Singapore Crypto Tax Calculator

Enter one trade to see your profit, any income tax and what you keep, in Singapore dollars. Investors pay no tax on crypto gains. Traders and companies pay income tax on their profit.

Your trade

Trade Information

Type any crypto asset. It only labels your results.

Price per unit when you bought.

Price per unit when you sold.

Units sold. Decimals are fine.

Exchange and network fees for the buy and the sell.

Tax Settings

Buying and holding as a personal investment. The gain is capital and not taxed.

Your results

Fill in your trade and choose Calculate Tax. Your figures appear here.

Total Buy Value

$0.00

Buy price × quantity

Total Sell Value

$0.00

Sell price × quantity

Profit / Loss

$0.00

Sell value − buy value − fees

Taxable Profit

$0.00

Trading profit only

Tax Owed

$0.00

0% for investors, income tax for traders and companies

Final Take-Home Amount

$0.00

Sell value − fees − tax owed

An estimate for Singapore tax residents. It leaves out reliefs, rebates and company tax exemptions, and it cannot decide whether your activity counts as investing or trading.

Where the sale value goes

Hover or tap a bar or segment for the exact amount.

Profit, income tax, fees and take-home

Amounts in Singapore dollars

Calculate a trade to draw this chart.

Share of the sale value

Income tax, fees and take-home as percentages

Calculate a trade to draw this chart.

  • Income Tax$0.000%
  • Fees$0.000%
  • Take-Home Amount$0.000%

Singapore crypto tax rules

Singapore has no capital gains tax. Crypto profit is taxed only when it is income, which mainly means profit from trading as a business.

Investors

No capital gains tax

  • Investment gains are not taxed. Profit from selling crypto you bought and held as a personal investment is a capital gain, and Singapore does not tax capital gains.
  • Investment losses do not count. A loss on crypto held as an investment cannot be deducted from your income.
  • No GST on the tokens. Since 1 January 2020, exchanging digital payment tokens such as Bitcoin for money or for other tokens is exempt from GST.
  • Crypto you earn is different. If you are paid in crypto for work or services, its value is taxable income, like pay in dollars.

Traders and companies

Income tax up to 24%

  • Trading as a business is taxed. If you buy and sell crypto in the ordinary course of a trade or business, the profit is income, and losses can be deducted.
  • IRAS looks at the facts. It weighs your purpose when buying, how often you trade, how long you hold and how the activity is run. No single factor decides it.
  • Individuals pay 0% to 24%. Trading profit is added to a resident's other chargeable income and taxed at the rates below. Non-residents pay a flat 24% on this kind of income.
  • Companies pay 17%. That is the standard corporate income tax rate, before any exemptions or rebates.

Resident individual income tax rates

On chargeable income, which is income after reliefs. These rates have applied since Year of Assessment 2024.

RateChargeable income
0%First $20,000
2%$20,001 to $30,000
3.5%$30,001 to $40,000
7%$40,001 to $80,000
11.5%$80,001 to $120,000
15%$120,001 to $160,000
18%$160,001 to $200,000
19%$200,001 to $240,000
19.5%$240,001 to $280,000
20%$280,001 to $320,000
22%$320,001 to $500,000
23%$500,001 to $1,000,000
24%Over $1,000,000

Whether you are investing or trading is the question that matters. It depends on your own facts, and IRAS decides case by case. If you trade often or for a living, check with IRAS or a Singapore tax adviser.

Frequently asked questions

Short answers on crypto tax in Singapore and on how this calculator gets its numbers.

Only when the profit is income. Singapore has no capital gains tax, so profit on crypto you bought and held as a personal investment is not taxed. Profit from trading crypto as a business, and crypto you are paid for work or services, is taxable income.

Not if you held it as a personal investment. Take someone who sells 0.5 BTC bought at $120,000 per BTC for $160,000 per BTC and pays $200 in fees. The profit is $19,800, the tax is $0 and they keep $79,800.

When you are buying and selling in the ordinary course of a trade or business. IRAS looks at factors such as why you bought, how often you trade, how long you hold and how organised the activity is. No single factor decides it, and each case is judged on its facts.

Trading profit is added to your other chargeable income and taxed at resident rates, from 0% to 24%. Take a trader with $100,000 of other chargeable income who makes a $20,000 profit. The profit falls in the 11.5% band, so the tax is $2,300.

The standard corporate income tax rate is 17%. On a $20,000 trading profit that is $3,400. Companies can qualify for exemptions and rebates that lower the bill, and this calculator does not apply them.

Not if you are an investor: a capital loss is ignored, just as a capital gain is. If you are trading as a business, a trading loss can be deducted in working out your income.

Yes. If you receive crypto for work or services, you are taxed on the value of the work, the same as if you had been paid in Singapore dollars. Selling that crypto later is a separate event.

It depends on the facts. Mining on a hobby scale is generally not taxed, while mining run as a business is. Airdrops you receive without doing anything in return are generally not taxable. There is no specific IRAS guidance on staking, so its treatment depends on your circumstances.

Not on the tokens themselves. Since 1 January 2020, exchanging digital payment tokens such as Bitcoin or Ether for money or for other tokens is exempt from GST. Fees charged by exchanges and other intermediaries can still carry GST.

It multiplies your buy and sell prices by the quantity and subtracts fees to get the profit. For an individual investor the tax is $0. For an individual trader it places the profit on top of your other chargeable income and applies the resident rates. For a company it charges 17%. On a loss, tax is $0. Everything runs in your browser and nothing you type is sent to a server.

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