Resident tax rates start at 0% on the first S$20,000 and rise to 24% above S$1 million. CPF employee contributions (20% up to age 55 for citizens and PRs) count as CPF relief. From 1 January 2026 the CPF ordinary wage ceiling is S$8,000 a month. Rates for ages 56–60+ are simplified here; foreigners pay no CPF. Personal tax rebates announced in a Budget are not included.
FAQ
How much tax do I pay on S$72,000 in Singapore?
About S$1,712 income tax after S$14,400 CPF and S$1,000 earned income relief, leaving roughly S$4,657 a month.
Sources (checked 7 Nov 2026): IRAS resident tax rates; CPF Board contribution rates and wage ceilings 2026.