Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$104,771
Income Tax
- S$20,895
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$22,095
Net pay
*
S$82,676
Marginal tax rate
22.0%
Average tax rate
21.1%
78.9%
Net pay
21.1%
Total tax
Total tax
Net pay
The Taxberg
S$82,676
Net pay
S$1,020
Tax the employer pays
S$22,095
Tax you pay
Total tax paid
S$23,115
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$104,771. In other words, every time you spend S$10 of your hard-earned money, S$2.21 goes to the government.
Real tax rate
21.9%
So, with you and the employer both paying tax, what used to be a 21.1% tax rate now rises to 21.9%, meaning your real tax rate is actually 0.8% higher than what it seemed at first.
Summary
If you make S$1,257,252 a year living in Singapore, you will be taxed S$265,145. That means that your net pay will be S$992,107 per year, or S$82,676 per month. Your average tax rate is 21.1% and your marginal tax rate is 22.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of S$100 in your salary will be taxed S$22, hence, your net pay will only increase by S$78.
Bonus Example
A S$1,000 bonus will generate an extra S$780 of net incomes. A S$5,000 bonus will generate an extra S$3,900 of net incomes.
Compare average tax
North America
Country
Net pay
Average tax
Rank
USA
SGD 717,002
43.0%
1
Canada
SGD 615,504
51.0%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 1,122,437
10.7%
1
Hong Kong
SGD 1,047,906
16.7%
2
Singapore
SGD 992,107
21.1%
3
Indonesia
SGD 854,869
32.0%
4
Thailand
SGD 835,642
33.5%
5
Pakistan
SGD 823,188
34.5%
6
Vietnam
SGD 819,407
34.8%
7
Philippines
SGD 789,949
37.2%
8
Taiwan
SGD 788,036
37.3%
9
New Zealand
SGD 781,158
37.9%
10
Malaysia
SGD 767,749
38.9%
11
China
SGD 729,460
42.0%
12
Japan
SGD 712,892
43.3%
13
South Korea
SGD 696,562
44.6%
14
Australia
SGD 692,030
45.0%
15
India
SGD 436,320
65.3%
16
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 914,882
27.2%
1
Kenya
SGD 880,753
30.0%
2
Ivory Coast
SGD 856,263
31.9%
3
Nigeria
SGD 855,349
32.0%
4
Ghana
SGD 833,004
33.7%
5
Mozambique
SGD 820,167
34.8%
6
Zambia
SGD 773,600
38.5%
7
Cameroon
SGD 767,124
39.0%
8
Morocco
SGD 764,897
39.2%
9
Senegal
SGD 755,879
39.9%
10
South Africa
SGD 704,775
43.9%
11
Uganda
SGD 696,259
44.6%
12
Show more
NOTE* Withholding is calculated based on the tables of Singapore, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. Income tax calculations include personal tax credit deductions. CPF calculations are determined for regular wages only, assuming there are no additional wages. This document does not represent legal authority and shall be used for approximation purposes only.