Singapore Tax Guide
In 2026, the headline personal income tax rate in Singapore is 24% and the corporate tax rate is 17%. Checked against official guidance on 8 November 2026. There is also a special tax regime that can lower the bill for people who qualify.
- Personal income
- 24%Top rate, progressive
- Corporate
- 17%
- Special regime
- Yes
At a glance
| Personal income tax (headline rate) | 24%Top rate, progressive |
|---|---|
| Corporate tax | 17% |
| Capital gains | Unlock with Signal |
| Crypto tax | Unlock with Signal |
| Dividend tax | Unlock with Signal |
| Rental income tax | Unlock with Signal |
| Residency threshold (days) | Unlock with Signal |
| Special tax regime | Yes |
Source: official guidance· last verified 8 Nov 2026
Informational only. Not tax or financial advice. Verify with a qualified professional before you act.
Singapore income tax brackets YA 2026
Each rate applies only to the part of taxable income inside its band, so the rate on your whole income is lower than the top rate you reach.
Resident individuals
| Taxable income | Rate |
|---|---|
| Up to S$20,000 | 0% |
| S$20,000 to S$30,000 | 2% |
| S$30,000 to S$40,000 | 3.5% |
| S$40,000 to S$80,000 | 7% |
| S$80,000 to S$120,000 | 11.5% |
| S$120,000 to S$160,000 | 15% |
| S$160,000 to S$200,000 | 18% |
| S$200,000 to S$240,000 | 19% |
| S$240,000 to S$280,000 | 19.5% |
| S$280,000 to S$320,000 | 20% |
| S$320,000 to S$500,000 | 22% |
| S$500,000 to S$1,000,000 | 23% |
| Over S$1,000,000 | 24% |
Year of assessment 2026 taxes income earned in 2025. IRAS applies the same rates from YA 2024 onwards.
Source: official page · checked 29 Oct 2026
Non-residents, employment income
| Taxable income | Rate |
|---|---|
| All income | 15% |
A flat 15% or the resident rates above, whichever gives more tax.
Source: official page · checked 29 Oct 2026
Non-residents, other income
| Taxable income | Rate |
|---|---|
| All income | 24% |
Director's fees, rental income, pensions and most other income. Some income has lower withholding rates.
Source: official page · checked 29 Oct 2026
Singapore residency rule
Singapore residency is determined by a combination of physical presence and personal ties: day count, habitual abode, centre of vital interests, and treaty tie-breakers. Heed tracks the full rule and counts the days for you.
Signal ($99 a year) unlocks the full residency rule.
Unlock with SignalRecent changes in Singapore
Regulatory stabilityVolatile49 rule changes in 24 months, frequently revised; plan with caution. See how Singapore ranks.
- Reporting · 1 Jan 2027
Mandatory Adoption of CRS XML Schema V3.0 for 2027 Filings
Singapore to mandate the use of CRS XML Schema V3.0 for all XML-based reporting from 1 January 2027.
- Reporting · 1 Jan 2027
Implementation of Amended CRS Framework for 2028 Exchanges
Singapore will commence financial account information exchanges under the Amended CRS framework starting in 2028.
- Immigration · 29 Nov 2026
From November 2026: Apply for a Temporary Permit, view and update Work Permit holders' particulars and extend in-principle approvals
MOM’s published update says that from 29 November 2026, employers must apply for a Temporary Permit when a worker needs to start before their Work Permit is issued. This applies to Malaysian and non-Malaysian workers, not only non-Malaysians. Levy starts on the day the Temporary Permit is granted and will not be waived.
Move, incorporate, and bank in Singapore
Singapore on Heed isn't just a tax profile. Heed also lists residency programmes and company structures with their official sources, and the banking providers it is still verifying.
A first look. Matching these programmes and structures to your own situation is on Pro; banking opens when Financial Navigator launches.View Pro
Company structures
All- Limited Liability Partnership (LLP)Partnership
- Singapore Private Limited Company (Pte Ltd)Onshore LLC17% headline, partial exemptions for first SGD 200k
- Singapore Private Limited Company (Pte Ltd) via EntrePassStartup visa co.17% headline; partial exemption first SGD 200k; startup tax exemption for first 3 YA
What Heed tracks in Singapore
Legislative changes
Confirmed changes to Singapore tax law, each checked against its official source.
Residency thresholds
Day counts against Singapore residency rules, with proactive warnings.
Regime updates
Special regimes and rule changes for Singapore residents, where an official source publishes them.
Singapore tax, common questions
Is Singapore a tax haven?
Singapore operates a special tax regime that offers meaningful advantages versus standard residency. Whether it qualifies as a tax haven depends on your income mix and structure. Heed tracks the regime conditions and flags a change when we publish it, verified against its official source.
What is the income tax rate in Singapore?
The headline personal income tax rate in Singapore is 24% (top rate, progressive). Effective rates vary by income level, residency status, and applicable regime. Heed keeps the rate alongside the legislative changes that move it.
What are the income tax brackets in Singapore?
Residents in Singapore pay 0% on income up to S$20,000, 2% from S$20,000 to S$30,000, 3.5% from S$30,000 to S$40,000, 7% from S$40,000 to S$80,000, 11.5% from S$80,000 to S$120,000, 15% from S$120,000 to S$160,000, 18% from S$160,000 to S$200,000, 19% from S$200,000 to S$240,000, 19.5% from S$240,000 to S$280,000, 20% from S$280,000 to S$320,000, 22% from S$320,000 to S$500,000, 23% from S$500,000 to S$1,000,000 and 24% over S$1,000,000 (Resident individuals, YA 2026). Year of assessment 2026 taxes income earned in 2025. IRAS applies the same rates from YA 2024 onwards. Heed checks these bands against the official page.
Does Singapore tax cryptocurrency?
Crypto taxation in Singapore varies by holding period, activity type, and residency. Heed maintains the current rate and surfaces a change when we publish it, verified against its official source. The headline rate is available inside the Heed dashboard on Signal and above.
How long do I need to stay in Singapore to become tax resident?
Tax residency in Singapore is determined by a combination of physical presence and personal ties: day count, habitual abode, centre of vital interests, and treaty tie-breakers. Heed counts the days for you and warns before you cross. The full residency rule, including the day threshold and rolling window, is available on Signal and above.
Does Singapore have a digital nomad visa or special regime?
Singapore offers a special tax regime that nomads and expats use to optimise their position. Eligibility and benefits change. Heed flags amendments and treaty updates when we publish a verified change.
How does Singapore compare with other Asia-Pacific jurisdictions?
Heed's Tax Rankings compare Singapore with other Asia-Pacific jurisdictions on employment, capital gains, dividend, crypto, rental and corporate tax. The full table is inside the app, from Signal up.
Compare Singapore with...
Where Singapore stands: the lowest tax countries and the highest.
Field notes on Singapore
How Heed tracks Singapore
Singapore surfaces across three Heed tools: every legislative change matched to your profile, every threshold counted, every rate compared.
See Singapore's full tax profile.
Track Singapore on your Heed dashboard. Signal ($99 a year) unlocks the full rate set including capital gains, dividend, crypto, rental, and the complete residency rule.
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