Taxes
Singapore — Tax: Income Tax
For 2026, Singapore tax residents pay progressive rates from 0% (first S$20,000) up to a 24% top marginal rate, which applies only above S$1 million of chargeable income. Non-residents (fewer than 183 days in Singapore in the preceding calendar year) are taxed on employment income at the higher of a flat 15% or the resident progressive rates; director's fees, consultancy fees, and other non-employment income are taxed at a flat 24% (raised from 22% for YA2024 onwards). Personal tax reliefs are capped at S$80,000 in total.
VerifiedGovernment / official sourceInland Revenue Authority of Singapore (IRAS)Last reviewed: 2026-07-20
Key facts
- Resident progressive rates: 0% on the first S$20,000, rising to a 24% top rate that only applies above S$1 million chargeable income.
- Non-residents: employment income taxed at the higher of a flat 15% or resident progressive rates.
- Non-residents: director's fees, consultancy fees, and other non-employment income taxed at a flat 24% (raised from 22% for YA2024 onwards).
- Total personal tax reliefs are capped at S$80,000, regardless of how many individual reliefs a taxpayer qualifies for.
Required documents
- Notice of Assessment (from IRAS)
- Form IR8A (from employer, for employment income)
Common mistakes
- Assuming non-resident employment income is always taxed at the resident progressive rates — it's actually taxed at the higher of 15% flat or the progressive rates.
- Overlooking the S$80,000 cap on total personal tax reliefs when stacking multiple relief categories.