2025 Singapore Personal Income Tax Guide and Reporting for Deductions and Exemptions

Who Needs to File Personal Income Tax in Singapore?

In Singapore, personal income tax applies differently to tax residents and non-residents. Whether you are considered a tax resident plays a key role in how your taxes are calculated.

You are considered a Singapore tax resident for a particular Year of Assessment (YA) if you meet any of the following:

1. You are a Singapore Citizen residing in Singapore (excluding temporary absences);

2. You are a Singapore Permanent Resident (SPR) who has established a permanent home in Singapore;

3. You are a foreigner who has stayed/worked in Singapore for 183 days or more in the previous calendar year (excluding company directors).

Otherwise, you are considered a non-resident for tax purposes.

Since YA2024, Singapore’s top personal income tax rate has increased to 24%.

 

What Types of Income Are Taxable?

As a tax resident, you are taxed based on your chargeable income at progressive rates. Taxable income includes:

• Employment income (salary, bonuses, allowances)

• Rental income

• Business/self-employment income

• Certain dividends and interest

• Other forms of income

 

YA2024 and YA2025 Progressive Tax Rates:

• Chargeable income ≤ SGD 20,000: 0%

• Chargeable income > SGD 1,000,000: 24%

• Intermediate income bands are taxed at progressive rates
  (Refer to IRAS Tax Rate Table for full breakdown)

Maximum personal income tax relief per year: SGD 80,000.

 

When to File Taxes?

• Filing period: March 1 to April 18

• For YA2025, you are reporting income earned in the calendar year 2024

 

How to File Your Tax Return?

1. Log in to the IRAS myTax Portal

2. Use Singpass or Singpass Foreign User Account (SFA)

3. Review your auto-included income details

4. Submit your return via e-Filing

Need more time? You may request up to 14 days extension via the portal.

 

What Documents Are Required?

Prepare the following documents/information:

• Form IR8A from your employer (showing annual income)

• Details of dependents (for claiming reliefs)

• Details of rental or other income (if applicable)

• Business Registration No. / Partnership Tax Reference No. (if self-employed)

• Singpass / SFA account

 

How to Pay Your Tax?

Once you receive your Notice of Assessment (NOA), payment must be made within one month. Accepted payment methods include:

• ATM (DBS/POSB, OCBC)

• AXS stations / AXS online

• GIRO / Online banking / Phone banking

• Cheque / SAM machines

• Telegraphic Transfer (for overseas users)

 

Tax Rebates & Reliefs

YA2025 Income Tax Rebate

As announced in Singapore Budget 2025:

• All individual tax residents will receive a 50% personal income tax rebate

• Cap: SGD 200 per taxpayer

• This continues the same rebate from YA2024 and aims to ease cost-of-living pressures

 

Higher Relief Limit for Supporting Dependents (from YA2025)

To support caregiving taxpayers:

• The income threshold for dependents will be raised from SGD 4,000 to SGD 8,000

• Applies to the following reliefs:

  • Spouse Relief

  • Qualifying Child Relief

  • Working Mother’s Child Relief