Provided are an optical system for an augmented reality apparatus and an augmented reality apparatus. The optical system includes an image source; a polarizing beam splitter including a polarizing beam splitting film and a polarizing film; a polarizer disposed between the image source and the beam splitting side of the polarizing beam splitter; a wave plate adjacent to the beam splitting side; a semi-reflector located downstream of the wave plate in an optical path of the reflected light; and an additional wave plate and an additional polarizer which are sequentially located distal to the semi-reflector. The image source has a planar image source for emitting light, wherein a plane where the beam splitting side of the beam splitter component locates is at a first angle (β) relative to a normal of the image source, the first angle has a value between 11° and 79°.