Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$3,087
Income Tax
- S$37.21
Central Provident Fund (CPF)
- S$617
Total tax
- S$654
Net pay
* S$2,433
Marginal tax rate
23.4%
Average tax rate
21.2%
78.8%
Net pay
21.2%
Total tax
Total tax
Net pay
The Taxberg
S$2,433
Net pay
S$525
Tax the employer pays
S$654
Tax you pay
Total tax paid
S$1,179
Did you know your employer also pays tax on your salary? It costs the employer S$525 to pay you S$3,087. In other words, every time you spend S$10 of your hard-earned money, S$3.82 goes to the government.
Real tax rate
32.6%
So, with you and the employer both paying tax, what used to be a 21.2% tax rate now rises to 32.6%, meaning your real tax rate is actually 11.4% higher than what it seemed at first.
People also ask
S$37,044 yearly is how much per hour?
S$16.19 hourly is how much per year?
What is the average salary in Singapore?
Summary
If you make S$37,044 a year living in Singapore, you will be taxed S$7,850. That means that your net pay will be S$29,194 per year, or S$2,433 per month. Your average tax rate is 21.2% and your marginal tax rate is 23.4%. 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$23.42, hence, your net pay will only increase by S$76.58.
Bonus Example
A S$1,000 bonus will generate an extra S$766 of net incomes. A S$5,000 bonus will generate an extra S$3,829 of net incomes.
Compare average tax
Tax per income
S$3,500
S$4,000
S$4,500
S$5,000
S$5,500
S$6,000
S$6,500
S$7,000
S$7,500
S$8,000
S$8,500
S$9,000
S$9,500
S$10,000
S$10,500
S$11,000
S$11,500
S$12,000
S$12,500
S$13,000
Europe
Country 
Net pay
Average tax
Rank
Switzerland
SGD 33,112
10.6%
1
Ireland
SGD 32,335
12.7%
2
Russia
SGD 32,228
13.0%
3
United Kingdom
SGD 31,902
13.9%
4
France
SGD 31,330
15.4%
5
Hungary
SGD 30,191
18.5%
6
Norway
SGD 30,067
18.8%
7
Ukraine
SGD 29,820
19.5%
8
Luxembourg
SGD 29,807
19.5%
9
Austria
SGD 29,348
20.8%
10
Spain
SGD 29,246
21.1%
11
Czech Republic
SGD 29,141
21.3%
12
Sweden
SGD 26,548
28.3%
13
Greece
SGD 26,461
28.6%
14
Italy
SGD 26,293
29.0%
15
Germany
SGD 26,245
29.2%
16
Poland
SGD 25,319
31.7%
17
Denmark
SGD 24,855
32.9%
18
Finland
SGD 24,345
34.3%
19
Portugal
SGD 23,552
36.4%
20
Netherlands
SGD 23,311
37.1%
21
Romania
SGD 21,671
41.5%
22
Belgium
SGD 21,456
42.1%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 30,586
17.4%
1
Canada
SGD 27,406
26.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 34,787
6.1%
1
Taiwan
SGD 33,119
10.6%
2
Thailand
SGD 32,607
12.0%
3
Australia
SGD 32,293
12.8%
4
South Korea
SGD 30,917
16.5%
5
New Zealand
SGD 30,765
17.0%
6
Kazakhstan
SGD 29,656
19.9%
7
Indonesia
SGD 29,568
20.2%
8
Pakistan
SGD 29,536
20.3%
9
Singapore
SGD 29,194
21.2%
10
Japan
SGD 29,034
21.6%
11
Malaysia
SGD 28,923
21.9%
12
Philippines
SGD 27,897
24.7%
13
Vietnam
SGD 26,914
27.4%
14
China
SGD 25,294
31.7%
15
India
SGD 24,133
34.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 33,492
9.6%
1
Puerto Rico
SGD 32,677
11.8%
2
Costa Rica
SGD 32,541
12.2%
3
Ecuador
SGD 31,584
14.7%
4
Colombia
SGD 30,409
17.9%
5
Panama
SGD 30,229
18.4%
6
Chile
SGD 29,759
19.7%
7
Mexico
SGD 28,675
22.6%
8
Peru
SGD 28,344
23.5%
9
Brazil
SGD 27,607
25.5%
10
Uruguay
SGD 26,751
27.8%
11
Argentina
SGD 24,069
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 29,191
21.2%
1
Angola
SGD 27,181
26.6%
2
Mozambique
SGD 27,032
27.0%
3
Kenya
SGD 26,607
28.2%
4
Ghana
SGD 25,837
30.3%
5
Ivory Coast
SGD 25,760
30.5%
6
Morocco
SGD 25,466
31.3%
7
Nigeria
SGD 25,363
31.5%
8
Uganda
SGD 24,471
33.9%
9
Cameroon
SGD 24,200
34.7%
10
Senegal
SGD 23,754
35.9%
11
Zambia
SGD 23,172
37.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 35,192
5.0%
1
Qatar
SGD 35,192
5.0%
2
Bahrain
SGD 34,080
8.0%
3
Oman
SGD 34,080
8.0%
4
Saudi Arabia
SGD 33,340
10.0%
5
Kuwait
SGD 32,969
11.0%
6
Israel
SGD 31,121
16.0%
7
Egypt
SGD 28,152
24.0%
8
Lebanon
SGD 28,036
24.3%
9
Turkey
SGD 21,831
41.1%
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.