Singapore Income Tax Calculator (2024)

Check out Singapore Income Tax Calculator (2024) made just for you!

Updated on April 11, 2023

Free Personal Income Tax Calculator Tool

Make full use of our detailed Free Online Singapore Personal Income Tax Calculator to estimate your annual tax payable for your income based on earnings from previous year.

Net Employment Income
Employment Income Enter your gross employment income for the previous year (incl. any bonuses, fixed allowances and benefits). DO NOT deduct CPF paid.

Less: Employment Expenses
Enter your allowable employment expenses.

Net Employment Income

Other Income
Trade, Business, Profession or Vocation
Dividends
Interest Income Do not include deposits with approved banks or licensed finance companies in Singapore.
Rental Income from Property Income
Royalty, Charge, Estate/Trust Income
Gains or Profits of an Income nature You can include any income which does not fall within any of the other classifications of income stated above.

Less: Approved Donations
Enter the amount donated (2.5 times) to approved Institution of Public Character (IPC) in the previous year. For eg: Donate $100 = $250 deduction.

Assessable Income

LESS Personal Reliefs
Earned Income Relief Read More Here
	Input cannot be more than 12,000.
Spouse/Handicapped Spouse Relief Read More Here
	Input cannot be more than 5,500.
Qualifying/Handicapped Child Relief Read More Here
	Input cannot be more than 75,000.
Working Mother’s Child Relief Read More Here
	Input cannot be more than 500,000.
Parent/Handicapped Parent Relief Read More Here
	Input cannot be more than 28,000.
Grandparent Caregiver Relief Read More Here
	Input cannot be more than 14,000.
Handicapped Sibling Relief Read More Here
	Input cannot be more than 550,000.
CPF/Provident Fund Relief Read More Here
	Input cannot be more than 17,000.
Life Insurance Relief Read More Here
	Input cannot be more than 5,000.
Course Fees Relief Read More Here
	Input cannot be more than 5,500.
Foreign Maid Levy Relief Read More Here
	Input cannot be more than 6,360.
CPF Cash Top-Up Relief Read More Here
	Input cannot be more than 7,000.
Supplementary Retirement Scheme Relief Read More Here
	Input cannot be more than 29,750.
NSman Relief Read More Here
	Input cannot be more than 5,000.

Total Personal Reliefs

Chargeable Income
(Assessable Income - Total Personal Reliefs)

Tax Payable
Tax Payable On Chargeable Income

Less: Parenthood Tax Rebate Read More Here

Net Tax Payable

Disclaimer: This free tax calculator is made to provide convenience and estimation of your income tax. We will not be responsible for any inaccuracy in the information provided above. You may report any errors by contacting us!

We hope this information on Singapore Income Tax Calculator in Singapore that we have provided has been helpful for you! If you find this article helpful, do check out other related articles in Singapore!

Jasmine Tan

Jasmine Tan is a business enthusiast based in Singapore. She loves discovering the best local businesses and places the city has to offer. Whether it’s a hidden gem of a business or a new start-up making waves in the industry, Jasmine is always on the lookout for the next big thing. Jasmine is dedicated to finding the best products and services for her readers. With her keen eye for value and her love of all things business, she is a trusted source for business advice in Singapore.

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Singapore Income Tax Calculator (2024)

Free Personal Income Tax Calculator Tool

Jasmine Tan

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