See exactly how much each option saves you in income tax
YA 2026 rates verified: June 2026
20% of gross salary up to OW ceiling of S$8,000/month (max S$19,200/year for OW).
Top-ups to own CPF SA (below 55) or RA (above 55). Capped at S$8,000 for own account relief.
For YA 2026, you can claim up to SGD 8,000 in tax relief for cash top-ups to your own CPF SA or RA, and an additional SGD 8,000 for top-ups to the SA or RA of family members. The maximum total CPF Cash Top-Up Relief is SGD 16,000 per year.
For YA 2026, Singapore Citizens and Permanent Residents can contribute up to SGD 15,300 per year to their SRS account. Foreigners have a higher limit of SGD 35,700. SRS contributions reduce your chargeable income dollar for dollar, subject to the overall personal income tax relief cap of SGD 80,000.
Yes. CPF Cash Top-Up Relief and SRS Relief are separate categories and can be combined in the same tax year. The combined relief is subject to the overall personal income tax relief cap of SGD 80,000 per year.
IRAS lists a Personal Income Tax Rebate for YA 2024 and YA 2025 only. It lists none for YA 2026, so this calculator deducts none.
Tax is calculated using the 13-bracket progressive system for YA 2026. Each bracket rate applies only to the slice of income within that band. IRAS lists no Personal Income Tax Rebate for YA 2026, so none is deducted. Both CPF top-up and SRS contributions reduce chargeable income before the tax calculation runs.
The tax saving shown is the difference between your tax without the contribution and your tax after the contribution. The per-SGD-1,000 saving reflects your effective marginal rate on the contribution amount.
This calculator does not factor in the separate CPF Retirement Sum Topping-Up Scheme relief for family members (additional SGD 8,000). It applies the overall SGD 80,000 personal income tax relief cap to your CPF, other reliefs, top-up and SRS together.
⚠️ Financial Disclaimer: Rates as of 2026. Verify with official sources before acting. For educational purposes only, not financial advice. Calculations on this site are for informational purposes only and do not constitute financial advice. Tax results are estimates based on IRAS rates for YA 2026 and may not reflect your actual tax assessment. Consult IRAS myTax Portal or a qualified tax advisor for your personal tax position.