Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$27,629
Income Tax
- S$3,947
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$5,147
Net pay
* S$22,482
Marginal tax rate
21.6%
Average tax rate
18.6%
81.4%
Net pay
18.6%
Total tax
Total tax
Net pay
The Taxberg
S$22,482
Net pay
S$1,020
Tax the employer pays
S$5,147
Tax you pay
Total tax paid
S$6,167
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$27,629. In other words, every time you spend S$10 of your hard-earned money, S$2.23 goes to the government.
Real tax rate
21.5%
So, with you and the employer both paying tax, what used to be a 18.6% tax rate now rises to 21.5%, meaning your real tax rate is actually 2.9% higher than what it seemed at first.
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Summary
If you make S$331,548 a year living in Singapore, you will be taxed S$61,764. That means that your net pay will be S$269,784 per year, or S$22,482 per month. Your average tax rate is 18.6% 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
Tax per income
S$27,500
S$28,000
S$28,500
S$29,000
S$29,500
S$30,000
S$30,500
S$31,000
S$31,500
S$32,000
S$32,500
S$33,000
S$33,500
S$34,000
S$34,500
S$35,000
S$35,500
S$36,000
S$36,500
S$37,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 215,637
35.0%
1
Canada
SGD 185,326
44.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 289,303
12.7%
1
Hong Kong
SGD 279,572
15.7%
2
Singapore
SGD 269,784
18.6%
3
Thailand
SGD 233,934
29.4%
4
Taiwan
SGD 232,614
29.8%
5
Indonesia
SGD 229,094
30.9%
6
Pakistan
SGD 221,480
33.2%
7
China
SGD 220,322
33.6%
8
Vietnam
SGD 217,699
34.3%
9
New Zealand
SGD 216,479
34.7%
10
Malaysia
SGD 215,878
34.9%
11
Philippines
SGD 215,241
35.1%
12
Japan
SGD 212,464
35.9%
13
South Korea
SGD 209,675
36.8%
14
Australia
SGD 201,407
39.3%
15
India
SGD 167,166
49.6%
16
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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.