Singapore Guide · Tax
The Q&As below cover the basic rules of personal taxation in Singapore. For your own situation, please consult a tax professional.
FAQ
How is personal income tax calculated in Singapore?
Singapore taxes on a territorial basis. A person who stays or works in Singapore for 183 days or more in a calendar year is generally treated as a tax resident, with progressive rates from 0% to 24% (from Year of Assessment 2024). Employment income of non-residents is taxed at 15% or at resident progressive rates, whichever is higher.
Source: Inland Revenue Authority of Singapore, IRAS (iras.gov.sg) (website: iras.gov.sg)
Does Singapore have capital gains tax or estate duty? What is the GST rate?
Singapore generally does not tax capital gains; estate duty was abolished from 15 February 2008. The Goods and Services Tax (GST) has been 9% since 1 January 2024. Please consult a tax professional about your own situation.
Source: IRAS (website: iras.gov.sg)
Data as read on 1 October 2026. Policies may change; please refer to the latest official announcements, and consult a professional for your own situation.
Official references
- IRAS: Individual income tax and tax residency www.iras.gov.sg (Search the site for: Individual Income Tax rates / tax residency)
- IRAS: Corporate income tax and start-up tax exemption www.iras.gov.sg (Search the site for: Corporate Income Tax / start-up tax exemption)
- IRAS: Common Reporting Standard (CRS) www.iras.gov.sg (Search the site for: Common Reporting Standard)
Policies may change; please refer to the latest official announcements.
Other categories
Financial Planning Basics · CPF · Healthcare · Work Passes and Residency · Setting Up a Company · Bank Accounts · Children's Education · Family Arrangements · Family Offices · Insurance guides
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