Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$29,000
Income Tax
- S$4,243
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$5,443
Net pay
* S$23,557
Marginal tax rate
21.6%
Average tax rate
18.8%
81.2%
Net pay
18.8%
Total tax
Total tax
Net pay
The Taxberg
S$23,557
Net pay
S$1,020
Tax the employer pays
S$5,443
Tax you pay
Total tax paid
S$6,463
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$29,000. 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 18.8% tax rate now rises to 21.5%, meaning your real tax rate is actually 2.7% higher than what it seemed at first.
People also ask
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Summary
If you make S$348,000 a year living in Singapore, you will be taxed S$65,318. That means that your net pay will be S$282,682 per year, or S$23,557 per month. Your average tax rate is 18.8% 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$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
S$38,500
S$39,000
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 302,760
13.0%
1
Hungary
SGD 283,620
18.5%
2
Ukraine
SGD 280,140
19.5%
3
Czech Republic
SGD 266,548
23.4%
4
Switzerland
SGD 232,334
33.2%
5
United Kingdom
SGD 209,845
39.7%
6
Poland
SGD 203,976
41.4%
7
Romania
SGD 203,580
41.5%
8
Spain
SGD 202,150
41.9%
9
Norway
SGD 201,935
42.0%
10
Austria
SGD 201,030
42.2%
11
Greece
SGD 197,628
43.2%
12
Denmark
SGD 195,495
43.8%
13
France
SGD 194,569
44.1%
14
Netherlands
SGD 188,007
46.0%
15
Ireland
SGD 186,841
46.3%
16
Sweden
SGD 186,791
46.3%
17
Luxembourg
SGD 186,610
46.4%
18
Germany
SGD 184,411
47.0%
19
Italy
SGD 167,635
51.8%
20
Finland
SGD 148,600
57.3%
21
Portugal
SGD 141,158
59.4%
22
Belgium
SGD 137,347
60.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 224,687
35.4%
1
Canada
SGD 192,971
44.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 304,110
12.6%
1
Hong Kong
SGD 293,227
15.7%
2
Singapore
SGD 282,682
18.8%
3
Thailand
SGD 244,628
29.7%
4
Taiwan
SGD 242,485
30.3%
5
Indonesia
SGD 240,215
31.0%
6
Pakistan
SGD 232,174
33.3%
7
China
SGD 229,371
34.1%
8
Vietnam
SGD 228,393
34.4%
9
New Zealand
SGD 226,515
34.9%
10
Malaysia
SGD 225,981
35.1%
11
Philippines
SGD 225,455
35.2%
12
Japan
SGD 222,168
36.2%
13
South Korea
SGD 218,780
37.1%
14
Australia
SGD 210,126
39.6%
15
India
SGD 174,386
49.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 309,046
11.2%
1
Brazil
SGD 253,050
27.3%
2
Costa Rica
SGD 248,737
28.5%
3
Uruguay
SGD 247,832
28.8%
4
Colombia
SGD 243,123
30.1%
5
Chile
SGD 241,398
30.6%
6
Panama
SGD 241,178
30.7%
7
Mexico
SGD 232,645
33.2%
8
Puerto Rico
SGD 232,582
33.2%
9
Argentina
SGD 226,191
35.0%
10
Peru
SGD 223,681
35.7%
11
Ecuador
SGD 216,751
37.7%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 253,401
27.2%
1
Kenya
SGD 244,277
29.8%
2
Nigeria
SGD 236,876
31.9%
3
Ivory Coast
SGD 235,858
32.2%
4
Ghana
SGD 231,534
33.5%
5
Mozambique
SGD 229,153
34.2%
6
Zambia
SGD 214,410
38.4%
7
Morocco
SGD 213,901
38.5%
8
Cameroon
SGD 213,526
38.6%
9
Senegal
SGD 210,327
39.6%
10
South Africa
SGD 204,686
41.2%
11
Uganda
SGD 196,171
43.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 333,827
4.1%
1
Bahrain
SGD 332,590
4.4%
2
United Arab Emirates
SGD 330,600
5.0%
3
Qatar
SGD 330,600
5.0%
4
Saudi Arabia
SGD 328,762
5.5%
5
Oman
SGD 320,160
8.0%
6
Egypt
SGD 261,369
24.9%
7
Lebanon
SGD 261,253
24.9%
8
Israel
SGD 206,717
40.6%
9
Turkey
SGD 202,935
41.7%
10
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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.