Singapore tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Singapore tax profile.
Sources incomplete — at least one figure has no accepted source yet. Figures last changed 3 November 2026. Profile last reviewed 29 April 2026.
Scroll across the table to see all tax rates.
| Salary | Capital gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|
| Singapore | 24% | 0% | 0% | 0% | 20.4% | 0% |
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in Singapore?
The top rate on a salary is 24%. It is the tax on each extra unit of a very high salary, with surtaxes and uncapped social contributions included. The income tax scale alone reaches 24% above SGD 1,000,000.
How are capital gains taxed in Singapore?
Singapore does not tax a capital gain on shares held as an investment in our model. The rate does not depend on how long you held the asset.
How are dividends and interest taxed in Singapore?
In our model Singapore charges no tax on dividends or interest received by a resident individual.
How is crypto taxed in Singapore?
In our model Singapore does not tax a private investor's gain on crypto assets.
Does Singapore tax foreign income?
Generally no. Singapore taxes income from sources in Singapore. Income from abroad is generally outside the tax, with exceptions.
Does Singapore have a wealth tax?
No. Singapore has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does Singapore have an exit tax for individuals?
No. In our model Singapore does not tax an individual's unrealised gains when the individual moves abroad.
What special tax regimes does Singapore have?
Our profiles list 5 regimes: Global Investor Programme (GIP) — information only; not numerically modelled; Section 13O - Onshore Fund Tax Exemption (Single Family Office) — information only; not numerically modelled; Section 13U - Enhanced-Tier Fund Tax Exemption — information only; not numerically modelled; Tech.Pass (up to 2 years) — information only; not numerically modelled; Not Ordinarily Resident (NOR) - CLOSED (up to 5 years) — information only; not numerically modelled. Each has its own conditions.
When do you become tax resident in Singapore?
The Singapore day test (183-day rule): 183 days in the calendar year. Citizens and permanent residents who reside in Singapore, apart from temporary absences, are resident.
Residence decides whether Singapore taxes you on these rates. See the Singapore day-count test and count your own days.
Sources
The Singapore profile cites 8 sources for these rules, 8 of them from a government or a statute.
- IRAS - Individual Income Tax Rates (resident, YA 2024+) · official, retrieved 2026-04-29
- IRAS - Deductions on rental expenses (15% deemed rental expenses) · official, retrieved 2026-10-24
- Compulsory employee CPF relief · official, retrieved 2026-11-03
- 2026 Table 1 notes 2/4: same-month OW+AW employee rounding · official, retrieved 2026-11-03
- IRAS - Dividends and Interest (Individual) · official, retrieved 2026-04-29
- Taxable and exempt interest · official, retrieved 2026-11-03
- IRAS - Sale of Property, Shares and Financial Instruments (no CGT) · official, retrieved 2026-04-29
- IRAS - Income Tax Treatment of Digital Tokens · official, retrieved 2026-04-29
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Singapore with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Singapore side by side with other countries, see every country or try the live demo.
Other countries in East and Southeast Asia: Thailand, Taiwan, Vietnam, Brunei, China, Hong Kong.