Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$155,609
Income Tax
- S$32,080
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$33,280
Net pay
*
S$122,329
Marginal tax rate
22.0%
Average tax rate
21.4%
78.6%
Net pay
21.4%
Total tax
Total tax
Net pay
The Taxberg
S$122,329
Net pay
S$1,020
Tax the employer pays
S$33,280
Tax you pay
Total tax paid
S$34,300
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$155,609. In other words, every time you spend S$10 of your hard-earned money, S$2.20 goes to the government.
Real tax rate
21.9%
So, with you and the employer both paying tax, what used to be a 21.4% tax rate now rises to 21.9%, meaning your real tax rate is actually 0.5% higher than what it seemed at first.
Summary
If you make S$1,867,308 a year living in Singapore, you will be taxed S$399,358. That means that your net pay will be S$1,467,950 per year, or S$122,329 per month. Your average tax rate is 21.4% 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 1,042,162
44.2%
1
Canada
SGD 899,000
51.9%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 1,671,487
10.5%
1
Hong Kong
SGD 1,554,253
16.8%
2
Singapore
SGD 1,467,950
21.4%
3
Indonesia
SGD 1,267,267
32.1%
4
Thailand
SGD 1,232,178
34.0%
5
Pakistan
SGD 1,219,724
34.7%
6
Vietnam
SGD 1,215,943
34.9%
7
Philippines
SGD 1,168,692
37.4%
8
Taiwan
SGD 1,154,070
38.2%
9
New Zealand
SGD 1,153,292
38.2%
10
Malaysia
SGD 1,127,676
39.6%
11
China
SGD 1,064,990
43.0%
12
Japan
SGD 1,041,668
44.2%
13
Australia
SGD 1,015,360
45.6%
14
South Korea
SGD 1,014,576
45.7%
15
India
SGD 506,519
72.9%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 1,653,756
11.4%
1
Brazil
SGD 1,354,548
27.5%
2
Costa Rica
SGD 1,268,572
32.1%
3
Panama
SGD 1,255,316
32.8%
4
Mexico
SGD 1,220,195
34.7%
5
Puerto Rico
SGD 1,214,815
34.9%
6
Argentina
SGD 1,213,741
35.0%
7
Colombia
SGD 1,170,524
37.3%
8
Uruguay
SGD 1,170,599
37.3%
9
Peru
SGD 1,154,257
38.2%
10
Chile
SGD 1,152,983
38.3%
11
Ecuador
SGD 1,083,463
42.0%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 1,358,698
27.2%
1
Kenya
SGD 1,307,792
30.0%
2
Ivory Coast
SGD 1,272,520
31.9%
3
Nigeria
SGD 1,270,309
32.0%
4
Ghana
SGD 1,236,556
33.8%
5
Mozambique
SGD 1,216,703
34.8%
6
Zambia
SGD 1,148,784
38.5%
7
Cameroon
SGD 1,138,556
39.0%
8
Morocco
SGD 1,134,584
39.2%
9
Senegal
SGD 1,121,912
39.9%
10
South Africa
SGD 1,040,306
44.3%
11
Uganda
SGD 1,031,790
44.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 1,853,135
0.8%
1
Saudi Arabia
SGD 1,848,070
1.0%
2
Bahrain
SGD 1,836,705
1.6%
3
United Arab Emirates
SGD 1,773,943
5.0%
4
Qatar
SGD 1,773,943
5.0%
5
Oman
SGD 1,717,923
8.0%
6
Egypt
SGD 1,400,850
25.0%
7
Lebanon
SGD 1,400,734
25.0%
8
Turkey
SGD 1,087,795
41.8%
9
Israel
SGD 966,371
48.3%
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.