Singapore · Updated for 2026 (YA 2027)
Singapore income tax calculator, YA 2027
On S$60,000 earned in 2026, a tax resident aged 30 who pays CPF has S$47,000 of chargeable income after reliefs and pays S$1,040.00 income tax for YA 2027: 1.7% of the income.
Type what you earn in 2026, salary and bonus together.
S$60,000 in 2026 · tax resident
S$1,040.00 income tax for YA 2027
1.7% of your income. Set aside S$86.67 a month to pay it.
| Amount | |
|---|---|
| Income | S$60,000.00 |
| Earned Income Relief | −S$1,000.00 |
| CPF Relief | −S$12,000.00 |
| Chargeable income | S$47,000.00 |
| S$20,000 at 0% | S$0.00 |
| S$10,000 at 2% | S$200.00 |
| S$10,000 at 3.5% | S$350.00 |
| S$7,000 at 7% | S$490.00 |
| Tax, YA 2027 | S$1,040.00 |
How is income tax worked out in Singapore?
On the year’s income, after reliefs, then band by band. S$60,000 for a tax resident aged 30 who pays CPF:
- Reliefs. Earned Income Relief S$1,000.00 and CPF Relief S$12,000.00 (the employee CPF on the income, paid evenly over the year).
- Chargeable income. S$60,000 − S$13,000 = S$47,000.
- Tax. S$20,000 at 0% = S$0.00; S$10,000 at 2% = S$200.00; S$10,000 at 3.5% = S$350.00; S$7,000 at 7% = S$490.00. In all, S$1,040.00 for YA 2027.
What are the income tax rates for YA 2027?
Tax residents pay these rates on chargeable income earned in 2026. They have not changed since YA 2024.
| Chargeable income | Rate | Tax at the top of the band |
|---|---|---|
| First S$20,000 | 0% | S$0 |
| S$20,000 to S$30,000 | 2% | S$200 |
| S$30,000 to S$40,000 | 3.5% | S$550 |
| S$40,000 to S$80,000 | 7% | S$3,350 |
| S$80,000 to S$120,000 | 11.5% | S$7,950 |
| S$120,000 to S$160,000 | 15% | S$13,950 |
| S$160,000 to S$200,000 | 18% | S$21,150 |
| S$200,000 to S$240,000 | 19% | S$28,750 |
| S$240,000 to S$280,000 | 19.5% | S$36,550 |
| S$280,000 to S$320,000 | 20% | S$44,550 |
| S$320,000 to S$500,000 | 22% | S$84,150 |
| S$500,000 to S$1,000,000 | 23% | S$199,150 |
| Above S$1,000,000 | 24% |
Which reliefs does this include?
Earned Income Relief is automatic: S$1,000 below age 55, S$6,000 from 55 to 59 and S$8,000 from 60, never more than what you earned. CPF Relief is the employee CPF you paid; tick the box if you pay CPF, and we work it out as if your income were paid evenly over the year. Paid a bonus? The salary calculator works out CPF on the bonus too. Add any other reliefs you claim, such as for children, parents or SRS. All reliefs together are capped at S$80,000 a year.
How are non-residents taxed?
A non-resident gets no reliefs. Employment income is taxed at 15%, or at the resident rates if that comes to more, which happens on high incomes. Untick “Tax resident” to see it. Who counts as a tax resident is set by IRAS: broadly, citizens and PRs who live here, and foreigners who stay or work here 183 days or more in the year.
What does this leave out?
Tax rebates (none has been announced for YA 2027), donations, rental and other income, and the Parenthood Tax Rebate. For your own tax, use IRAS’s calculators or its myTax Portal. Figures for 2026 income.
What else can I work out?
Questions about income tax in Singapore
How much income tax do I pay on S$60,000 in Singapore?
S$1,040.00 for YA 2027, if you are a tax resident aged 30 who pays CPF: your reliefs (S$1,000 Earned Income Relief and S$12,000 CPF Relief) leave S$47,000 chargeable. On S$150,000 it is S$9,420.00.
Is the first S$20,000 of income tax-free?
Yes, for tax residents. They pay nothing on the first S$20,000 of chargeable income, then 2% on the next S$10,000, rising in steps to 24% above S$1,000,000.
Who is a tax resident?
Singapore Citizens and PRs who live in Singapore, and foreigners who stayed or worked in Singapore for at least 183 days in the year (or under the other rules IRAS lists). Everyone else is taxed as a non-resident.
How are non-residents taxed on a salary?
At 15% of the employment income, or at the resident rates with no reliefs if that comes to more. On S$21,000: S$3,150.00.
When do I pay the tax?
The year after you earn the income: tax on 2026 income is for the Year of Assessment 2027. It is not taken from your pay, so it helps to set aside about a twelfth each month: S$86.67 on S$60,000.