Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$20,000
Income Tax
- S$2,409
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$3,609
Net pay
*
S$16,391
Marginal tax rate
19.4%
Average tax rate
18.0%
82.0%
Net pay
18.0%
Total tax
Total tax
Net pay
Summary
If you make S$240,000 a year living in Singapore, you will be taxed S$43,310. That means that your net pay will be S$196,690 per year, or S$16,391 per month. Your average tax rate is 18.1% and your marginal tax rate is 19.4%. 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$19.40, hence, your net pay will only increase by S$80.60.
Bonus Example
A S$1,000 bonus will generate an extra S$806 of net incomes. A S$5,000 bonus will generate an extra S$4,030 of net incomes.
Europe
Country
Net pay
Average tax
Rank
Russia
SGD 208,800
13.0%
1
Hungary
SGD 195,600
18.5%
2
Ukraine
SGD 193,200
19.5%
3
Czech Republic
SGD 183,388
23.6%
4
Switzerland
SGD 171,744
28.4%
5
United Kingdom
SGD 152,005
36.7%
6
France
SGD 146,105
39.1%
7
Norway
SGD 145,041
39.6%
8
Spain
SGD 144,046
40.0%
9
Austria
SGD 142,635
40.6%
10
Poland
SGD 141,818
40.9%
11
Romania
SGD 140,400
41.5%
12
Denmark
SGD 140,175
41.6%
13
Greece
SGD 137,148
42.9%
14
Ireland
SGD 135,001
43.8%
15
Netherlands
SGD 133,467
44.4%
16
Sweden
SGD 132,781
44.7%
17
Luxembourg
SGD 129,080
46.2%
18
Germany
SGD 128,546
46.4%
19
Italy
SGD 118,625
50.6%
20
Finland
SGD 108,834
54.7%
21
Portugal
SGD 104,347
56.5%
22
Belgium
SGD 96,977
59.6%
23
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North America
Country
Net pay
Average tax
Rank
USA
SGD 163,557
31.9%
1
Canada
SGD 142,293
40.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 206,910
13.8%
1
Hong Kong
SGD 203,587
15.2%
2
Singapore
SGD 196,690
18.1%
3
Taiwan
SGD 177,234
26.2%
4
Thailand
SGD 174,214
27.4%
5
China
SGD 169,078
29.6%
6
Indonesia
SGD 167,207
30.3%
7
Pakistan
SGD 161,974
32.5%
8
New Zealand
SGD 160,635
33.1%
9
Malaysia
SGD 158,920
33.8%
10
South Korea
SGD 158,737
33.9%
11
Japan
SGD 158,467
34.0%
12
Philippines
SGD 158,393
34.0%
13
Vietnam
SGD 158,193
34.1%
14
Australia
SGD 152,886
36.3%
15
India
SGD 128,644
46.4%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 213,457
11.1%
1
Costa Rica
SGD 176,242
26.6%
2
Colombia
SGD 174,832
27.2%
3
Brazil
SGD 174,750
27.2%
4
Uruguay
SGD 174,107
27.5%
5
Chile
SGD 173,253
27.8%
6
Panama
SGD 169,088
29.6%
7
Puerto Rico
SGD 162,511
32.3%
8
Mexico
SGD 162,141
32.4%
9
Peru
SGD 157,531
34.4%
10
Argentina
SGD 155,991
35.0%
11
Ecuador
SGD 155,141
35.4%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 174,831
27.2%
1
Kenya
SGD 168,677
29.7%
2
Nigeria
SGD 163,414
31.9%
3
Ivory Coast
SGD 162,167
32.4%
4
Ghana
SGD 160,092
33.3%
5
Mozambique
SGD 158,953
33.8%
6
Morocco
SGD 148,455
38.1%
7
Zambia
SGD 147,990
38.3%
8
Cameroon
SGD 147,770
38.4%
9
Senegal
SGD 145,527
39.4%
10
South Africa
SGD 145,286
39.5%
11
Uganda
SGD 136,771
43.0%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
SGD 228,000
5.0%
1
Qatar
SGD 228,000
5.0%
2
Kuwait
SGD 225,827
5.9%
3
Bahrain
SGD 225,670
6.0%
4
Oman
SGD 220,800
8.0%
5
Saudi Arabia
SGD 220,762
8.0%
6
Egypt
SGD 180,369
24.9%
7
Lebanon
SGD 180,253
24.9%
8
Israel
SGD 151,278
37.0%
9
Turkey
SGD 140,034
41.7%
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.