Tax Rate After 2025 Calculator. Following are the steps to use the tax calculator: Mr heng is entitled to parenthood tax rebate of $5,000 in respect of his first child born in 2023 which is used to offset his income tax payable for ya 2024.

Cpf monthly salary ceiling will be raised to s$7,400 from 1st january 2025. The calculator is updated with the latest tax rates and brackets as per the 2025 tax year in singapore.