Income Tax in 🇸🇬 Singapore

Tax brackets, effective rates, and net income calculations. Data from official government sources.

Singapore's Taxation Score of 70/100 is largely driven by its competitive tax regime, evidenced by tax revenue at just 13% of GDP and a corporate tax rate of 17%. For individuals, the progressive income tax system starts at 0% for incomes up to S$20,000 and reaches 22% for incomes exceeding S$320,000, making it particularly attractive for higher earners compared to many Western nations.

Data last updated: May 2026 · Sources: Official tax brackets and social contributions from Singapore fiscal authority. See methodology.