Singapore Financial Tools
Active 2026 tax engine configurations with local compliance factors.
Gross Base Income
Specify salary rate
Residency & Tax Demographics
Fine tune statutory calculations
USD Benchmarking
1 USD = 1.34 SGD
Live Output Metrics
LiveSingapore Tax System & YA 2026 Guidelines
Singapore is globally recognized for its territorial tax system, competitive progressive tax brackets, and robust Central Provident Fund (CPF) social security mechanism.
Tax Residency Rules
Tax residence is determined by physical presence or employment. You are considered a tax resident if you are a Singapore Citizen or Permanent Resident residing in Singapore, or a foreigner who stayed or worked in Singapore for 183 days or more in a calendar year.
Progressive Income Tax (YA 2026)
Singapore resident tax rates range from 0% to 24% for chargeable income above SGD 1,000,000. Non-resident individuals are generally taxed at a flat rate of 24% or progressive resident rates, whichever yields a higher tax amount.
Central Provident Fund (CPF)
CPF is a mandatory social security savings scheme funded by employers and employees. Starting January 2026, the Ordinary Wage (OW) monthly ceiling is SGD 8,000. Contribution rates vary by age group, with workers aged 55 and below contributing 20% (employee rate) and employers contributing 17%.