Singapore Income Tax Calculator YA2025 — IRAS Rates
Calculate Singapore income tax for YA2025 and YA2026 using current IRAS (Inland Revenue Authority of Singapore) resident and non-resident rates. Enter your chargeable income and get your tax liability, effective rate, and after-tax income instantly.
How Singapore Income Tax Is Calculated
- Enter your chargeable income — gross employment or self-employment income minus all IRAS-allowable deductions and personal reliefs (Earned Income Relief, CPF top-up, NSman, etc.).
- Select Year of Assessment and residency — YA2025 covers income earned in calendar year 2024. Tax residents use progressive brackets; non-residents use flat rates.
- Read your tax breakdown — IRAS applies the progressive rates to each income band cumulatively. The result shows your tax payable, effective and marginal rates, after-tax income, and monthly equivalent.
Singapore Income Tax Rates YA2025 — Complete IRAS Guide
Singapore operates a progressive income tax system administered by IRAS. Tax residents pay on a sliding scale from 0% to 24%, with effective rates that remain among the lowest in Asia. Most wage earners with chargeable income below S$320,000 pay an effective rate under 15%. Singapore has no capital gains tax and no inheritance tax.
YA2025 Resident Tax Brackets
| Chargeable Income (S$) | Rate on Band | 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 |
| Next $180,000 ($320,001–$500,000) | 22% | $84,150 |
| Next $500,000 ($500,001–$1,000,000) | 23% | $199,150 |
| Above $1,000,000 | 24% | $199,150 + 24% on excess |
The 24% top rate was introduced from YA2024 for income above S$1,000,000 (up from 22% on S$320,001–S$500,000). The YA2026 brackets are unchanged based on current Budget 2025 guidance.
Personal Reliefs That Reduce Chargeable Income
Singapore residents can claim several IRAS reliefs to reduce their chargeable income. The most common include:
- Earned Income Relief: S$1,000 (under 55), S$6,000 (55–59), S$8,000 (60 and above) — automatically applied to employment income earners.
- CPF Cash Top-Up Relief: Up to S$8,000 for contributions to your own Special or Retirement Account, plus S$8,000 for topping up a family member's account.
- NSman Relief: S$3,000 for active NSmen (key appointment holders or operationally ready), S$1,500 for other NSmen in the year of service.
- Spouse / child / dependent reliefs, parent relief, life insurance, SRS (Supplementary Retirement Scheme): Claim these in IRAS myTax Portal during e-filing.
This calculator applies the Earned Income Relief based on your age selection, plus any CPF top-up and other reliefs you enter. Consult IRAS for the full list of reliefs and eligibility conditions.
Non-Resident Income Tax Rates
Non-residents are not entitled to personal reliefs or the progressive brackets for employment income. Employment income is taxed at the higher of 15% flat or the resident rates — which ensures non-residents cannot benefit from Singapore's zero-tax first S$20,000 band. Director's fees, consultant fees, and other non-employment income are taxed at a flat 24%.
Sources: IRAS Individual Income Tax Rates — iras.gov.sg. Reviewed May 2025.
Frequently Asked Questions
For Singapore tax residents in YA2025 (income earned in 2024), rates are progressive: 0% on the first S$20,000; 2% on S$20,001–S$30,000; 3.5% on S$30,001–S$40,000; 7% on S$40,001–S$80,000; 11.5% on S$80,001–S$120,000; 15% on S$120,001–S$160,000; 18% on S$160,001–S$200,000; 19% on S$200,001–S$240,000; 19.5% on S$240,001–S$280,000; 20% on S$280,001–S$320,000; 22% on S$320,001–S$500,000; 23% on S$500,001–S$1,000,000; and 24% above S$1,000,000.
Chargeable income is your gross income minus all allowable deductions and personal reliefs. Common reliefs include the Earned Income Relief (S$1,000 for under 55; S$6,000 for ages 55–59; S$8,000 for 60 and above), CPF mandatory contributions, NSman relief, and others claimed via your IRAS e-filing. Enter your estimated chargeable income — or gross income if you have no reliefs — to estimate your tax.
IRAS stands for the Inland Revenue Authority of Singapore — the government agency that collects income tax. The filing deadline for residents with employment income only is typically 18 April (e-filing) or 15 April (paper). Self-employed and individuals with complex income sources should file by 18 April. IRAS sends a Notice of Assessment after processing; any tax due must be paid within 30 days.
Non-resident individuals are taxed differently depending on income type. Employment income is taxed at the higher of 15% flat or the resident rate — this prevents non-residents from benefiting from Singapore's zero-tax first S$20,000. Director's fees, consultant fees, and other non-employment income are taxed at a flat 24%. Non-residents are not entitled to personal reliefs.
From YA2024, a new top marginal rate of 24% applies to chargeable income exceeding S$1,000,000 (up from 22% on income between S$500,001 and S$1M, with the 23% band for S$500K–S$1M introduced in YA2023). These changes were announced in Singapore Budget 2022. For most wage earners with income below S$500,000, the effective rates remain unchanged from prior years.
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