Hobo Finance

Income Tax Calculator for Singapore Residents

🧾Income Tax (IRAS Resident)

Estimate your Singapore resident income tax using the current progressive brackets. Enter your chargeable income (your assessable income after all reliefs and deductions) to see your tax bill.

Bracket table used (YA 2024 onwards, top rate 24%, as of 2026, edit if changed)

Estimated income tax payable
S$3,350
First S$20,000 of chargeable income is taxed at 0%.
Tax S$3,350 Kept after tax S$76,650 Effective rate 4.2%
Source: IRAS, "Individual Income Tax rates" (resident progressive rates, YA 2024 onwards, top marginal rate 24%). Verify figures and check for any current rebate at iras.gov.sg. Official IRAS tax calculator: iras.gov.sg/quick-links/calculators.

General information only, not financial advice. This is an estimate based on the brackets and rebate you select and does not account for every relief, surcharge, or special case. Year of Assessment (YA) taxes the income you earned in the previous calendar year (for example, YA 2026 assesses income earned in 2025). Verify your figures with the official IRAS source before relying on them.