Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$20,394
Income Tax
- S$2,486
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$3,686
Net pay
* S$16,708
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$16,708
Net pay
S$1,020
Tax the employer pays
S$3,686
Tax you pay
Total tax paid
S$4,706
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$20,394. 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$244,728 a year living in Singapore, you will be taxed S$44,227. That means that your net pay will be S$200,501 per year, or S$16,708 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.
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 166,548
32.0%
1
Canada
SGD 144,539
40.9%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 217,642
11.1%
1
Costa Rica
SGD 179,416
26.7%
2
Brazil
SGD 178,178
27.2%
3
Colombia
SGD 177,835
27.3%
4
Uruguay
SGD 177,480
27.5%
5
Chile
SGD 176,294
28.0%
6
Panama
SGD 172,244
29.6%
7
Puerto Rico
SGD 165,611
32.3%
8
Mexico
SGD 165,231
32.5%
9
Peru
SGD 160,427
34.5%
10
Argentina
SGD 159,064
35.0%
11
Ecuador
SGD 157,838
35.5%
12
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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.