Singapore Tax

Singapore Tax Calculation

Are you an entrepreneur? Are you a business owner? Are you planning to operate a business in Singapore?
You can estimate your annual Singapore taxes using the calculator below.

If you need additional clarification regarding the computation, please refer to
our guide on the Individual Tax & Corporate Tax in Singapore.

individual tax

Corporate tax

Singapore Individual Tax

Employment Income

Less: Employment Expenses

Net Employment Income

Trade, Business, Profession or Vocation

Dividends

Interest

Rental Income Property

Royalty, Charge, Estate/Trust Income

Gains or Profits of an Income nature

Less: Approved Donations

Assessable Income

LESS: PERSONAL RELIEFS (S$)

Earned Income Relief

Spouse/Handicapped Spouse Relief

Qualifying/Handicapped Child Relief

Working Mother’s Child Relief

Parent/Handicapped Parent Relief

Grandparent Caregiver Relief

Handicapped Sibling Relief

CPF/Provident Fund Relief

Life Insurance Relief

Course Fees Relief

Foreign Maid Levy Relief

CPF Cash Top-Up Relief

Supplementary Retirement Scheme Relief

NSman Relief

Chargeable Income

TAX PAYABLE (S$)

Your Tax Payable is $550 on first $40,000 + 7% on next $40,000

Tax Payable on Chargeable Income

Less: Parenthood Tax Rebate

Net Tax Payable

DISCLAIMER:

The estimated tax rate is calculated based on the provided information for your reference. However, certain details have been simplified and omitted. Please note that RBA does not assume any liability for any loss arising from or related to the use of the information. For personalized assistance and professional advice, please contact us

DISCLAIMER:

Singapore Tax Calculation

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