Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$20,200
Income Tax
- S$2,448
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$3,648
Net pay
* S$16,552
Marginal tax rate
19.4%
Average tax rate
18.1%
81.9%
Net pay
18.1%
Total tax
Total tax
Net pay
The Taxberg
S$16,552
Net pay
S$1,020
Tax the employer pays
S$3,648
Tax you pay
Total tax paid
S$4,668
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$20,200. In other words, every time you spend S$10 of your hard-earned money, S$2.31 goes to the government.
Real tax rate
22.0%
So, with you and the employer both paying tax, what used to be a 18.1% tax rate now rises to 22.0%, meaning your real tax rate is actually 3.9% higher than what it seemed at first.
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Summary
If you make S$242,400 a year living in Singapore, you will be taxed S$43,776. That means that your net pay will be S$198,624 per year, or S$16,552 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.
Compare average tax
Tax per income
S$20,500
S$21,000
S$21,500
S$22,000
S$22,500
S$23,000
S$23,500
S$24,000
S$24,500
S$25,000
S$25,500
S$26,000
S$26,500
S$27,000
S$27,500
S$28,000
S$28,500
S$29,000
S$29,500
S$30,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 165,100
31.9%
1
Canada
SGD 143,433
40.8%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 215,581
11.1%
1
Costa Rica
SGD 177,853
26.6%
2
Brazil
SGD 176,490
27.2%
3
Colombia
SGD 176,356
27.3%
4
Uruguay
SGD 175,819
27.5%
5
Chile
SGD 174,796
27.9%
6
Panama
SGD 170,690
29.6%
7
Puerto Rico
SGD 164,085
32.3%
8
Mexico
SGD 163,709
32.5%
9
Peru
SGD 159,001
34.4%
10
Argentina
SGD 157,551
35.0%
11
Ecuador
SGD 156,510
35.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 230,280
5.0%
1
Qatar
SGD 230,280
5.0%
2
Kuwait
SGD 228,227
5.9%
3
Bahrain
SGD 228,046
5.9%
4
Saudi Arabia
SGD 223,162
7.9%
5
Oman
SGD 223,008
8.0%
6
Egypt
SGD 182,169
24.9%
7
Lebanon
SGD 182,053
24.9%
8
Israel
SGD 152,589
37.1%
9
Turkey
SGD 141,432
41.7%
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.