By MoneyBees
Work out your YA 2026 Earned Income Relief from your age and earned income, including the higher amounts for a disability, and how much tax it saves you after the S$80,000 relief cap.
Claim it in your tax return the first time. IRAS grants it after that.
Salary, bonus and taxable benefits for the year.
Not earned income, so it does not raise the relief.
CPF, parent, SRS and the rest. All reliefs share one S$80,000 cap.
Earned Income Relief
$6,000
55 to 59
Tax it saves
$420
at a 7% top rate
Tax payable, YA 2026
$690
on $42,000 chargeable income
IRAS takes $6,000 off your $60,000 assessable income without you claiming it.
From the year you turn 60, the relief rises to $8,000.
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By your age on 31 Dec of the year you earned the income, capped at that income.
| Age | Relief | With a disability |
|---|---|---|
| Below 55 | $1,000 | $4,000 |
| 55 to 59 | $6,000 | $10,000 |
| 60 and above | $8,000 | $12,000 |
You get one or the other, never both. Source: IRAS.
Rent, interest and dividends are not earned income. With only rental income, you get no Earned Income Relief.
You turned 60 in 2025 and earned S$60,000. Your other reliefs come to S$10,000. Earned Income Relief adds S$8,000, so your chargeable income is S$42,000 and your tax is S$690.
Without the relief, chargeable income would be S$50,000 and tax S$1,250. The relief saves you S$560.
A tax relief for people who earn income from work, a pension or a business. IRAS takes it off your assessable income before working out your tax.
S$1,000 if you are below 55, S$6,000 from 55 to 59 and S$8,000 from 60. It is capped at your taxable earned income, so S$5,000 of earned income gets at most S$5,000.
S$4,000 below 55, S$10,000 from 55 to 59 and S$12,000 from 60. It replaces the normal relief. You cannot have both.
Your age on 31 Dec of the year you earned the income. For YA 2026, that is your age on 31 Dec 2025.
No. IRAS grants it automatically. For the disability version, claim it in your tax return the first time and IRAS grants it each year after that.
Employment income, pensions, and income from a trade, business, profession or vocation after allowable expenses. Rent, interest and dividends do not count.
Yes. Your trade or business income after allowable expenses counts as earned income, so you get the same amount for your age.
Yes. All your reliefs, including this one, are capped at S$80,000 a year. Any relief above the cap saves no tax.
These calculators provide general estimates for educational purposes only and are not personalised financial advice. Results may rely on rates and rules that change over time, so verify against official sources (IRAS, CPF Board, HDB, MAS) or consult a licensed financial adviser before making decisions.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).