Singapore Tax Reliefs, Deductions & Rebates Guide 2026

Lowering your personal income tax liability in Singapore is straightforward when you take full advantage of statutory personal tax reliefs, deductions, and government tax rebates administered by the Inland Revenue Authority of Singapore (IRAS).

1. The Overall S$80,000 Personal Relief Cap

IRAS enforces an aggregate personal income tax relief cap of S$80,000 per Year of Assessment (YA). Regardless of how many qualifying reliefs you are eligible for, the combined deduction claimed across all categories cannot exceed S$80,000.

2. Earned Income Relief

Granted automatically to individuals earning employment or trade income in Singapore:

• Below 55 Years: S$1,000
• 55 to 59 Years: S$6,000
• 60 Years and Above: S$8,000

3. Supplementary Retirement Scheme (SRS) Tax Relief

The Supplementary Retirement Scheme (SRS) is one of the most effective tax-saving vehicles in Singapore. Voluntary cash contributions to your SRS account provide a 100% dollar-for-dollar tax deduction:

4. CPF Cash Top-Up & Relief Schemes

Singapore Citizens and PRs can claim tax relief for cash top-ups made under the CPF Retirement Sum Topping-Up (RSTU) scheme:

• Up to S$8,000 per year for cash top-ups to your own Special Account (SA) or Retirement Account (RA).
• An additional S$8,000 per year for cash top-ups to loved ones (parents, parents-in-law, grandparents, spouse, or siblings).

5. Parent, Spouse & Child Reliefs

• Parent Relief: Claim S$9,000 (if parent resides with you) or S$5,500 (if parent resides separately) per dependent parent earning under S$4,000 annually.
• Qualifying Child Relief (QCR): Claim S$4,000 per qualifying child.
• Working Mother's Child Relief (WMCR): Percentage of mother's earned income claimed per child (15% for 1st child, 20% for 2nd child, 25% for 3rd and subsequent children).

6. Course Fees & NSman Reliefs

Taxpayers can claim up to S$5,600 per year under Course Fees Relief for tertiary education, seminars, or professional certifications relevant to their employment or business. Active Operationally Ready National Servicemen (NSmen) receive automated reliefs ranging from S$750 to S$5,000.

7. Annual Government Personal Tax Rebates

Annual personal income tax rebates declared in the Singapore Budget (e.g., 50% tax rebate capped at S$200) are automatically deducted by IRAS from gross tax payable on your Notice of Assessment (NOA).

Calculate your total tax savings using our Singapore Income Tax Calculator.

8. Frequently Asked Questions