---
title: "Budget 2026 Tax Changes Singapore — What You Need to Know | TaxInfo.sg"
description: "A clear summary of all tax-related changes from Singapore's Budget 2026 — personal tax, corporate tax, GST, property tax, and support measures."
keywords: "Budget 2026 Singapore tax, Singapore budget tax changes, budget 2026 personal tax, budget 2026 corporate tax"
url: "https://taxinfo.sg/budget-2026-tax-changes"
language: "en"
---

Updates

#  Budget 2026 Tax Changes

A clear summary of every tax-related change from Singapore's Budget 2026 statement. 

Budget delivered: February 2026

Who This Is For

All Singapore taxpayers — employees, freelancers, business owners, and expats who want to understand how Budget 2026 affects their tax obligations.

TL;DR

Budget 2026 maintains Singapore's competitive tax framework. Key highlights include continued GST support through the Assurance Package, stable corporate tax rates with enhanced innovation incentives, and sustained support for households and businesses navigating global economic uncertainty.

## Personal Income Tax

Tax Rates

The personal income tax rate structure remains unchanged for YA 2026. The top marginal rate stays at 22% for income above S$320,000. The progressive rates continue from 0% \(first S$20,000\) upward.

Relief Cap

The overall personal relief cap remains at S$80,000. No new reliefs were introduced, and existing reliefs \(CPF, SRS, earned income, course fees\) continue unchanged.

Household Support

Additional GST vouchers and U-Save rebates continue under the Assurance Package to offset the impact of the 9% GST rate for lower- and middle-income households.

## Corporate Income Tax

Headline Rate

The corporate tax rate remains at 17%. The partial tax exemption and startup exemption schemes continue to apply.

Global Minimum Tax

Singapore continues implementing the OECD's Pillar Two framework. The Domestic Top-Up Tax \(DTT\) applies to large multinational enterprises with global revenue above EUR 750 million, ensuring they pay a minimum effective tax rate of 15%.

Enterprise Support

Enhanced support measures for SMEs including continued access to enhanced deductions for innovation, digital transformation, and workforce training investments.

## GST

Rate

GST remains at 9%. No further increases are planned. The Assurance Package, initially budgeted at S$8 billion, continues to cushion the impact for Singaporean households.

Vouchers

Eligible Singaporean households continue to receive GST Voucher — Cash, MediSave top-ups, and U-Save rebates based on income and property value.

## Property Tax

Property tax rates remain unchanged. The progressive rates for owner-occupied residential properties range from 0% to 16%, while non-owner-occupied rates range from 12% to 36%. Annual Values are reviewed yearly by IRAS based on market rental conditions.

## What This Means for You

**Individuals:** No changes to your tax rates or reliefs. Continue to file by April 18 and claim all applicable deductions. If you're lower- or middle-income, check your eligibility for GST vouchers.

**SMEs:** Explore enhanced deductions for innovation and training. The corporate rate and exemption schemes remain favourable — especially for startups in their first 3 years.

**MNCs:** If your group has global revenue above EUR 750M, ensure compliance with the Domestic Top-Up Tax requirements.

## Key Takeaways

  * Personal and corporate tax rates unchanged for 2026
  * GST stays at 9% with continued household support via Assurance Package
  * Global Minimum Tax \(Pillar Two\) in effect for large multinationals
  * Enhanced support for SME innovation and digital transformation
  * Stability is the theme — no major surprises for taxpayers

## What To Do Next

[ All Updates Latest Tax Updates ](/latest-tax-updates) [ Deadlines Tax Deadlines 2026 ](/tax-deadlines-2026) [ File Now Personal Tax Filing Guide ](https://personal.taxinfo.sg) [ File Now Corporate Tax Filing Guide ](https://corporate.taxinfo.sg)