Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$130,929
Income Tax
- S$26,650
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$27,850
Net pay
*
S$103,079
Marginal tax rate
22.0%
Average tax rate
21.3%
78.7%
Net pay
21.3%
Total tax
Total tax
Net pay
The Taxberg
S$103,079
Net pay
S$1,020
Tax the employer pays
S$27,850
Tax you pay
Total tax paid
S$28,870
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$130,929. 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 21.3% tax rate now rises to 21.9%, meaning your real tax rate is actually 0.6% higher than what it seemed at first.
Summary
If you make S$1,571,148 a year living in Singapore, you will be taxed S$334,203. That means that your net pay will be S$1,236,945 per year, or S$103,079 per month. Your average tax rate is 21.3% 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 884,308
43.7%
1
Canada
SGD 761,373
51.5%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 1,404,943
10.6%
1
Hong Kong
SGD 1,308,440
16.7%
2
Singapore
SGD 1,236,945
21.3%
3
Indonesia
SGD 1,067,063
32.1%
4
Thailand
SGD 1,039,674
33.8%
5
Pakistan
SGD 1,027,220
34.6%
6
Vietnam
SGD 1,023,439
34.9%
7
Philippines
SGD 984,826
37.3%
8
Taiwan
SGD 976,374
37.9%
9
New Zealand
SGD 972,635
38.1%
10
Malaysia
SGD 952,945
39.4%
11
China
SGD 902,102
42.6%
12
Japan
SGD 882,059
43.9%
13
South Korea
SGD 860,191
45.3%
14
Australia
SGD 858,395
45.4%
15
India
SGD 472,440
69.9%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 1,391,631
11.4%
1
Brazil
SGD 1,139,832
27.5%
2
Costa Rica
SGD 1,069,775
31.9%
3
Panama
SGD 1,057,629
32.7%
4
Mexico
SGD 1,027,691
34.6%
5
Puerto Rico
SGD 1,023,348
34.9%
6
Argentina
SGD 1,021,237
35.0%
7
Uruguay
SGD 990,723
36.9%
8
Colombia
SGD 989,873
37.0%
9
Chile
SGD 975,287
37.9%
10
Peru
SGD 972,859
38.1%
11
Ecuador
SGD 914,514
41.8%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 1,143,242
27.2%
1
Kenya
SGD 1,100,480
30.0%
2
Ivory Coast
SGD 1,070,442
31.9%
3
Nigeria
SGD 1,068,861
32.0%
4
Ghana
SGD 1,040,646
33.8%
5
Mozambique
SGD 1,024,199
34.8%
6
Zambia
SGD 966,646
38.5%
7
Cameroon
SGD 958,239
39.0%
8
Morocco
SGD 955,114
39.2%
9
Senegal
SGD 944,216
39.9%
10
South Africa
SGD 877,418
44.2%
11
Uganda
SGD 868,902
44.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 1,556,975
0.9%
1
Saudi Arabia
SGD 1,551,910
1.2%
2
Bahrain
SGD 1,543,507
1.8%
3
United Arab Emirates
SGD 1,492,591
5.0%
4
Qatar
SGD 1,492,591
5.0%
5
Oman
SGD 1,445,456
8.0%
6
Egypt
SGD 1,178,730
25.0%
7
Lebanon
SGD 1,178,614
25.0%
8
Turkey
SGD 915,308
41.7%
9
Israel
SGD 818,291
47.9%
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.