Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$188,231
Income Tax
- S$39,257
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$40,457
Net pay
*
S$147,774
Marginal tax rate
22.0%
Average tax rate
21.5%
78.5%
Net pay
21.5%
Total tax
Total tax
Net pay
The Taxberg
S$147,774
Net pay
S$1,020
Tax the employer pays
S$40,457
Tax you pay
Total tax paid
S$41,477
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$188,231. 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 21.5% tax rate now rises to 21.9%, meaning your real tax rate is actually 0.4% higher than what it seemed at first.
Summary
If you make S$2,258,772 a year living in Singapore, you will be taxed S$485,480. That means that your net pay will be S$1,773,292 per year, or S$147,774 per month. Your average tax rate is 21.5% 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 1,250,812
44.6%
1
Canada
SGD 1,080,915
52.2%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 2,023,805
10.4%
1
Hong Kong
SGD 1,879,168
16.8%
2
Singapore
SGD 1,773,292
21.5%
3
Indonesia
SGD 1,531,897
32.2%
4
Thailand
SGD 1,486,630
34.2%
5
Pakistan
SGD 1,474,176
34.7%
6
Vietnam
SGD 1,470,395
34.9%
7
Philippines
SGD 1,411,726
37.5%
8
New Zealand
SGD 1,392,085
38.4%
9
Taiwan
SGD 1,388,948
38.5%
10
Malaysia
SGD 1,358,636
39.9%
11
China
SGD 1,280,296
43.3%
12
Japan
SGD 1,252,639
44.5%
13
Australia
SGD 1,222,836
45.9%
14
South Korea
SGD 1,218,641
46.1%
15
India
SGD 551,565
75.6%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 2,000,234
11.5%
1
Brazil
SGD 1,638,360
27.5%
2
Costa Rica
SGD 1,531,343
32.2%
3
Panama
SGD 1,516,618
32.9%
4
Mexico
SGD 1,474,646
34.7%
5
Argentina
SGD 1,468,193
35.0%
6
Puerto Rico
SGD 1,467,897
35.0%
7
Colombia
SGD 1,409,307
37.6%
8
Uruguay
SGD 1,408,359
37.7%
9
Peru
SGD 1,394,029
38.3%
10
Chile
SGD 1,387,862
38.6%
11
Ecuador
SGD 1,306,780
42.2%
12
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 1,643,488
27.2%
1
Kenya
SGD 1,581,817
30.0%
2
Ivory Coast
SGD 1,539,625
31.8%
3
Nigeria
SGD 1,536,583
32.0%
4
Ghana
SGD 1,495,510
33.8%
5
Mozambique
SGD 1,471,155
34.9%
6
Zambia
SGD 1,389,535
38.5%
7
Cameroon
SGD 1,376,899
39.0%
8
Morocco
SGD 1,371,806
39.3%
9
Senegal
SGD 1,356,791
39.9%
10
South Africa
SGD 1,255,611
44.4%
11
Uganda
SGD 1,247,095
44.8%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 2,244,599
0.6%
1
Saudi Arabia
SGD 2,239,534
0.9%
2
Bahrain
SGD 2,224,254
1.5%
3
United Arab Emirates
SGD 2,145,833
5.0%
4
Qatar
SGD 2,145,833
5.0%
5
Oman
SGD 2,078,070
8.0%
6
Egypt
SGD 1,694,448
25.0%
7
Lebanon
SGD 1,694,332
25.0%
8
Turkey
SGD 1,315,787
41.8%
9
Israel
SGD 1,162,103
48.6%
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.