Singapore collected S$97.3 billion in tax revenue, up 9.4%

Singapore tax revenue hits record S$97.3 billion, up 9.4% on stronger economy

The Inland Revenue Authority of Singapore collected S$97.3 billion in tax revenue in the financial year 2025/2026, up 9.4 per cent from the previous financial year, driven by stronger economic activity and consumer spending. Read more at The Business Times.

Singapore tax revenue up 9.4%, hits record $97b

Singapore collected $97.3 billion in tax revenue in the financial year of 2025/2026, up 9.4 per cent from the previous year amid stronger economic activity and consumer spending, said the Inland Revenue Authority of Singapore (IRAS) on Friday (Sep 4). In its annual report, IRAS said the amount accounted for 74.8 per cent of the Government's operating revenue and 12.3 per cent of the country's gross domestic product. According to IRAS data dating…

Singapore tax revenue rises 9.4% to $97.3 billion amid strong economic growth

Singapore tax revenue rises 9.4% to $97.3 billion in 2025/2026, driven by strong economic growth, consumer spending and increased corporate and GST collections. Read more at straitstimes.com.

Singapore collected S$97.3 billion in tax revenue, up 9.4%

The total tax revenue collected accounts for 74.8 per cent of the government’s operating revenue and 12.3 per cent of Singapore’s GDP.