Income Tax in Singapore — 2026 Guide
Key insight: CPF (Central Provident Fund) sits on top of income tax and isn't optional: Singapore citizens and permanent residents contribute up to 20% of wages to CPF — a mandatory savings scheme, not a tax — matched by a substantial employer contribution. Foreigners on an Employment Pass generally don't contribute to CPF at all. Most people underestimate their total deduction by focusing on income tax alone.
Singapore uses a progressive income tax system, with marginal rates rising from the lowest bracket up to a top rate of 24%.
At a glance
- Currency: SGD ($)
- Tax year: 2026
- Top marginal rate: 24%
- Standard deduction (estimated): $0
- Typical filing deadline: 31 July
- Tax authority: Inland Revenue Authority of Singapore (IRAS)
- Payroll/social contribution: CPF (Central Provident Fund)
How income tax works here
Most residents of Singapore pay tax on income earned during the 2026 tax year. Employers typically withhold tax throughout the year, with a final reconciliation filed after the year ends. Self-employed individuals and those with additional income sources usually need to file a return directly with the tax authority.
Use the calculator on this page to estimate your take-home pay: enter your gross annual income and see an instant breakdown of tax owed, effective rate, and net income.
Who has to pay it: residency rules
You are a tax resident if you are a citizen or permanent resident living in Singapore, or a foreigner who has worked or stayed in Singapore for 183+ days in the calendar year.
Payroll and social contributions
Singapore citizens and permanent residents contribute up to 20% of wages to CPF — a mandatory savings scheme, not a tax — matched by a substantial employer contribution. Foreigners on an Employment Pass generally don't contribute to CPF at all. This calculator's estimate covers income tax only — budget separately for CPF (Central Provident Fund).
Common mistake to avoid
Confusing CPF contributions with income tax — CPF is a personal retirement savings account, not government revenue, and foreign Employment Pass holders typically don't pay into it at all.
Important note on accuracy
The bracket figures on this page reflect Singapore's published 2026 tax-year rates. They do not account for every credit, allowance, surcharge, or regional variation that may apply to your situation. Always confirm your final tax position with Inland Revenue Authority of Singapore (IRAS) or a licensed local tax advisor before filing or making financial decisions.