Free Singapore Income Tax Calculator 2026 | CPF & Take-Home Pay

Q: What is CPF and how much do I contribute?

CPF is Singapore mandatory social security scheme. For employees under 55, employee contributes 20% and employer 17% of wages capped at S$6,800 per month in 2026.

Q: Do foreigners pay CPF in Singapore?

Employment Pass and S Pass holders are NOT required to contribute to CPF. Foreigners pay income tax at the same progressive rates if they are Singapore tax residents.

Q: What is the take-home pay on S$80,000 in Singapore?

On a S$80,000 salary as a Singapore Citizen under 35 with S$1,000 relief, take-home pay is approximately S$60,550 per year or S$5,046 per month after income tax and employee CPF contributions.

🇸🇬 Singapore Income Tax & CPF Calculator YA2026

Annual Gross Salary (S$)

Residency Status

Age Group

Earned Income Relief (S$)

Gross Salary

Take-Home Pay

Income Tax

CPF Employee

CPF Employer

Effective Tax Rate

Gross Salary-

Employee CPF Contribution-

Earned Income Relief-

Chargeable Income-

Income Tax (IRAS)-

Annual Take-Home -

Monthly Take-Home-

Employer CPF (on top of salary)-

📊 Singapore Take-Home Pay Examples YA2026

Singapore Citizen under 35, S$1,000 Earned Income Relief. Source: IRAS YA2026.

Gross Salary	Income Tax	CPF (20%)	Eff. Tax Rate	Take-Home/yr	Take-Home/mo
S$40,000	S$550	S$8,000	1.4%	S$31,450	S$2,621
S$60,000	S$1,950	S$12,000	3.3%	S$46,050	S$3,838
S$80,000	S$3,450	S$16,000	4.3%	S$60,550	S$5,046
S$100,000	S$5,650	S$16,320	5.7%	S$78,030	S$6,503
S$150,000	S$13,950	S$16,320	9.3%	S$119,730	S$9,978
S$200,000	S$21,150	S$16,320	10.6%	S$162,530	S$13,544

🇸🇬 Singapore Income Tax Brackets YA2026

Chargeable Income	Tax Rate
First S$20,000	0%
S$20,001 – S$30,000	2%
S$30,001 – S$40,000	3.5%
S$40,001 – S$80,000	7%
S$80,001 – S$120,000	11.5%
S$120,001 – S$160,000	15%
S$160,001 – S$200,000	18%
S$200,001 – S$320,000	19–20%
S$320,001 – S$500,000	22%
S$500,001 – S$1,000,000	23%
Above S$1,000,000	24%

Source: IRAS.gov.sg — YA2026 rates. Chargeable income = Gross salary − CPF employee − reliefs.

💡 CPF Contribution Rates 2026 — By Age

Age Group	Employee	Employer	Total
Under 55	20%	17%	37%
55 to 60	15%	14.5%	29.5%
60 to 65	10.5%	10.5%	21%
65 to 70	7.5%	7.5%	15%
Above 70	5%	5%	10%

CPF applies to Citizens and PRs only. Ordinary Wage ceiling: S$6,800/month (2026). Foreigners on Employment Pass do NOT contribute CPF.

💡 Singapore Tax Tips 2026

Singapore Tax Rates Are Very Competitive

Singapore top income tax rate is 24% for income above S$1,000,000 — far lower than UK 45%, Australia 45% or Canada 54% combined rates. For most salaried workers the effective rate is 5-15%, making Singapore one of the world's most tax-efficient destinations.

Maximize CPF Voluntary Contributions

Citizens and PRs can make voluntary CPF top-ups to receive additional tax relief of up to S$8,000 per year. CPF balances earn guaranteed 2.5-5% interest — better than most savings accounts.

SRS — Tax Savings for Retirement

The Supplementary Retirement Scheme lets you contribute up to S$15,300 per year (S$35,700 for foreigners) and deduct it from chargeable income. Withdrawals at retirement are 50% taxable — a powerful tax deferral tool.

Singapore Tax FAQs 2026

What are the income tax rates in Singapore for 2026?

Singapore YA2026 tax rates range from 0% on the first S$20,000 to 24% on income above S$1,000,000. Most middle-income earners paying S$60,000 to S$120,000 pay an effective rate of 3-12% after personal reliefs.

What is CPF and how much do I contribute?

CPF is Singapore's mandatory social security savings scheme. For employees under 55, employee contributes 20% and employer contributes 17% of wages capped at S$6,800/month ordinary wages in 2026. CPF funds go toward retirement, housing and healthcare.

Do foreigners pay CPF in Singapore?

Employment Pass and S Pass holders are generally NOT required to contribute to CPF. Foreigners pay income tax at the same progressive rates as residents if they are tax residents of Singapore.

What is a good salary in Singapore in 2026?

The median gross monthly salary in Singapore is around S$5,500 to S$6,000. A comfortable salary for a single person is S$6,000 to S$8,000 per month. Professionals in finance, tech and law typically earn S$8,000 to S$20,000+ per month.

What is the take-home pay on S$80,000 in Singapore?

On a S$80,000 salary (Citizen under 35, S$1,000 relief), take-home pay is approximately S$60,550/year (S$5,046/month) after income tax of S$3,450 and employee CPF of S$16,000. Your employer also adds S$13,600 CPF on top.

What is the CPF ordinary wage ceiling in 2026?

The CPF Ordinary Wage ceiling is S$6,800 per month in 2026. This means CPF contributions are only calculated on the first S$6,800 of your monthly salary (S$81,600/year). Income above this is not subject to CPF deduction.