Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$112,708
Income Tax
- S$22,642
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$23,842
Net pay
*
S$88,866
Marginal tax rate
22.0%
Average tax rate
21.2%
78.8%
Net pay
21.2%
Total tax
Total tax
Net pay
The Taxberg
S$88,866
Net pay
S$1,020
Tax the employer pays
S$23,842
Tax you pay
Total tax paid
S$24,862
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$112,708. 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 21.2% tax rate now rises to 21.9%, meaning your real tax rate is actually 0.7% higher than what it seemed at first.
Summary
If you make S$1,352,496 a year living in Singapore, you will be taxed S$286,099. That means that your net pay will be S$1,066,397 per year, or S$88,866 per month. Your average tax rate is 21.2% 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 767,767
43.2%
1
Canada
SGD 659,765
51.2%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 1,208,157
10.7%
1
Hong Kong
SGD 1,126,959
16.7%
2
Singapore
SGD 1,066,397
21.2%
3
Indonesia
SGD 919,254
32.0%
4
Thailand
SGD 897,550
33.6%
5
Pakistan
SGD 885,097
34.6%
6
Vietnam
SGD 881,316
34.8%
7
Philippines
SGD 849,079
37.2%
8
Taiwan
SGD 845,182
37.5%
9
New Zealand
SGD 839,257
38.0%
10
Malaysia
SGD 823,942
39.1%
11
China
SGD 781,844
42.2%
12
Japan
SGD 764,221
43.5%
13
South Korea
SGD 746,211
44.8%
14
Australia
SGD 742,509
45.1%
15
India
SGD 447,280
66.9%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 1,198,106
11.4%
1
Brazil
SGD 981,310
27.4%
2
Costa Rica
SGD 923,005
31.8%
3
Panama
SGD 911,679
32.6%
4
Mexico
SGD 885,567
34.5%
5
Puerto Rico
SGD 881,989
34.8%
6
Argentina
SGD 879,113
35.0%
7
Uruguay
SGD 857,923
36.6%
8
Colombia
SGD 856,501
36.7%
9
Chile
SGD 844,096
37.6%
10
Peru
SGD 838,935
38.0%
11
Ecuador
SGD 789,781
41.6%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 984,172
27.2%
1
Kenya
SGD 947,424
30.0%
2
Ivory Coast
SGD 921,250
31.9%
3
Nigeria
SGD 920,134
32.0%
4
Ghana
SGD 896,008
33.8%
5
Mozambique
SGD 882,076
34.8%
6
Zambia
SGD 832,175
38.5%
7
Cameroon
SGD 825,113
39.0%
8
Morocco
SGD 822,614
39.2%
9
Senegal
SGD 813,025
39.9%
10
South Africa
SGD 757,159
44.0%
11
Uganda
SGD 748,644
44.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 1,338,323
1.1%
1
Saudi Arabia
SGD 1,333,258
1.4%
2
Bahrain
SGD 1,327,041
1.9%
3
United Arab Emirates
SGD 1,284,871
5.0%
4
Qatar
SGD 1,284,871
5.0%
5
Oman
SGD 1,244,296
8.0%
6
Egypt
SGD 1,014,741
25.0%
7
Lebanon
SGD 1,014,625
25.0%
8
Turkey
SGD 787,963
41.7%
9
Israel
SGD 708,965
47.6%
10
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.