Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$12,159
Income Tax
- S$986
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,186
Net pay
*
S$9,973
Marginal tax rate
15.0%
Average tax rate
18.0%
82.0%
Net pay
18.0%
Total tax
Total tax
Net pay
The Taxberg
S$9,973
Net pay
S$1,020
Tax the employer pays
S$2,186
Tax you pay
Total tax paid
S$3,206
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$12,159. In other words, every time you spend S$10 of your hard-earned money, S$2.64 goes to the government.
Real tax rate
24.3%
So, with you and the employer both paying tax, what used to be a 18% tax rate now rises to 24.3%, meaning your real tax rate is actually 6.3% higher than what it seemed at first.
Summary
If you make S$145,908 a year living in Singapore, you will be taxed S$26,236. That means that your net pay will be S$119,672 per year, or S$9,973 per month. Your average tax rate is 18.0% and your marginal tax rate is 15.0%. 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$15, hence, your net pay will only increase by S$85.
Bonus Example
A S$1,000 bonus will generate an extra S$850 of net incomes. A S$5,000 bonus will generate an extra S$4,250 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
Russia
SGD 126,940
13.0%
1
Hungary
SGD 118,915
18.5%
2
Ukraine
SGD 117,456
19.5%
3
Switzerland
SGD 112,088
23.2%
4
Czech Republic
SGD 110,937
24.0%
5
United Kingdom
SGD 98,608
32.4%
6
France
SGD 98,219
32.7%
7
Norway
SGD 94,672
35.1%
8
Spain
SGD 93,168
36.2%
9
Denmark
SGD 91,980
37.0%
10
Ireland
SGD 89,837
38.4%
11
Austria
SGD 89,262
38.8%
12
Poland
SGD 87,663
39.9%
13
Netherlands
SGD 85,950
41.1%
14
Sweden
SGD 85,725
41.3%
15
Romania
SGD 85,356
41.5%
16
Greece
SGD 84,456
42.1%
17
Luxembourg
SGD 82,770
43.3%
18
Germany
SGD 80,001
45.2%
19
Italy
SGD 75,926
48.0%
20
Finland
SGD 74,190
49.2%
21
Portugal
SGD 68,122
53.3%
22
Belgium
SGD 61,805
57.6%
23
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North America
Country
Net pay
Average tax
Rank
USA
SGD 103,666
29.0%
1
Canada
SGD 95,398
34.6%
2
Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 130,178
10.8%
1
Costa Rica
SGD 112,653
22.8%
2
Chile
SGD 112,106
23.2%
3
Uruguay
SGD 107,235
26.5%
4
Colombia
SGD 107,076
26.6%
5
Brazil
SGD 106,533
27.0%
6
Panama
SGD 106,281
27.2%
7
Puerto Rico
SGD 103,985
28.7%
8
Ecuador
SGD 101,431
30.5%
9
Mexico
SGD 100,193
31.3%
10
Peru
SGD 99,900
31.5%
11
Argentina
SGD 94,831
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 106,379
27.1%
1
Kenya
SGD 102,812
29.5%
2
Nigeria
SGD 99,413
31.9%
3
Ivory Coast
SGD 97,965
32.9%
4
Ghana
SGD 97,850
32.9%
5
Mozambique
SGD 97,793
33.0%
6
South Africa
SGD 93,536
35.9%
7
Morocco
SGD 91,436
37.3%
8
Cameroon
SGD 90,482
38.0%
9
Zambia
SGD 90,123
38.2%
10
Senegal
SGD 89,072
39.0%
11
Uganda
SGD 85,020
41.7%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
SGD 138,613
5.0%
1
Qatar
SGD 138,613
5.0%
2
Bahrain
SGD 134,235
8.0%
3
Oman
SGD 134,235
8.0%
4
Kuwait
SGD 131,735
9.7%
5
Saudi Arabia
SGD 131,317
10.0%
6
Egypt
SGD 109,800
24.8%
7
Lebanon
SGD 109,684
24.8%
8
Israel
SGD 98,956
32.2%
9
Turkey
SGD 85,234
41.6%
10
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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.