What is chargeable income?

Chargeable income is your total income minus all allowable deductions and reliefs, including CPF contributions, Earned Income Relief, and other qualifying reliefs.

Who needs to file income tax in Singapore?

You must file if your annual income exceeds S$22,000. Singapore residents pay progressive rates; non-residents pay 15% flat or resident rates, whichever is higher.

How do I reduce income tax in Singapore?

Maximize reliefs: contribute to SRS (up to S$15,300 for citizens/PR), claim all eligible reliefs, and donate to approved IPCs for 250% tax deductions.

What is the IRAS tax filing deadline?

15 April (paper) or 18 April (e-filing) annually. Late filing attracts a S$200–S$1,000 penalty.

Singapore Income Tax Calculator 2024 — IRAS Tax Rates | Temporary Email Address generator edu email 2026

Singapore Income Tax Rates 2024

Singapore uses a progressive tax system where higher income is taxed at higher rates. The first S$20,000 of chargeable income is tax-free. The highest marginal rate is 22% for income above S$320,000. Singapore's tax rates are among the lowest in Asia-Pacific, making it attractive for professionals and businesses.

Chargeable Income	Tax Rate	Tax on Band
First S$20,000	0%	S$0
Next S$10,000	2%	S$200
Next S$10,000	3.5%	S$350
Next S$40,000	7%	S$2,800
Next S$40,000	11.5%	S$4,600
Next S$40,000	15%	S$6,000
Next S$40,000	18%	S$7,200
Next S$40,000	19%	S$7,600
Next S$40,000	19.5%	S$7,800
Next S$40,000	20%	S$8,000
Above S$320,000	22%	On excess

Frequently Asked Questions

Chargeable income is your total income minus all allowable deductions and personal reliefs. It's the amount on which your income tax is actually calculated. Common reliefs include CPF contributions (up to S$37,740), Earned Income Relief (up to S$8,000 for under-55s), NSman relief, parent relief, and child relief.

You must file if your annual income exceeds S$22,000. Singapore residents (citizens, PRs, foreigners residing 183+ days) pay resident tax rates. Non-residents are taxed at a flat 15% or resident rates, whichever is higher. Most employees with only employment income and auto-inclusion are on No-Filing Service (NFS).

Maximize personal reliefs: contribute to CPF Supplementary Retirement Scheme (SRS) up to S$15,300 (citizens/PR) or S$35,700 (foreigners), claim all eligible reliefs (earned income, parent, spouse, NSman), invest in qualifying insurance policies, and make donations to approved IPCs (250% tax deduction).

The IRAS income tax filing deadline is 15 April (paper) or 18 April (e-filing) each year for the previous year's income. You can pay by GIRO (automatic monthly deductions), PayNow, or one-time payment via internet banking or AXS. Late filing attracts a penalty of S$200 to S$1,000.

Quick Facts

✓ 2024 IRAS progressive rates
✓ Includes relief deduction
✓ Shows tax by bracket
✓ Monthly tax estimate
✓ 100% free, browser-based