Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,956
Income Tax
- S$5.79
Central Provident Fund (CPF)
- S$391
Total tax
- S$396
Net pay
* S$1,560
Marginal tax rate
21.9%
Average tax rate
20.3%
79.7%
Net pay
20.3%
Total tax
Total tax
Net pay
The Taxberg
S$1,560
Net pay
S$333
Tax the employer pays
S$396
Tax you pay
Total tax paid
S$730
Did you know your employer also pays tax on your salary? It costs the employer S$333 to pay you S$1,956. In other words, every time you spend S$10 of your hard-earned money, S$3.73 goes to the government.
Real tax rate
31.9%
So, with you and the employer both paying tax, what used to be a 20.3% tax rate now rises to 31.9%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
People also ask
S$23,472 yearly is how much per hour?
S$10.26 hourly is how much per year?
What is the average salary in Singapore?
Summary
If you make S$23,472 a year living in Singapore, you will be taxed S$4,757. That means that your net pay will be S$18,715 per year, or S$1,560 per month. Your average tax rate is 20.3% and your marginal tax rate is 21.9%. 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$21.92, hence, your net pay will only increase by S$78.08.
Bonus Example
A S$1,000 bonus will generate an extra S$781 of net incomes. A S$5,000 bonus will generate an extra S$3,904 of net incomes.
Compare average tax
Tax per income
S$1,500
S$2,000
S$2,500
S$3,000
S$3,500
S$4,000
S$4,500
S$5,000
S$5,500
S$6,000
S$6,500
S$7,000
S$7,500
S$8,000
S$8,500
S$9,000
S$9,500
S$10,000
S$10,500
S$11,000
Europe
Country 
Net pay
Average tax
Rank
Ireland
SGD 23,259
0.9%
1
United Kingdom
SGD 22,843
2.7%
2
Switzerland
SGD 21,714
7.5%
3
France
SGD 20,471
12.8%
4
Russia
SGD 20,421
13.0%
5
Spain
SGD 20,395
13.1%
6
Norway
SGD 20,336
13.4%
7
Luxembourg
SGD 19,976
14.9%
8
Austria
SGD 19,837
15.5%
9
Hungary
SGD 19,130
18.5%
10
Czech Republic
SGD 19,098
18.6%
11
Ukraine
SGD 18,895
19.5%
12
Italy
SGD 18,791
19.9%
13
Germany
SGD 18,442
21.4%
14
Greece
SGD 17,572
25.1%
15
Sweden
SGD 17,452
25.7%
16
Poland
SGD 16,652
29.1%
17
Portugal
SGD 15,900
32.3%
18
Finland
SGD 15,746
32.9%
19
Denmark
SGD 15,711
33.1%
20
Belgium
SGD 15,399
34.4%
21
Netherlands
SGD 14,771
37.1%
22
Romania
SGD 13,731
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 20,347
13.3%
1
Canada
SGD 17,480
25.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 22,280
5.1%
1
Australia
SGD 21,752
7.3%
2
Thailand
SGD 21,484
8.5%
3
Taiwan
SGD 21,369
9.0%
4
South Korea
SGD 20,306
13.5%
5
Pakistan
SGD 19,971
14.9%
6
New Zealand
SGD 19,818
15.6%
7
Indonesia
SGD 19,681
16.2%
8
Malaysia
SGD 19,658
16.3%
9
Japan
SGD 18,911
19.4%
10
Singapore
SGD 18,715
20.3%
11
Philippines
SGD 18,697
20.3%
12
Kazakhstan
SGD 18,663
20.5%
13
Vietnam
SGD 17,805
24.2%
14
China
SGD 16,571
29.4%
15
India
SGD 16,425
30.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 21,221
9.6%
1
Puerto Rico
SGD 21,168
9.8%
2
Costa Rica
SGD 21,007
10.5%
3
Ecuador
SGD 20,850
11.2%
4
Colombia
SGD 20,540
12.5%
5
Panama
SGD 19,962
15.0%
6
Chile
SGD 19,088
18.7%
7
Mexico
SGD 18,917
19.4%
8
Peru
SGD 18,153
22.7%
9
Uruguay
SGD 17,883
23.8%
10
Brazil
SGD 17,767
24.3%
11
Argentina
SGD 15,248
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 19,768
15.8%
1
Mozambique
SGD 17,636
24.9%
2
Angola
SGD 17,307
26.3%
3
Morocco
SGD 17,168
26.9%
4
Kenya
SGD 17,107
27.1%
5
Ivory Coast
SGD 16,896
28.0%
6
Ghana
SGD 16,859
28.2%
7
Nigeria
SGD 16,132
31.3%
8
Cameroon
SGD 15,937
32.1%
9
Uganda
SGD 15,649
33.3%
10
Senegal
SGD 15,471
34.1%
11
Zambia
SGD 14,825
36.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 22,298
5.0%
1
Qatar
SGD 22,298
5.0%
2
Bahrain
SGD 21,594
8.0%
3
Oman
SGD 21,594
8.0%
4
Saudi Arabia
SGD 21,125
10.0%
5
Kuwait
SGD 20,890
11.0%
6
Israel
SGD 20,385
13.2%
7
Egypt
SGD 17,973
23.4%
8
Lebanon
SGD 17,857
23.9%
9
Turkey
SGD 13,387
43.0%
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.