Tax Deduction Calculator

Select an option
Your current chargeable incomechargeable income
(Before partial exempt income)
(After deducting all relevant personal reliefs)
S$
Desired amount of donations*
S$
Without donations*
Tax Payable
S$
With donations*
Tax Payable
S$
Tax Savings
S$

*Applicable to Institutions of Public Character (IPCs)

Corporate Tax:
The computation of tax payable and tax savings are indicative only and applicable only for the Years of Assessment 2016 and 2017. Please seek professional advice on the validity of the figures in your particular case.

Please also note the following:

  1. All tax exempt donations are made between 1 January 2016 to 31 December 2018 which qualify for 250% tax deduction

  2. The tax payable is computed after considering:

    • Partial tax exemption on chargeable (income 75% on first $10,000 and 50% on the remaining, capped at $290,000) and not full tax exemption

    • Corporate Income Tax Rebate at 50%, capped at $20,000 for YAs 2016 and 2017

*Applicable to Institutions of Public Character (IPCs)

Individual Tax:
The computation of tax payable and tax savings are indicative only and applicable only for the Year of Assessment (YA) 2017. Please seek professional advice on the validity of the figures in your particular case

Please also note the following:

  1. The individual taxpayer is a tax resident in Singapore.

  2. The tax payable is computed based on the YA2017 progressive individual income tax rates for tax resident individuals.

  3. All tax exempt donations are made between 1 January 2016 to 31 December 2018 which qualify for 250% tax deduction.

Legal Disclaimer and Terms of Use

Calculations are provided for informational uses only (For example, estimations on potential tax savings on your desired amount of donation to the Institutions of Public Characters (IPCs) in Singapore). Figures are based on the current tax rates in Singapore, stated assumptions and your inputs. They are not intended to be used for actual financial forecasts or planning or any other purposes. The actual figure of your tax deductibility will vary depending on your actual financial circumstances. Therefore, Nexia TS, its associated entities and National Volunteer and Philanthropy Centre (NVPC) do not guarantee its accuracy in regards to your individual circumstances. While every effort is made to ensure that the content in this website herein are consistent with existing tax laws and practice, you are advised to seek professional advice before making any decisions based on such information or projections. Nexia TS, its associated entities and National Volunteer and Philanthropy Centre (NVPC) shall not be responsible or held accountable in any way for any damages, losses or expenses whatsoever, arising directly or indirectly from any actions taken in reliance thereon.

By accepting the terms of use, you hereby express your understanding and agree to the terms & conditions as laid out in this website.