Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$26,066
Income Tax
- S$3,609
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$4,809
Net pay
*
S$21,257
Marginal tax rate
21.6%
Average tax rate
18.5%
81.5%
Net pay
18.5%
Total tax
Total tax
Net pay
The Taxberg
S$21,257
Net pay
S$1,020
Tax the employer pays
S$4,809
Tax you pay
Total tax paid
S$5,829
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$26,066. In other words, every time you spend S$10 of your hard-earned money, S$2.24 goes to the government.
Real tax rate
21.5%
So, with you and the employer both paying tax, what used to be a 18.5% tax rate now rises to 21.5%, meaning your real tax rate is actually 3% higher than what it seemed at first.
Summary
If you make S$312,792 a year living in Singapore, you will be taxed S$57,713. That means that your net pay will be S$255,079 per year, or S$21,257 per month. Your average tax rate is 18.5% and your marginal tax rate is 21.6%. 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$21.60, hence, your net pay will only increase by S$78.40.
Bonus Example
A S$1,000 bonus will generate an extra S$784 of net incomes. A S$5,000 bonus will generate an extra S$3,920 of net incomes.
Compare average tax
North America
Country
Net pay
Average tax
Rank
USA
SGD 205,319
34.4%
1
Canada
SGD 176,610
43.5%
2
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 227,788
27.2%
1
Kenya
SGD 219,631
29.8%
2
Nigeria
SGD 212,927
31.9%
3
Ivory Coast
SGD 211,834
32.3%
4
Ghana
SGD 208,244
33.4%
5
Mozambique
SGD 206,268
34.1%
6
Zambia
SGD 192,757
38.4%
7
Morocco
SGD 192,566
38.4%
8
Cameroon
SGD 192,089
38.6%
9
Senegal
SGD 189,203
39.5%
10
South Africa
SGD 185,322
40.8%
11
Uganda
SGD 176,806
43.5%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 298,619
4.5%
1
Bahrain
SGD 297,734
4.8%
2
United Arab Emirates
SGD 297,152
5.0%
3
Qatar
SGD 297,152
5.0%
4
Saudi Arabia
SGD 293,554
6.2%
5
Oman
SGD 287,769
8.0%
6
Egypt
SGD 234,963
24.9%
7
Lebanon
SGD 234,847
24.9%
8
Israel
SGD 189,113
39.5%
9
Turkey
SGD 182,429
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.