Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

Tax Calculator · 2026

Singapore Income Tax Calculator 2026

Calculate your exact net salary in Singapore after Personal Income Tax (residents) and social security. All 11 tax brackets. Updated Q1 2026.

Tax year 4 months ago· Pending quarterly update
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Gross Annual Salary
S$
Social Security (20.0%)−S$10,000
Income Tax−S$550
Net AnnualS$39,450
Net / month (12×)S$3,288
Effective Rate21.1%
Employer Side

Your employer pays an additional S$8,500 (17.0% of gross). Total employment cost = S$58,500.

Bracket-by-Bracket Tax Owed
01
0%
02
2%
S$200
03
3.5%
S$350
04
7.0%
05
11.5%
06
15%
07
18%
08
19%
09
19.5%
10
20%
11
22%
Total TaxS$10,550
§ 01
System

How income tax works in Singapore

Income tax in Singapore is administered by the Inland Revenue Authority of Singapore (IRAS) under Personal Income Tax (residents). CPF (Central Provident Fund) 20% employee + 17% employer applies to citizens/PRs only — not foreigners. SRS contributions tax-deductible.

Singapore uses a progressive schedule of 11 brackets: each slice of income is taxed at the rate of the band it falls in — not your highest rate applied to the whole salary. Social security (20.0% of gross) is deducted first; income tax is then applied to the remainder band-by-band.

Singapore pays salaries across 12 monthly instalments.

§ 02
Calendar

Key tax dates in Singapore

EventDate / Note
Tax year start1 January
Tax year end31 December
Filing deadline18 April (e-Filing)
Withholding regimePersonal Income Tax (residents)
§ 03
Deductions

Deductions and allowances

  • ·Earned income relief (S$1,000)
  • ·CPF cash top-up (S$8,000)
  • ·SRS contributions (S$15,300 foreigners)
  • ·Parent / spouse / child relief

CPF (Central Provident Fund) 20% employee + 17% employer applies to citizens/PRs only — not foreigners. SRS contributions tax-deductible.

§ 04
Regimes

Special tax regimes

Not Ordinarily Resident (NOR) scheme phased out. Tax residents enjoy progressive rates; non-residents flat 15% or progressive (whichever higher).

Read full guide →
§ 05
Schedule

All 11 brackets for 2026

#Income Range (S$)MarginalEffective at Top
01S$0 S$20,0000%20.0%
02S$20,000 S$30,0002%20.3%
03S$30,000 S$40,0003.5%20.7%
04S$40,000 S$80,0007.0%22.8%
05S$80,000 S$120,00011.5%24.3%
06S$120,000 S$160,00015%25.7%
07S$160,000 S$200,00018%27.0%
08S$200,000 S$240,00019%28.2%
09S$240,000 S$280,00019.5%29.2%
10S$280,000 S$320,00020%30.0%
11S$320,000 22%

Source · Inland Revenue Authority of Singapore (IRAS) · Data updated Q1 2026

§ 06
FAQ

Frequently asked

What is the income tax rate in Singapore?+

Singapore applies progressive Personal Income Tax (residents) rates from 0.0% on the lowest band up to 22.0% on the highest, across 11 brackets in 2026.

How much social security do you pay in Singapore?+

Employees pay 20.0% of gross salary as social security. CPF (Central Provident Fund) 20% employee + 17% employer applies to citizens/PRs only — not foreigners. SRS contributions tax-deductible.

What is the Personal Income Tax (residents) personal allowance in Singapore?+

The main allowances are: Earned income relief (S$1,000); CPF cash top-up (S$8,000). See §03 for the full list.

When do you file taxes in Singapore?+

The filing deadline in Singapore is 18 April (e-Filing). Tax year runs 1 January to 31 December.

How much take-home pay on S$70,000 gross in Singapore?+

On a S$70,000 gross salary the effective rate is 22.4%, leaving approximately S$54,330 net per year — about S$4,528 per month across 12 payments. (For reference: S$50,000 gross nets S$39,450.)

Does Singapore have any special tax regimes for expats?+

Not Ordinarily Resident (NOR) scheme phased out. Tax residents enjoy progressive rates; non-residents flat 15% or progressive (whichever higher).

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