Singapore Tax Calculator
Top income tax rate: 24% • Corporate: 17% • VAT: 9%
Income Tax Calculator
Total Tax
S$6K
Take-Home Pay
S$94K
Effective Rate
5.7%
Marginal Rate
11.5%
Bracket Breakdown
| Bracket | Rate | Taxable | Tax |
|---|---|---|---|
| S$0 – S$20K | 0% | S$20K | S$0 |
| S$20K – S$30K | 2% | S$10K | S$200 |
| S$30K – S$40K | 3.5% | S$10K | S$350 |
| S$40K – S$80K | 7% | S$40K | S$3K |
| S$80K – S$120K | 11.5% | S$20K | S$2K |
This calculator provides estimates based on Singapore's standard income tax brackets. Actual tax liability may vary based on deductions, credits, filing status, and other factors. Consult a tax professional for advice.
Crypto Tax Calculator
Capital Gain/Loss
S$15K
Tax Rate
0%
short-term
Tax Owed
S$0
Net Profit
S$15K
Tax Treatment in Singapore
Singapore does not impose capital gains tax on cryptocurrency. Gains from the disposal of digital tokens held as long-term investments are generally not taxable. However, if an individual or business is engaged in the trade of digital tokens — buying and selling as a business activity — the profits may be treated as income and taxed accordingly under normal income tax rules.
This calculator provides estimates for Singapore. Actual crypto tax may vary depending on your specific circumstances, additional income, and applicable exemptions. Consult a tax professional.