Australia vs Singapore
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฆ๐บ Australia โ State & Territory Taxes
Australia's 6 states and 2 territories levy payroll tax (4.75%โ6.85%), stamp duty on property, and land tax on investment properties. There is no state income tax โ income tax is federal only. The Stage 3 tax cuts (effective July 2024) restructured brackets significantly. The ACT is progressively replacing stamp duty with broad-based land value tax. Councils levy rates on property owners.
๐ธ๐ฌ Singapore โ City-State โ No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0โ32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
Australia vs Singapore: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฆ๐บ Australia has a higher top income tax rate (0โ45% vs 0โ24%). ๐ธ๐ฌ Singapore is more favourable for high earners.
๐ VAT/Sales Tax: Australia has a higher consumption tax (10% vs 9%).
๐ข Corporate Tax: ๐ธ๐ฌ Singapore offers a lower corporate rate (17% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ฌ Singapore taxes investment gains at a lower rate (0% vs 22.5%), benefiting investors.