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About Singapore tax

Singapore's income tax is among the most competitive in Asia, starting at 0% on the first SGD 20,000 and rising to a top rate of 24% on amounts above SGD 1,000,000. Most professional earners fall into the 7–15% bands. Employee CPF contributions are 20% of ordinary wages for workers under 55, which is significant — but this money accumulates in your own CPF account for retirement, healthcare (MediSave), and housing (OA).

Employment Pass holders (typically earning above SGD 5,000/month) are not required to contribute to CPF, making their cash take-home substantially higher than a Singaporean on the same gross. The CPF question is a key consideration in any Singapore relocation decision. Read the CPF explainer →

Use the Singapore salary calculator →