Singapore Take-Home Pay & CPF Contribution Calculator (IRAS Income Tax & CPF OW/AW Ceiling 2025/2026)
Calculate your net monthly take-home pay, IRAS personal income tax, and mandatory employee & employer CPF contributions under the updated 2024-2026 OW salary ceiling ($6,800 to $8,000) and age-tiered contribution rates for Singapore Citizens and Permanent Residents (PR Year 1, 2, and 3+).
Enter Your Details
Enter your details and click Calculate
Fill in your details on the left to see your full tax breakdown and analysis.
Recommended Tools
SponsoredSage
Market-leading accounting and invoicing software for businesses and entrepreneurs.
Shopify
The all-in-one commerce platform to start, run, and grow your business worldwide.
Calculation Methodology & Statutory Rules
1.
Ordinary Wages (OW) Monthly CPF Ceiling: $6,800/mo (2024), $7,400/mo (2025), $8,000/mo (2026).
OW Subject to CPF = Min(Gross Monthly Salary, OW Ceiling).
2.
Additional Wages (AW) Annual CPF Ceiling: $102,000 - Total Annual OW subject to CPF.
AW Subject to CPF = Min(Annual Bonus, AW Ceiling).
3.
Full CPF Rates (Citizens & PR 3rd Year+): - Age <= 55: Employee 20%, Employer 17% (Total 37%).
Max Employee CPF OW cap = $1,480/mo (2025).
- Age > 55 to 60: Employee 17%, Employer 15.5% (Total 32.5%).
- Age > 60 to 65: Employee 12.5%, Employer 12% (Total 24.5%).
- Age > 65 to 70: Employee 7.5%, Employer 9% (Total 16.5%).
- Age > 70: Employee 5%, Employer 7.5% (Total 12.5%).
4.
Graduated PR Rates (Yr 1 Standard: Employee 5% / Employer 4%; Yr 2 Standard: Employee 15% / Employer 9%).
5.
Net Monthly Take-Home Pay = Gross Monthly Salary - Monthly Employee CPF.
6.
Annual Chargeable Income = Gross Annual Income (OW * 12 + AW) - Employee CPF Deductions - SRS Relief (Max $15,300 SC/PR, $35,700 Foreigner) - Earned Income Relief ($1,000-$8,000) - Other Reliefs (Subject to $80,000 total relief cap).
7.
IRAS Personal Income Tax (YA 2024/2025): First $20k (0%), next $10k (2%), next $10k (3.5%), next $40k (7%), next $40k (11.5%), next $40k (15%), next $40k (18%), next $40k (19%), next $40k (20%), next $40k (21%), next $180k (22%), next $500k (23%), >$1M (24%).
Subtract 50% Personal Income Tax Rebate (capped at $200).
Frequently Asked Questions
Q1.What are the CPF contribution rates and Ordinary Wage (OW) ceilings in Singapore for 2025/2026?
For Singapore Citizens and 3rd-year PRs aged 55 and below, the total mandatory CPF contribution is 37% (20% employee + 17% employer) on monthly Ordinary Wages up to the statutory ceiling of S$8,000. Annual Additional Wages (bonuses) are capped separately by the statutory AW ceiling formula.
Q2.How does IRAS Personal Income Tax progression work in Singapore?
Singapore operates one of the most competitive progressive tax structures globally. The first S$20,000 of chargeable income is taxed at 0%, with marginal tax brackets progressing from 2% up to 24% for chargeable income exceeding S$1,000,000. Foreign-sourced income received in Singapore is generally tax-exempt, and there is no capital gains tax or dividend tax.
Q3.How does the Start-Up Tax Exemption (SUTE) scheme reduce corporate tax in Singapore?
Qualifying new Singapore companies enjoy 75% tax exemption on the first S$100,000 of normal chargeable income, and 50% exemption on the next S$100,000 for their first 3 consecutive Years of Assessment (YAs), capping effective corporate tax on the first S$200,000 at ~4.25% to 8.5%.
Disclaimer: Results are estimates based on standard tax rules for the 2026 tax year and are provided for informational purposes only. Individual circumstances (deductions, credits, specific state/local rules) may significantly affect your actual tax liability. Always consult a qualified tax professional or accountant for advice specific to your situation.