Updated for YA 2026Singapore tax guide
A territorial, low-rate system: progressive personal tax up to 24%, a flat 17% corporate rate, 9% GST and no capital gains tax.
What brings you to Singapore tax?
The short version
Singapore taxes income earned in, or derived from, Singapore. Most foreign income received by resident individuals is exempt, and there is no tax on capital gains, dividends or inheritances.1
- Territorial basis. Foreign income received by residents is generally exempt.
- 183-day residency test. Decides your rates and reliefs.
- Calendar-year basis. YA 2026 taxes income earned in 2025.
Coming from…
See the tax treaty and what you may still owe at home.
United States
United Kingdom
China
India
Australia
MalaysiaWhat is new for 2026
- Budget 2026Corporate income tax rebate of 50% for YA 2026Raised on 7 April 2026. Rebate and cash grant together are capped at S$40,000 per company.
- CPFOrdinary wage ceiling rises to S$8,000 a monthFrom 1 January 2026. Raises CPF and CPF relief for higher earners.
- ReliefsCourse fees relief has lapsedNo longer claimable from YA 2026. Older guides still list it.
Explore Singapore tax by topic
- Personal income tax0–24%Who is resident, the YA 2026 rates, and a take-home pay calculator that includes CPF.Residency · Rates · Take-home pay · CPF
- Reliefs & tax planningS$80k capEvery personal relief, the S$80,000 cap, and year-end moves like SRS and CPF top-ups.Reliefs · SRS · CPF top-ups · Donations
- Filing & deadlines18 AprWhether you need to file, how myTax Portal works, the deadlines and the penalties.AIS · myTax Portal · Dates · Penalties
- Moving to or leaving60 daysYour first year, tax treaties with your home country, and tax clearance when you leave.Arriving · Home country · Tax clearance
- Self-employed & freelancersForm BHow sole proprietors and freelancers report income, claim expenses and pay MediSave.Form B · Expenses · MediSave · GST
- Corporate tax17%The 17% rate, exemptions on the first S$200,000, the YA 2026 rebate and Pillar Two.Rates · Exemptions · Rebate · Withholding
- GST9%9% since 2024, with registration required above S$1 million turnover.Rate · Registration · Exemptions
- Capital gains & investments0%No capital gains tax and no tax on Singapore dividends, with a few exceptions.Gains · Dividends · Interest
- Propertyup to 60%Annual property tax plus buyer’s stamp duty and extra duty for foreign buyers.Property tax · BSD · ABSD
International rankings are not available yet
- Top personal rateavg —24%#— of —No ranking calculated
- Corporate rateavg —17%#— of —No ranking calculated
- GST / VATavg —9%#— of —No ranking calculated
Singapore vs Hong Kong
Singapore vs UAE
Singapore vs JapanNext deadlines
All dates →- 30 Nov 2026Corporate income tax return (Form C-S / C)Companies, for YA 2026
- 1 March — annual deadlineIR8A employment income formsEmployers give to employees and submit to IRAS
- 18 April — annual deadlineIndividual return, paper filingResidents and non-residents
Common questions
No. Gains from selling shares, property or crypto are generally not taxed, unless IRAS considers you to be trading as a business.
Not if they are tax resident. Residents pay the same rates whatever their nationality. Foreigners on work passes do not pay CPF, so their take-home pay is usually higher.
Individuals file by 18 April, online or on paper, for the previous calendar year. Follow your IRAS filing notice.
Foreign income received by resident individuals is generally exempt. The main exception is foreign income received through a Singapore partnership.
No. Estate duty was abolished in 2008, and there is no gift or wealth tax.
Singapore vs. its neighbours
Follow Singapore
Email alerts are not available yet. Use the official sources below to check for updates.
Official explanations and tools
- IRAS — Resident and non-resident rates
- IRAS — Corporate tax and rebate
- IRAS — GST registration
- IRAS — Property tax rates
- IRAS — Official treaty directory
- IRAS — Filing obligations
International comparison and filing sources
- IRS — US income tax rates
- IRS — US corporation tax
- IRS — Filing dates
- GOV.UK — Income tax
- GOV.UK — Scottish income tax
- GOV.UK — Corporation tax
- GOV.UK — VAT rates
- GOV.UK — Self Assessment deadlines
- Germany — Income tax legislation
- Germany — Corporation tax legislation
- Germany — VAT legislation
- Germany — Filing deadlines
- Irish Revenue — Income tax
- Irish Revenue — Corporation tax
- Irish Revenue — VAT rates
- UAE Government — Taxation
- Japan NTA — Tax information
- ATO — Resident income tax rates
- Australian Government — Company tax
- Australian Government — GST
- ATO — Preparing your tax return
- Canada CRA — Filing dates
- Hong Kong Government — Salaries tax rates
- Hong Kong IRD — Tax rates
- Malaysia HASiL — Individual tax rates
- Malaysia HASiL — Company tax rates