How this is calculated
Singapore's resident tax rates are progressive across 13 bands from 0% (first $20,000) to 24% (above $1,000,000). If you're a citizen or PR aged 55 or below, CPF is deducted at 20% of ordinary wages up to an annual ceiling of $96,000 (equivalent to the $8,000/month Ordinary Wage ceiling). Foreigners on work passes generally don't contribute to CPF.
Worked example
On a $80,000 chargeable income: tax is $3,350 (0% on the first $20,000, 2% on the next $10,000, 3.5% on the next $10,000, and 7% on the remaining $40,000) — this matches IRAS's own published example exactly. A citizen/PR would additionally have CPF of $16,000 (20% of $80,000, within the ceiling) deducted, though CPF is a retirement saving, not a tax.
Assumptions & limitations
- Chargeable income is treated as equal to gross salary — personal reliefs (Earned Income Relief, CPF Relief, dependent reliefs, etc., capped at $80,000 total) are not modeled, so your actual tax will likely be lower.
- CPF is modeled only for the age-55-and-below band; older age groups have different, lower CPF rates.
- Non-residents (working fewer than 183 days/year) are taxed differently — this calculator assumes resident status.
Sources
IRAS.gov.sg, official Individual Income Tax rates table for residents (YA2026). See our sources page.
Frequently asked questions
Is CPF a tax?
No. CPF is a mandatory retirement savings scheme, not a tax — the money goes into your own CPF account, not to the government as revenue.
Do foreigners pay CPF?
Generally no. CPF applies to Singapore citizens and Permanent Residents (from their third year of PR status). Foreigners on work passes typically don't contribute.
Why is my actual tax bill likely lower than this estimate?
This calculator doesn't subtract personal reliefs (like Earned Income Relief or CPF Relief), which most taxpayers can claim and which reduce chargeable income before tax is calculated.