How Much Income Tax Will I Pay?
Calculate your exact Singapore personal income tax — full bracket breakdown, effective rate, and marginal rate.
Income Tax Calculator
Singapore resident individual tax — current YA rates
CPF relief, SRS relief, course fees, etc. Capped at $80,000.
Chargeable Income
$75,000
Tax Payable
$3,000
Effective Rate
4.00%
Marginal Rate
7.0%
Tax Breakdown by Bracket
| Bracket | Taxable | Rate | Tax |
|---|---|---|---|
| $0 – $20,000 | $20,000 | 0.0% | $0 |
| $20,000 – $30,000 | $10,000 | 2.0% | $200 |
| $30,000 – $40,000 | $10,000 | 3.5% | $350 |
| $40,000 – $80,000 | $35,000 | 7.0% | $2,450 |
| Total Tax Payable | $3,000 | ||
Resident individual rates, Year of Assessment 2024 onwards. First $20,000 of chargeable income is tax-free. This calculator estimates tax payable only — it does not file your return. Always verify with IRAS.
2026 Resident Tax Brackets
| Chargeable Income | Rate |
|---|---|
| First $20,000 | 0% |
| Next $10,000 | 2% |
| Next $10,000 | 3.5% |
| Next $40,000 | 7% |
| Next $40,000 | 11.5% |
| Next $40,000 | 15% |
| Next $40,000 | 18% |
| Next $40,000 | 19% |
| Next $40,000 | 19.5% |
| Next $40,000 | 20% |
| Above $320,000 | 24% |
Resident individual rates. Source: IRAS.
Income Tax — Frequently Asked Questions
How is personal income tax calculated in Singapore?
Singapore uses a progressive tax system for residents. The first $20,000 of chargeable income is tax-free, then rates increase in bands from 2% up to 24% for income above $320,000. Tax is calculated on chargeable income — your gross income minus allowable reliefs (CPF relief, SRS relief, earned income relief, etc.), capped at $80,000 in total reliefs.
What is the difference between gross income and chargeable income?
Gross income is your total income before any deductions. Chargeable income is what you actually pay tax on — gross income minus reliefs like CPF contributions, SRS contributions, course fees, and other approved reliefs. Tax is always calculated on chargeable income, not gross income.
What is the difference between effective tax rate and marginal tax rate?
Your marginal tax rate is the rate applied to your last dollar of income — the highest bracket you fall into. Your effective tax rate is your total tax payable divided by your total chargeable income, which is always lower than your marginal rate because of the progressive brackets and the tax-free first $20,000.
Do I need to pay tax on my first $20,000 of income?
No. The first $20,000 of chargeable income for tax residents is taxed at 0%. This means if your chargeable income (after reliefs) is $20,000 or below, you pay no income tax at all.
How can I legally reduce my income tax in Singapore?
The main legal ways are: claiming all eligible reliefs (CPF relief is automatic, SRS contributions are voluntary), topping up CPF via Retirement Sum Topping-Up, claiming course fee relief for approved courses, and donating to IPC-approved charities for a 2.5x tax deduction. SRS in particular lets you redirect income tax into a retirement fund rather than losing it entirely.