Singapore vs Belgium
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.
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.
๐ง๐ช Belgium โ Regional & Municipal Income Taxes
Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (prรฉcompte immobilier) rates and housing policy incentives. The withholding tax on investment income (prรฉcompte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level โ it's regional.
Singapore vs Belgium: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ช Belgium has a higher top income tax rate (0โ24% vs 25โ45%). ๐ธ๐ฌ Singapore is more favourable for high earners.
๐ VAT/Sales Tax: Belgium has a higher consumption tax (9% vs 6โ21%).
๐ข Corporate Tax: ๐ธ๐ฌ Singapore offers a lower corporate rate (17% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ฌ Singapore taxes investment gains at a lower rate (0% vs 33%), benefiting investors.