Singapore tax rates 2026
The rates, ceilings and reliefs every figure on this site's Singapore pages is worked out from, each with the document it comes from.
Resident income tax rates
| Chargeable income for the year | Rate |
|---|---|
| First $20,000 | Nil |
| $20,000 to $30,000 | 2% |
| $30,000 to $40,000 | 3.5% |
| $40,000 to $80,000 | 7% |
| $80,000 to $120,000 | 11.5% |
| $120,000 to $160,000 | 15% |
| $160,000 to $200,000 | 18% |
| $200,000 to $240,000 | 19% |
| $240,000 to $280,000 | 19.5% |
| $280,000 to $320,000 | 20% |
| $320,000 to $500,000 | 22% |
| $500,000 to $1,000,000 | 23% |
| Above $1,000,000 | 24% |
These rates are for Year of Assessment 2027, which taxes income earned in 2026. Each rate applies only to the part of your chargeable income inside its band. A non-resident employee pays 15% of employment income, or the tax a resident would pay if that is higher.
Earned Income Relief
| Age at the end of the year | Relief |
|---|---|
| Below 55 | $1,000 |
| 55 to 59 | $6,000 |
| 60 and above | $8,000 |
Never more than your earned income. Your employee CPF is CPF Relief on top, and all your reliefs together are capped at $80,000 a year.
CPF contribution rates for a Citizen, or a Permanent Resident from the third year
| Age | You pay | With your employer |
|---|---|---|
| 55 or under | 20% | 37% |
| Above 55, up to 60 | 18% | 34% |
| Above 60, up to 65 | 12.5% | 25% |
| Above 65, up to 70 | 7.5% | 16.5% |
| Above 70 | 5% | 12.5% |
The rates on monthly wages above the band where they are graduated in. A Permanent Resident in the first two years pays lower rates, and a foreigner pays none.
CPF wage ceilings
| Item | Value |
|---|---|
| Ordinary Wage ceiling, a month | $8,000 |
| All wages for the year | $102,000 |
A bonus or one-off payment is an Additional Wage. CPF on it stops at the year's Additional Wage ceiling: the annual limit less your ordinary pay subject to CPF in the year.
Self-help group contributions
| Fund | A month |
|---|---|
| Chinese Development Assistance Council (CDAC) Fund | $0.50 to $3.00 |
| Eurasian Community Fund (ECF) | $2.00 to $20.00 |
| Mosque Building and Mendaki Fund (MBMF) | $3.00 to $26.00 |
| Singapore Indian Development Association (SINDA) Fund | $1.00 to $30.00 |
Each fund rises in steps with your total wages for the month. You can opt out with the group.
Common questions
How is income tax worked out in Singapore?
On your income for the whole year, assessed by IRAS after the year ends: your 2026 income is taxed in Year of Assessment 2027. A tax resident pays nothing on the first $20,000 of chargeable income, then rates rising from 2% to 24% on income above $1,000,000. Income tax is not taken from your pay; IRAS sends you a bill.
How much CPF do I pay?
As a Citizen, or a Permanent Resident from the third year, aged 55 or under, you pay 20% of your wages and your employer adds its own share on top, 37% in all. CPF on your ordinary pay stops at the Ordinary Wage ceiling of $8,000 a month, and CPF on all your wages for the year stops at $102,000. A foreigner pays no CPF.
What is a self-help group contribution?
A small monthly deduction your employer passes to the community fund your race or religion names: CDAC, ECF, MBMF or SINDA. It rises in steps with your wages for the month, and you can opt out with the group. This calculator takes none unless you choose a group.
MyNetIncome gives estimates, not tax or financial advice. Figures follow the rules of IRAS and the CPF Board for income earned in 2026; your payslip and your tax bill can differ because of reliefs, rebates or deductions this page does not ask about. Not affiliated with or endorsed by IRAS or the CPF Board.Estimates, not tax or financial advice. Your payslip and tax bill can differ. Not affiliated with IRAS or the CPF Board.