Individual Income Tax in Singapore

Scope of Charge

In Singapore, the place where individual income tax gets paid is the location where the income is earned.
All income earned or generated in Singapore is subject to taxation in Singapore. Generally speaking, foreign income received in Singapore is not subject to tax (except under special circumstances).

Filing Period

From 1 March to 15 April every year (filing for the previous year)

Tax Rates

In Singapore, different tax rates are applied to tax residents and non-tax residents.

• Tax residents are subject to a progressive tax rate.
• The salary income obtained by non-tax residents is subject to taxation at a uniform rate of 15% or the progressive rate applicable to tax residents, whichever results in a higher tax amount.
• Income from director fees, consulting fees and other sources obtained by non-tax residents are subject to the rate of 24%. Before YA 2024, the tax rate was 22% for non-resident individuals (except on employment income and certain income taxable at reduced withholding rates).

Starting from YA2024, tax residents are subject to the following progressive tax rate:

Taxable Income (S$)	Tax Rate (%)	Tax Payable Amount (S$)	Cummulative Tax Payable Amount (S$)
First 20,000	0	0	0
20,001- 30,000	2	200	200
30,001- 40,000	3.5	350	550
40,001- 80,000	7	2,800	3,350
80,001- 120,000	11.5	4,600	7,950
120,001- 160,000	15	6,000	13,950
160,001- 200,000	18	7,200	21,150
200,001- 240,000	19	7,600	28,750
240,001- 280,000	19.5	7,800	36,550
280,001- 320,000	20	8,000	44,550
320,001- 500,000	22	39,600	84,150
500,001- 1000,000	23	115,000	199,150
Over 1,000,000	24

Tax Reliefs

• Earned Income Relief

  Age as of 31 December of the Previous Year	Maximum Amount Claimable (S$)
  Below 55	1,000
  55 to 59	6,000
  60 and above	8,000

  Earned Income Relief for Persons with Disability

  Age as of 31 December of the Previous Year	Maximum Amount Claimable (S$)
  Below 55	4,000
  55 to 59	10,000
  60 and above	12,000

• Spouse Relief/ Spouse Relief (Disability)

  Spouse Relief (S$)	Spouse Relief (Disability) (S$)	Legally Separated Spouses (S$)
  2,000	5,500	Lower of: Maintenance payments in the previous year 2,000 for wife; or 5,500 for wife with disability

• Parenthood Tax Rebate (PTR)

  Child order	For child born in 2004 to 2007 (S$)	For child born from 2008 onwards (S$)
  1st	0	5,000
  2nd	10,000	10,000
  3rd	20,000	20,000
  4th	20,000	20,000
  5th and subsequent child	0	20,000 per child

• Qualifying Child Relief / Child Relief (Disability)

  Qualifying Child Relief (QCR) (S$)	Child Relief (Disability) (S$)
  4,000 per child	7,500 per child

• Working Mother's Child Relief (applicable for Singaporean Child born/adopted on or after 1 Jan 2024)

  Child Order	WMCR Amount (S$)
  1st	8,000
  2nd	10,000
  3rd and beyond	12,000

• Parent Relief (up to 2 dependants)

  Types of Parent Relief	Parent Relief (S$)	Parent Relief (Disability) (S$)
  Taxpayer stays with dependant	9,000 per dependant	14,000 per dependant
  Taxpayer does not stay with dependant	5,500 per dependant	10,000 per dependant

In addition to the common tax reliefs listed above, the IRAS also offers additional reliefs to eligible taxpayers:

Tax Reliefs	Maximum Amount Claimable (S$)
Grandparent Caregiver Relief (Single or male taxpayers are not eligible)	3,000
CPF Relief	Actual amount of CPF contribution (Maximum 102,000@contribution rate)
Life Insurance Relief
CPF contribution over 5,000	Nil
CPF contribution 5,000 or less	Lower of: the difference between 5,000 and your CPF contribution; or 7% of the insured value, or the amount of insurance premiums paid
Courses Fees Relief	5,500 (Valid up to YA2025)
SRS Relief
Singaporean citizens and permanent residents	Actual amount of SRS contribution (Maximum 15,300)
Foreigners	Actual amount of SRS contribution (Maximum 35,700)
NSman Self/Wife/Parent Relief
Self Relief
Having performed NS activities (general population)	3,000
Having performed NS activities (key command)	5,000
Having not performed NS activities (general population)	1,500
Having not performed NS activities (key command)	3,500
Wife Relief	750
Parent Relief	750 for each parent

Should you have any enquires about Individual Income Tax in Singapore, please complete the form below and we will reply to you soon.