Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$3,885
Income Tax
- S$84.45
Central Provident Fund (CPF)
- S$777
Total tax
- S$861
Net pay
* S$3,024
Marginal tax rate
26.9%
Average tax rate
22.2%
77.8%
Net pay
22.2%
Total tax
Total tax
Net pay
The Taxberg
S$3,024
Net pay
S$661
Tax the employer pays
S$861
Tax you pay
Total tax paid
S$1,522
Did you know your employer also pays tax on your salary? It costs the employer S$661 to pay you S$3,885. In other words, every time you spend S$10 of your hard-earned money, S$3.92 goes to the government.
Real tax rate
33.5%
So, with you and the employer both paying tax, what used to be a 22.2% tax rate now rises to 33.5%, meaning your real tax rate is actually 11.3% higher than what it seemed at first.
People also ask
S$46,620 yearly is how much per hour?
S$20.38 hourly is how much per year?
What is the average salary in Singapore?
Summary
If you make S$46,620 a year living in Singapore, you will be taxed S$10,336. That means that your net pay will be S$36,284 per year, or S$3,024 per month. Your average tax rate is 22.2% and your marginal tax rate is 26.9%. 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$26.92, hence, your net pay will only increase by S$73.08.
Bonus Example
A S$1,000 bonus will generate an extra S$731 of net incomes. A S$5,000 bonus will generate an extra S$3,654 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
North America
Country 
Net pay
Average tax
Rank
USA
SGD 37,671
19.2%
1
Canada
SGD 34,253
26.5%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 42,150
9.6%
1
Puerto Rico
SGD 40,332
13.5%
2
Costa Rica
SGD 40,128
13.9%
3
Ecuador
SGD 38,950
16.5%
4
Panama
SGD 37,473
19.6%
5
Chile
SGD 37,360
19.9%
6
Colombia
SGD 37,112
20.4%
7
Peru
SGD 35,327
24.2%
8
Mexico
SGD 35,121
24.7%
9
Brazil
SGD 34,550
25.9%
10
Uruguay
SGD 33,171
28.9%
11
Argentina
SGD 30,294
35.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 44,289
5.0%
1
Qatar
SGD 44,289
5.0%
2
Bahrain
SGD 42,890
8.0%
3
Oman
SGD 42,890
8.0%
4
Saudi Arabia
SGD 41,958
10.0%
5
Kuwait
SGD 41,492
11.0%
6
Israel
SGD 38,136
18.2%
7
Egypt
SGD 35,334
24.2%
8
Lebanon
SGD 35,218
24.5%
9
Turkey
SGD 27,408
41.2%
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.