Singapore Tax Bracket 2026: Latest Personal Income Tax Rates

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Singapore utilizes a progressive tax system for residents with rates ranging from 0% to 24%, while non-residents are subject to flat rates or higher tax liabilities.

Tax residency determines eligibility for tax reliefs and is generally established by staying or working in Singapore for at least 183 days in a calendar year.

Filings must be submitted by mid-April annually, and failure to comply can result in financial penalties, estimated assessments, or legal enforcement.

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Understanding Singapore tax brackets is key to knowing how much tax you really pay. This 2026 guide explains the latest personal income tax rates, how the progressive system works, and what they mean for residents and non-residents.

What Is a Singapore Tax Bracket?

A Singapore tax bracket is a range of income taxed at a specific rate under Singapore’s progressive personal income tax system. Instead of taxing your entire income at one rate, Singapore applies higher tax rates only to higher portions of income.

This means lower-income portions are taxed at lower rates, while income above certain thresholds is taxed at higher rates. The system mainly applies to tax residents, while non-residents are subject to different tax rules and rates.

Overall, Singapore’s tax bracket system is simple, transparent, and taxpayer-friendly, helping keep personal income tax relatively low for most individuals.

How Singapore’s Progressive Income Tax System Works

Singapore uses a progressive income tax system, meaning your tax rate increases as your income increases. However, the higher tax rates apply only to the portion of income within each tax bracket, not to your entire income.

Each level of income is taxed separately, starting from the lowest rate and moving upward. As a result, even high-income earners continue to enjoy lower tax rates on the first portions of their income.

This system helps balance fairness and efficiency: lower- and middle-income earners face a lighter tax burden, while higher-income individuals contribute more in absolute terms. It also ensures that Singapore’s personal income tax system remains predictable, transparent, and competitive by global standards.

The exact tax rates and income thresholds depend on whether you are classified as a tax resident or non-resident, which is explained in the next sections.

Singapore Personal Income Tax Brackets 2026 (Latest Update)

Singapore Tax Brackets for Tax Residents

For tax residents in Singapore, personal income tax is charged at progressive rates that increase with chargeable income. As of the Year of Assessment (YA), resident tax rates range from 0% to 24%.

Below is an overview of the Singapore resident tax brackets:

Chargeable Income	Income Tax Rate (%)	Gross Tax Payable ($)
First $20,000	0	0
Next $10,000	2	200
First $30,000	–	200
Next $10,000	3.5	350
First $40,000	–	550
Next $40,000	7	2,800
First $80,000	–	3,350
Next $40,000	11.5	4,600
First $120,000	–	7,950
Next $40,000	15	6,000
First $160,000	–	13,950
Next $40,000	18	7,200
First $200,000	–	21,150
Next $40,000	19	7,600
First $240,000	–	28,750
Next $40,000	19.5	7,800
First $280,000	–	36,550
Next $40,000	20	8,000
First $320,000	–	44,550
Next $180,000	22	39,600
First $500,000	–	84,150
Next $500,000	23	115,000
First $1,000,000	–	199,150
In excess of $1,000,000	24

Singapore Tax Rates for Non-Residents

For non-residents, personal income tax is applied differently than for tax residents:

• Employment Income: Taxed at a flat rate of 15% or the progressive resident tax rates, whichever results in a higher tax amount.
• Other Income: Income such as director’s fees, consultancy fees, and rental income is generally taxed at a flat rate of 24% (from YA 2024 onwards), unless a reduced withholding tax rate applies under a tax treaty.
• Withholding Tax: Certain payments to non-residents are subject to withholding tax, with rates depending on the nature of the income and the specific Year of Assessment.

Additionally, non-residents are ineligible for personal tax reliefs. Consequently, their chargeable income is often higher than that of residents, as fewer deductions can be claimed to offset the total amount.

How to Determine Your Tax Residency Status

Your tax residency status in Singapore determines the applicable tax rates and your eligibility for personal tax reliefs. This status is primarily based on the duration of your stay or employment within a calendar year.

You are generally treated as a tax resident if:

• You are a Singapore Citizen or Permanent Resident who resides in Singapore.
• You are a foreigner who has stayed or worked in Singapore for at least 183 days in a calendar year.
• You work in Singapore for a continuous period spanning three consecutive calendar years, even if your stay is less than 183 days in the first or third year.
• You work in Singapore across two calendar years with a total stay of at least 183 days (including time immediately before and after employment). Note: This administrative concession applies to employees and excludes directors, public entertainers, and professionals.

If none of the above conditions are met, you will be classified as a non-resident, and different tax rules and rates will apply.

How to Reduce Your Taxable Income (Legal Tax Reliefs)

Singapore offers various legal tax reliefs to help reduce your chargeable income and overall tax payable. These reliefs mainly apply to tax residents and are deducted before income tax is calculated.

Common tax reliefs include:

• Earned Income Relief for employed and self-employed individuals
• CPF Relief for mandatory and voluntary CPF contributions
• Family Reliefs (Parent, Spouse, and Child Reliefs) for supporting eligible dependants
• Course Fees Relief for approved, career-related training and education
• Life Insurance Relief, subject to qualifying conditions

Each relief has specific eligibility requirements and caps. In addition, total personal income tax relief is capped at $80,000 per Year of Assessment, ensuring fair and reasonable claims.

Filing Your Taxes: Deadlines & Penalties

In Singapore, personal income tax returns must be filed annually with the Inland Revenue Authority of Singapore (IRAS). The statutory deadlines are 15 April for paper submissions and 18 April for e-filing.

If you are placed under the No-Filing Service (NFS) scheme, you are not required to file a return. However, it remains your responsibility to verify the accuracy of your auto-generated tax assessment and inform IRAS of any discrepancies.

Failure to file on time may lead to:

• Late filing penalties and composition fees.
• Estimated tax assessments issued by IRAS, which may be higher than your actual liability.
• Legal or enforcement actions for persistent non-compliance.

To avoid these consequences, ensure you file early and verify your income details. Promptly responding to IRAS notices will help ensure a seamless process and prevent avoidable financial penalties.

Example: How Income Tax Is Calculated Under Singapore Tax Brackets

To illustrate how Singapore’s progressive income tax system works, let’s walk through a step-by-step example for a tax resident.

Step 1: Determine Your Chargeable Income

Assume an individual earns an annual salary of SGD 80,000 and qualifies for SGD 10,000 in personal tax reliefs.

• Gross annual income: SGD 80,000
• Less: personal tax reliefs: SGD 10,000
• Chargeable income: SGD 70,000

Step 2: Apply Progressive Tax Rates

Singapore taxes income in “slices,” with each portion taxed at a different rate:

• First SGD 20,000: 0% → SGD 0
• Next SGD 10,000: 2% → SGD 200
• Next SGD 10,000: 3.5% → SGD 350
• Remaining SGD 30,000: 7% → SGD 2,100

Step 3: Calculate Total Tax Payable

Add the tax from each bracket:

• SGD 0 + 200 + 350 + 2,100 = SGD 2,650
• Total income tax payable: SGD 2,650

Step 4: Understand the Effective Tax Rate

Although the highest marginal tax rate applied is 7%, the individual’s effective tax rate is much lower:

SGD 2,650 ÷ SGD 80,000 ≈ 3.3%

Key takeaway

Under Singapore’s progressive tax brackets, higher tax rates apply only to higher portions of income, not your entire salary. This keeps the overall tax burden low, fair, and competitive, even as income increases.

Simplify Your Singapore Tax Filing with Koobiz

Navigating Singapore’s personal income tax rules can be time-consuming, especially if you have multiple income sources, cross-border arrangements, or changing residency status. That’s where Koobiz can help.

Koobiz provides end-to-end personal tax support, including:

• Assessing your tax residency status accurately
• Reviewing income sources and identifying eligible tax reliefs
• Preparing and filing your tax return in line with IRAS requirements
• Advising on tax optimisation strategies while staying fully compliant

Whether you are a local resident, expatriate, or foreign professional, Koobiz helps ensure your tax filing is accurate, timely, and stress-free—so you can focus on work and life in Singapore with confidence.

If you want a smoother tax experience and peace of mind during tax season, professional support can make all the difference.

Common Questions About Singapore Tax Brackets (FAQ)

Does Singapore have a tax-free threshold?

Yes. Singapore effectively provides a tax-free threshold for tax residents. The first SGD 20,000 of chargeable income is taxed at 0%, meaning no income tax is payable on this portion.

Do low-income earners need to pay income tax in Singapore?

In many cases, no. If your chargeable income (after allowable deductions and reliefs) remains below SGD 20,000, your tax payable will be zero. As a result, many residents earning a modest income face little to no income tax.

Is Singapore considered a low-tax jurisdiction?

Yes. Singapore is widely recognised as a low-tax and business-friendly jurisdiction. Key features include:

• Progressive personal income tax rates capped at 24% (from YA 2024)
• No capital gains tax on investment profits
• Tax-exempt dividends for individuals under the one-tier corporate tax system

Do Singapore’s tax brackets change every year?

Not necessarily. Singapore’s tax structure is generally stable, but changes may be introduced during the Annual Budget and applied from a specific Year of Assessment. For example, the top marginal tax rate was recently raised to 24% to enhance progressivity. Always refer to the latest IRAS guidelines for current rates.