What personal tax reliefs are available in Singapore for YA2025?

Singapore offers a wide range of personal tax reliefs to reduce your chargeable income for YA2025. Here are the key reliefs available:

Employment and Personal Reliefs:

• Earned Income Relief: Up to S$1,000 (below age 55), S$6,000 (55 to 59), or S$8,000 (60 and above).
• Spouse/Handicapped Spouse Relief: S$2,000 (spouse) or S$5,500 (handicapped spouse), if your spouse's income is below S$4,000 in 2024.
• Qualifying Child Relief (QCR): S$4,000 per child. Handicapped Child Relief is S$7,500 per child.
• Working Mother's Child Relief (WMCR): 15% of earned income for the first child, 20% for the second, and 25% for the third and subsequent children.

Parent and Caregiver Reliefs:

• Parent/Handicapped Parent Relief: S$9,000 (living with you) or S$5,500 (not living with you). For handicapped parents, S$14,000 or S$10,000 respectively.
• Grandparent Caregiver Relief: S$3,000 for a working mother whose parent or grandparent cares for her child.

Other Key Reliefs:

• Course Fees Relief: Up to S$5,500 for courses relevant to your employment or an approved academic qualification.
• NSman Relief: S$3,000 to S$5,000 depending on NS activities and key appointment holder status.
• Life Insurance Relief: Premiums paid, subject to conditions.
• CPF Cash Top-Up Relief: Up to S$8,000 for topping up your own SA/RA, and another S$8,000 for family members.

The total personal relief cap is S$80,000 per YA.