Singapore uses a progressive resident tax system with a top marginal rate of 24% for chargeable income above $1 million.
| Chargeable Income | Rate |
|---|---|
| First $20,000 | 0% |
| Next $10,000 | 2% |
| Next $10,000 | 3.5% |
| Next $40,000 | 7% |
| Next $40,000 | 11.5% |
| Next $40,000 | 15% |
| Next $40,000 | 18% |
| Next $40,000 | 19% |
| Next $40,000 | 19.5% |
| Next $40,000 | 20% |
| $320,001 – $500,000 | 22% |
| $500,001 – $1,000,000 | 23% |
| Above $1,000,000 | 24% |
You're a tax resident if you're a Singapore Citizen/PR who resides in Singapore, or a foreigner who stayed/worked in Singapore for 183 days or more in the year. Non-residents are taxed at a flat 15% on employment income, or resident rates, whichever gives a higher tax amount.
See your exact tax based on these brackets.
Use the Income Tax Calculator →Tax brackets are set in the annual Budget. Verify current figures with IRAS before filing.