Singapore Income Tax Rates and Brackets 2026: Complete Guide
Last reviewed: June 2026
Quick Answer
Singapore uses progressive personal income tax for residents, ranging from 0% on the first SGD 20,000 of chargeable income up to 24% on income above SGD 1 million. Common reliefs like CPF, Earned Income Relief, and SRS reduce your chargeable income, so most middle earners pay an effective rate of roughly 5% to 7%.
Rates as of 2026. Verify with official sources before filing.
Singapore's 2026 income tax rates are progressive, running from 0% on the first SGD 20,000 of chargeable income up to 22% on income above SGD 320,000. This page is a quick-reference table for Singapore's 2026 income tax rate schedule. It covers all 13 brackets in the full rate table, a worked calculation showing exactly how progressive tax is applied at a mid-income salary, and a regional comparison against Malaysia, Thailand, Philippines, and Hong Kong. For a plain-English explanation of why effective rates are much lower than headline rates and which reliefs most employees can claim, see the Singapore Income Tax Guide 2026. To run your own numbers instantly, use the Singapore income tax calculator.
Singapore has one of the most competitive personal income tax regimes in Asia. The progressive system means higher earners pay higher rates, but only on income above each bracket threshold, and the wide range of available reliefs means your effective tax rate is often significantly lower than the headline rate for your income level.
This reference covers all 13 tax brackets for Year of Assessment (YA) 2026, a full breakdown of reliefs, and a worked example. Use the Singapore income tax calculator to run your own numbers instantly.
How Does Singapore's Progressive Tax System Work?
Progressive taxation means you only pay the higher rate on income above each bracket threshold. If your chargeable income is SGD 50,000, you pay 0% on the first SGD 20,000, 2% on the next SGD 10,000 (SGD 200), and 3.5% on the next SGD 10,000 (SGD 350), and 7% on the final SGD 10,000 (SGD 700). You do not pay 7% on your entire SGD 50,000.
The key figure is your chargeable income, which is your total income minus CPF contributions and applicable reliefs.
Singapore Income Tax Brackets for YA 2026
| Chargeable Income | Tax Rate | Gross Tax Payable |
|---|---|---|
| First SGD 20,000 | 0% | SGD 0 |
| Next SGD 10,000 (up to SGD 30,000) | 2% | SGD 200 |
| Next SGD 10,000 (up to SGD 40,000) | 3.5% | SGD 350 |
| Next SGD 40,000 (up to SGD 80,000) | 7% | SGD 2,800 |
| Next SGD 40,000 (up to SGD 120,000) | 11.5% | SGD 4,600 |
| Next SGD 40,000 (up to SGD 160,000) | 15% | SGD 6,000 |
| Next SGD 40,000 (up to SGD 200,000) | 18% | SGD 7,200 |
| Next SGD 40,000 (up to SGD 240,000) | 19% | SGD 7,600 |
| Next SGD 40,000 (up to SGD 280,000) | 19.5% | SGD 7,800 |
| Next SGD 40,000 (up to SGD 320,000) | 20% | SGD 8,000 |
| Above SGD 320,000 | 22% | 22% on the excess |
Which Tax Reliefs Reduce Your Chargeable Income?
IRAS provides a range of reliefs that reduce the income you pay tax on. These are not deducted from your tax bill; they are deducted from your income before the tax brackets are applied.
- CPF employee contributions: The full amount you contribute to CPF from your salary is deducted automatically. For an employee under 55 earning SGD 6,000 per month, this is SGD 1,200 per month, or SGD 14,400 per year.
- Earned Income Relief: SGD 1,000 if you are below 55, SGD 6,000 if aged 55 to 59, SGD 8,000 if aged 60 and above.
- NS Relief: For NSmen (full-time and Operationally Ready), up to SGD 3,000. Parents and wives of NSmen may also qualify.
- Course Fees Relief: Up to SGD 5,500 for approved courses and examinations related to your trade or profession.
- Parent Relief: SGD 9,000 per parent if your parent lives with you, SGD 5,500 if not residing together. Higher amounts apply for handicapped parents.
- SRS contributions: Contributions to your Supplementary Retirement Scheme account are fully deductible, up to SGD 15,300 per year for Singapore Citizens and PRs.
- CPF Cash Top-Up Relief: Cash top-ups to your SA or RA, and to a family member's SA or RA, qualify for up to SGD 8,000 in relief each.
The total amount of personal reliefs you can claim is capped at SGD 80,000 per year. For a full breakdown of every available relief, see IRAS at iras.gov.sg or use the Singapore income tax calculator, which includes the most common reliefs.
Worked Example
Example: SGD 72,000 Annual Salary
- Gross annual salary: SGD 72,000
- Less CPF employee contributions (20%): SGD 14,400
- Less Earned Income Relief: SGD 1,000
- Less Course Fees Relief: SGD 1,500
- Chargeable income: SGD 55,100
Tax calculation on SGD 55,100:
- First SGD 20,000 at 0% = SGD 0
- Next SGD 10,000 at 2% = SGD 200
- Next SGD 10,000 at 3.5% = SGD 350
- Remaining SGD 15,100 at 7% = SGD 1,057
- Total tax: approximately SGD 1,607
Effective tax rate: SGD 1,607 / SGD 72,000 = approximately 2.2%
Last reviewed: June 2026
This example shows why Singapore's effective rates are so low. The combination of CPF deductions, reliefs, and the zero tax on the first SGD 20,000 means the actual percentage of gross income paid as tax is typically much lower than the headline bracket rate.
How Does Singapore Compare Regionally?
| Country | Top Marginal Rate | Effective Rate (SGD 80K equiv.) |
|---|---|---|
| Singapore | 22% | ~5-7% |
| Malaysia | 30% | ~8-12% |
| Thailand | 35% | ~10-15% |
| Philippines | 35% | ~15-20% |
| Hong Kong | 17% | ~8-10% |
Singapore consistently ranks as one of the lowest income tax jurisdictions in Asia, particularly at mid-income levels. The combination of a low top rate, generous reliefs, and the zero band on the first SGD 20,000 keeps effective rates very competitive.
Calculate your exact tax. Enter your annual income and reliefs into the Singapore income tax calculator to see your estimated tax payable and effective rate for YA 2026.