Tax Relief Optimizer

See how much tax you can save by adding CPF cash top-ups and SRS contributions — and exactly where the $80,000 personal relief cap stops being worth it.

Your inputs
$

Income after employment expenses and donations, before reliefs.

$

Earned Income Relief, compulsory CPF, spouse, child, parent, etc.

$

Retirement Sum Topping-Up — relief capped at $16,000 ($8k self + $8k family).

$

SRS relief capped at $15,300 for Singaporeans / PRs.

Estimated tax saved

$920.00

$5,650.00 now → $4,730.00 after top-ups

Tax now

$5,650.00

Tax after reliefs

$4,730.00

Marginal rate

11.5%

Top-up that counts

$8,000

Wasted (over $80k cap)

$0

Reliefs after cap

$28,000

Sources: IRAS resident income tax rates (YA2024 onwards) (as of YA2026) · IRAS / CPF relief caps — $80k overall, $16k CPF cash top-up, $15,300 SRS (as of YA2026)

Estimates only. No YA2026 personal income tax rebate is applied. Eligibility for each relief has its own conditions — confirm with IRAS before filing.

Before vs after
StepNowAfter top-upsChange
Assessable income$120,000.00$120,000.00
Reliefs (after $80k cap)$20,000.00$28,000.00+$8,000.00
Chargeable income$100,000.00$92,000.00−$8,000.00
Tax payable$5,650.00$4,730.00−$920.00

How tax reliefs cut your bill

Singapore taxes your chargeable income — your assessable income minus the reliefs you qualify for. Because the resident tax schedule is progressive, every dollar of relief is deducted from the top, so a relief saves you tax at your highest marginal rate. A top-up by someone in the 11.5% band saves 11.5 cents on the dollar; one in the 22% band saves 22 cents.

Mind the $80,000 cap

All your personal reliefs together are capped at $80,000 per Year of Assessment. CPF cash top-ups (up to $16,000) and SRS contributions (up to $15,300 for citizens and PRs) are popular ways to add reliefs, but if your existing reliefs already approach $80,000, the extra contribution will not lower your tax. This tool flags how much of a planned top-up actually counts versus how much is wasted against the cap.

Frequently asked questions

What is the $80,000 personal relief cap?

Since YA2018, the total of all your personal income tax reliefs is capped at $80,000 per Year of Assessment. Reliefs above this cap do not reduce your chargeable income, so once you reach $80,000 of reliefs, an extra CPF top-up or SRS contribution saves you no tax.

How much can I claim for CPF cash top-ups and SRS?

CPF cash top-up (Retirement Sum Topping-Up) relief is capped at $16,000 — up to $8,000 for topping up your own account and up to $8,000 for family members. SRS contributions give relief up to $15,300 a year for Singapore Citizens and PRs ($35,700 for foreigners). Both still count towards the overall $80,000 cap.

How is my tax saving calculated?

We compute your chargeable income before and after the planned top-ups (capping total reliefs at $80,000), then apply the IRAS resident tax brackets to each. The tax saving is the difference. Because the brackets are progressive, a top-up is most valuable when it lands in a higher marginal band.

Does this include a tax rebate?

No. There is no personal income tax rebate announced for YA2026, so none is applied. The figures are estimates of gross tax payable — confirm your exact reliefs and eligibility with IRAS before filing.