IRAS Personal Income Tax Relief Cap 2027 Calculator

What Is the S$80,000 Personal Income Tax Relief Cap?

Singapore's Inland Revenue Authority (IRAS) caps the total personal income tax reliefs a resident taxpayer can claim at S$80,000 per Year of Assessment (YA). Introduced in YA 2018, the cap applies after individual relief sub-caps. Reliefs claimed beyond S$80,000 do not reduce your taxable income — they are simply lost. The cap is the most important reason why high-relief planning (large SRS top-ups, multi-parent reliefs, voluntary CPF Cash Top-Up Scheme) does not always reduce tax. Source: iras.gov.sg, Personal Reliefs page.

Which Reliefs Count Toward the Cap?

All personal reliefs count: Earned Income Relief, CPF Relief (mandatory + voluntary), CPF Cash Top-Up Relief, Supplementary Retirement Scheme (SRS) Relief, NSman Self / Wife / Parent Relief, Spouse Relief, Qualifying Child / Handicapped Child Relief, Working Mother's Child Relief, Parent Relief, Grandparent Caregiver Relief, Foreign Maid Levy Relief, Course Fees Relief, Life Insurance Relief, and CPF Withholding Relief on bonuses. Donations do not count — they are deducted separately.

Cap Planning Strategies

If you are already at the cap, stop adding more SRS or voluntary CPF top-ups — they have zero marginal tax benefit. Instead direct the cash to tax-exempt SGS bonds, REITs, or low-cost equity ETFs. If you are below the cap by S$10,000+, an SRS top-up (current YA) is the highest single-shot deduction available to Singapore residents. Couples should split SRS between spouses if both have taxable income > S$120,000.

YA 2027 Filing Reminder

YA 2027 filing season opens 1 March 2027 and closes 18 April 2027 (e-filing) or 15 April 2027 (paper). The S$80,000 cap remains unchanged for YA 2027 — no Budget 2026 changes to relief sub-caps or the overall cap. Last updated: May 2026.

Source: iras.gov.sg/individual-income-tax/employees/deductions-for-individuals — Personal Tax Reliefs