Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$115,501
Income Tax
- S$23,256
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$24,456
Net pay
*
S$91,045
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$91,045
Net pay
S$1,020
Tax the employer pays
S$24,456
Tax you pay
Total tax paid
S$25,476
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$115,501. 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$1,386,012 a year living in Singapore, you will be taxed S$293,473. That means that your net pay will be S$1,092,539 per year, or S$91,045 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 785,631
43.3%
1
Canada
SGD 675,340
51.3%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 1,238,321
10.7%
1
Hong Kong
SGD 1,154,777
16.7%
2
Singapore
SGD 1,092,539
21.2%
3
Indonesia
SGD 941,911
32.0%
4
Thailand
SGD 919,336
33.7%
5
Pakistan
SGD 906,882
34.6%
6
Vietnam
SGD 903,101
34.8%
7
Philippines
SGD 869,887
37.2%
8
Taiwan
SGD 865,292
37.6%
9
New Zealand
SGD 859,702
38.0%
10
Malaysia
SGD 843,716
39.1%
11
China
SGD 800,278
42.3%
12
Japan
SGD 782,284
43.6%
13
South Korea
SGD 763,682
44.9%
14
Australia
SGD 760,273
45.2%
15
India
SGD 451,137
67.5%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 1,227,770
11.4%
1
Brazil
SGD 1,005,609
27.5%
2
Costa Rica
SGD 945,503
31.8%
3
Panama
SGD 934,051
32.6%
4
Mexico
SGD 907,352
34.5%
5
Puerto Rico
SGD 903,657
34.8%
6
Argentina
SGD 900,899
35.0%
7
Uruguay
SGD 878,279
36.6%
8
Colombia
SGD 876,945
36.7%
9
Chile
SGD 864,206
37.7%
10
Peru
SGD 859,464
38.0%
11
Ecuador
SGD 808,901
41.6%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 1,008,555
27.2%
1
Kenya
SGD 970,885
30.0%
2
Ivory Coast
SGD 944,119
31.9%
3
Nigeria
SGD 942,931
32.0%
4
Ghana
SGD 918,179
33.8%
5
Mozambique
SGD 903,861
34.8%
6
Zambia
SGD 852,787
38.5%
7
Cameroon
SGD 845,519
39.0%
8
Morocco
SGD 842,924
39.2%
9
Senegal
SGD 833,135
39.9%
10
South Africa
SGD 775,593
44.0%
11
Uganda
SGD 767,077
44.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 1,371,839
1.0%
1
Saudi Arabia
SGD 1,366,774
1.4%
2
Bahrain
SGD 1,360,222
1.9%
3
United Arab Emirates
SGD 1,316,711
5.0%
4
Qatar
SGD 1,316,711
5.0%
5
Oman
SGD 1,275,131
8.0%
6
Egypt
SGD 1,039,878
25.0%
7
Lebanon
SGD 1,039,762
25.0%
8
Turkey
SGD 807,483
41.7%
9
Israel
SGD 725,723
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.