GST Calculator 2025
Calculate your annual tax liability for Singapore
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Results
Enter values to calculate
How to Use This Tax Calculator
Our tax calculator helps you estimate your annual tax liability based on current tax rates and regulations. Follow these simple steps:
Step 1: Enter Your Details
- Annual Income: Enter your total gross income for the tax year, including salary, bonuses, and other taxable income
- Tax Residency: Select your tax residency status as this affects your tax rates and reliefs
- Reliefs: Choose applicable tax reliefs and deductions
Step 2: Review Tax Calculation
- The calculator applies current tax rates to your chargeable income
- It calculates your effective tax rate and total tax payable
- Shows your after-tax income and available reliefs
Step 3: Understand Your Results
- Gross Income: Your total income before taxes
- Chargeable Income: Income after deductions and reliefs
- Tax Payable: Total tax you owe
- Effective Rate: Percentage of total income paid in taxes
- After-Tax Income: Your take-home income
Important Considerations
- This calculator provides estimates based on current tax laws
- Actual tax liability may vary based on additional factors
- Consider consulting a tax professional for complex situations
- Tax laws and rates may change during the tax year
Tax Planning Tips
- Use this calculator for tax planning and budgeting
- Maximize your tax reliefs including CPF, course fees, and donations
- Plan for GST obligations if you run a business
- Review your tax withholdings and filing requirements
Frequently Asked Questions
How accurate is this tax calculator?
Our calculator uses current tax rates and reliefs to provide accurate estimates. However, actual tax liability may vary based on additional factors like tax residency status, reliefs claimed, or other specific circumstances.
What income should I include in the calculation?
Include all taxable income such as employment income, trade/business income, rental income, and investment income. Do not include tax-exempt income like certain foreign-sourced income.
How do tax reliefs work?
Tax reliefs reduce your chargeable income. Common reliefs include CPF relief, course fees relief, parent/handicapped parent relief, and donations. The personal relief amount varies based on your age and circumstances.
How often are tax rates updated?
Tax rates and reliefs are typically announced in the annual Budget. Major changes are usually implemented from the following Year of Assessment.
Can I use this calculator for tax planning?
Yes, this calculator is excellent for tax planning. You can estimate your tax liability for different income scenarios and plan accordingly for reliefs, CPF contributions, and tax-efficient strategies.