

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