Accurate Singapore net salary calculator: progressive IRAS income tax rates, CPF contributions (employee 20%, employer 17%), and Employment Pass (EP) exemption.
| Annual Taxable Income Bracket | Tax Rate 2026 |
|---|---|
| First S$ 20,000 | 0.00 % (Exempt) |
| Next S$ 10,000 (20k–30k) | 2.00 % |
| Next S$ 10,000 (30k–40k) | 3.50 % |
| Next S$ 40,000 (40k–80k) | 7.00 % |
| Next S$ 40,000 (80k–120k) | 11.50 % |
| Next S$ 40,000 (120k–160k) | 15.00 % |
| Next S$ 40,000 (160k–200k) | 18.00 % |
| Next S$ 120,000 (200k–320k) | 19.00 % – 20.00 % |
| Above S$ 1,000,000 | 24.00 % |
| Employee CPF Contribution (≤55 yrs) | 20.00 % (monthly ceiling S$ 7,400) |
| Employer CPF Contribution | 17.00 % |
Singapore Citizens and Permanent Residents (PRs) must contribute 20% of their monthly ordinary wage (up to the wage ceiling of S$7,400), matched with a 17% contribution by the employer. Employment Pass (EP) and other foreign work pass holders are exempt.
Yes, statutory mandatory employee CPF contributions are fully tax-deductible against IRAS personal income tax.
Singapore resident rates start at 0% for the first S$20,000 and graduate progressively to 24% for income exceeding S$1 million.
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