Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$28,698
Income Tax
- S$4,178
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$5,378
Net pay
* S$23,320
Marginal tax rate
21.6%
Average tax rate
18.7%
81.3%
Net pay
18.7%
Total tax
Total tax
Net pay
The Taxberg
S$23,320
Net pay
S$1,020
Tax the employer pays
S$5,378
Tax you pay
Total tax paid
S$6,398
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$28,698. 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 18.7% tax rate now rises to 21.5%, meaning your real tax rate is actually 2.8% higher than what it seemed at first.
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Summary
If you make S$344,376 a year living in Singapore, you will be taxed S$64,535. That means that your net pay will be S$279,841 per year, or S$23,320 per month. Your average tax rate is 18.7% 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.
Tax per income
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
S$37,500
S$38,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 222,694
35.3%
1
Canada
SGD 191,287
44.5%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 250,765
27.2%
1
Kenya
SGD 241,740
29.8%
2
Nigeria
SGD 234,411
31.9%
3
Ivory Coast
SGD 233,385
32.2%
4
Ghana
SGD 229,137
33.5%
5
Mozambique
SGD 226,798
34.1%
6
Zambia
SGD 212,181
38.4%
7
Morocco
SGD 211,705
38.5%
8
Cameroon
SGD 211,319
38.6%
9
Senegal
SGD 208,153
39.6%
10
South Africa
SGD 202,693
41.1%
11
Uganda
SGD 194,178
43.6%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 330,203
4.1%
1
Bahrain
SGD 329,002
4.5%
2
United Arab Emirates
SGD 327,157
5.0%
3
Qatar
SGD 327,157
5.0%
4
Saudi Arabia
SGD 325,138
5.6%
5
Oman
SGD 316,826
8.0%
6
Egypt
SGD 258,651
24.9%
7
Lebanon
SGD 258,535
24.9%
8
Israel
SGD 204,905
40.5%
9
Turkey
SGD 200,824
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.