Singapore Personal Income Tax Calculator (IRAS)

Calculate Singapore personal income tax for YA2024 with progressive rates: 0% up to SGD 20,000; 2% on SGD 20,001–30,000; 3.5% on SGD 30,001–40,000; 7% on SGD 40,001–80,000; 11.5% on SGD 80,001–120,000; 15% on SGD 120,001–160,000; 18% on SGD 160,001–200,000; 19% on SGD 200,001–240,000; 19.5% on SGD 240,001–280,000; 20% on SGD 280,001–320,000; 22% on SGD 320,001–500,000; 23% on SGD 500,001–1,000,000; 24% above SGD 1,000,000.

Singapore resident income taxRule year: Year of Assessment 2024. Resident progressive rates on chargeable income after reliefs. Non-resident employment income is compared at the flat 15% rate.
Total annual income (S$)
Reliefs and deductions (S$)
S$2,650resident tax payable
Chargeable incomeS$70,000
Marginal rate7.0%
Effective rate3.79%
Take-homeS$67,350
Tax by bracket
BracketRateIncomeTax
S$0 – 20,0000.00%S$20,000S$0
S$20,000 – 30,0002.00%S$10,000S$200
S$30,000 – 40,0003.50%S$10,000S$350
S$40,000 – 80,0007.00%S$30,000S$2,100
Total resident tax payableS$2,650
Non-resident comparison: employment income taxed at the flat 15% rate would be S$10,500. A non-resident pays whichever is higher, the 15% flat rate or the resident rates.
Assumptions: Rule year: Year of Assessment 2024 (income earned in 2023). Resident rates run from 0% on the first S$20,000 to 24% above S$1,000,000. Chargeable income is total income less reliefs; the S$80,000 overall personal relief cap is not enforced here. Non-residents are taxed at 15% on employment income or the resident rates, whichever is higher. Source: IRAS, "Individual Income Tax rates". Illustrative, not tax advice.
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Singapore's income tax is progressive but starts very low and stays low for a long way up. A resident earning S$40,000 pays an effective rate under 2%, and even at S$120,000 the effective rate is only around 7%. The headline 24% top rate does not bite until chargeable income passes S$1,000,000. For anyone weighing a move to Singapore, or comparing a local offer against one in Hong Kong or Dubai, the practical question is usually not the top rate but where the effective rate crosses the rate in the country being left behind.

How the calculation runs

Chargeable income is total income less reliefs and deductions. The most common deduction for an employee is the CPF contribution, which is deductible up to the annual statutory limit; the Earned Income Relief and the parent, spouse, and child reliefs also reduce the base. The progressive scale is then applied band by band, so each rate applies only to the income inside its band. The calculator takes a chargeable income figure and reports the tax, the marginal rate, and the effective rate.

Where the effective rate lands

At S$30,000 the tax is S$200, an effective rate of 0.7%. At S$80,000 it is S$3,350, or 4.2%. At S$160,000 it is S$13,950, or 8.7%. At S$320,000 it is S$42,550, or 13.3%. The curve is gentle because the bands are wide and the early rates are low. The top marginal rate of 24% applies only above S$1,000,000, and even there the effective rate on the whole income is far below 24%.

Assumptions and related tools

Rule year YA2024. The calculator applies the resident progressive scale to the chargeable income you enter and does not compute reliefs or deductions for you — enter the figure after reliefs. Non-resident rates, the tax rebate for YA2024, and the CPF contribution limits are not modelled. CPF contributions themselves are deductible, so the CPF allocation and retirement projection calculators on this site are the natural next step if you are working out the full picture. Source: Inland Revenue Authority of Singapore, individual income tax rates for YA2024.

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