Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$22,318
Income Tax
- S$2,859
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$4,059
Net pay
*
S$18,259
Marginal tax rate
19.4%
Average tax rate
18.2%
81.8%
Net pay
18.2%
Total tax
Total tax
Net pay
The Taxberg
S$18,259
Net pay
S$1,020
Tax the employer pays
S$4,059
Tax you pay
Total tax paid
S$5,079
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$22,318. In other words, every time you spend S$10 of your hard-earned money, S$2.28 goes to the government.
Real tax rate
21.8%
So, with you and the employer both paying tax, what used to be a 18.2% tax rate now rises to 21.8%, meaning your real tax rate is actually 3.6% higher than what it seemed at first.
Summary
If you make S$267,816 a year living in Singapore, you will be taxed S$48,706. That means that your net pay will be S$219,110 per year, or S$18,259 per month. Your average tax rate is 18.2% 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
North America
Country
Net pay
Average tax
Rank
USA
SGD 180,577
32.6%
1
Canada
SGD 155,506
41.9%
2
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 195,068
27.2%
1
Kenya
SGD 188,148
29.8%
2
Nigeria
SGD 182,334
31.9%
3
Ivory Coast
SGD 181,146
32.4%
4
Ghana
SGD 178,492
33.4%
5
Mozambique
SGD 177,034
33.9%
6
Morocco
SGD 165,311
38.3%
7
Zambia
SGD 165,097
38.4%
8
Cameroon
SGD 164,705
38.5%
9
Senegal
SGD 162,217
39.4%
10
South Africa
SGD 160,585
40.0%
11
Uganda
SGD 152,070
43.2%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
SGD 254,425
5.0%
1
Qatar
SGD 254,425
5.0%
2
Kuwait
SGD 253,643
5.3%
3
Bahrain
SGD 253,208
5.5%
4
Saudi Arabia
SGD 248,578
7.2%
5
Oman
SGD 246,391
8.0%
6
Egypt
SGD 201,231
24.9%
7
Lebanon
SGD 201,115
24.9%
8
Israel
SGD 166,470
37.8%
9
Turkey
SGD 156,235
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.