Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$125,998
Income Tax
- S$25,565
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$26,765
Net pay
*
S$99,233
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$99,233
Net pay
S$1,020
Tax the employer pays
S$26,765
Tax you pay
Total tax paid
S$27,785
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$125,998. 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$1,511,976 a year living in Singapore, you will be taxed S$321,185. That means that your net pay will be S$1,190,791 per year, or S$99,233 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 852,770
43.6%
1
Canada
SGD 733,876
51.5%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 1,351,689
10.6%
1
Hong Kong
SGD 1,259,327
16.7%
2
Singapore
SGD 1,190,791
21.2%
3
Indonesia
SGD 1,027,063
32.1%
4
Thailand
SGD 1,001,212
33.8%
5
Pakistan
SGD 988,759
34.6%
6
Vietnam
SGD 984,978
34.9%
7
Philippines
SGD 948,090
37.3%
8
Taiwan
SGD 940,870
37.8%
9
New Zealand
SGD 936,540
38.1%
10
Malaysia
SGD 918,034
39.3%
11
China
SGD 869,558
42.5%
12
Japan
SGD 850,170
43.8%
13
South Korea
SGD 829,346
45.2%
14
Australia
SGD 827,034
45.3%
15
India
SGD 465,631
69.2%
16
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 1,100,194
27.2%
1
Kenya
SGD 1,059,060
30.0%
2
Ivory Coast
SGD 1,030,068
31.9%
3
Nigeria
SGD 1,028,612
32.0%
4
Ghana
SGD 1,001,504
33.8%
5
Mozambique
SGD 985,738
34.8%
6
Zambia
SGD 930,255
38.5%
7
Cameroon
SGD 922,212
39.0%
8
Morocco
SGD 919,257
39.2%
9
Senegal
SGD 908,713
39.9%
10
South Africa
SGD 844,873
44.1%
11
Uganda
SGD 836,358
44.7%
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.