Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$4,083
Income Tax
- S$98.31
Central Provident Fund (CPF)
- S$816
Total tax
- S$915
Net pay
*
S$3,168
Marginal tax rate
26.9%
Average tax rate
22.4%
77.6%
Net pay
22.4%
Total tax
Total tax
Net pay
The Taxberg
S$3,168
Net pay
S$695
Tax the employer pays
S$915
Tax you pay
Total tax paid
S$1,609
Did you know your employer also pays tax on your salary? It costs the employer S$695 to pay you S$4,083. In other words, every time you spend S$10 of your hard-earned money, S$3.94 goes to the government.
Real tax rate
33.7%
So, with you and the employer both paying tax, what used to be a 22.4% tax rate now rises to 33.7%, meaning your real tax rate is actually 11.3% higher than what it seemed at first.
Summary
If you make S$48,996 a year living in Singapore, you will be taxed S$10,976. That means that your net pay will be S$38,020 per year, or S$3,168 per month. Your average tax rate is 22.4% 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
Europe
Country
Net pay
Average tax
Rank
Switzerland
SGD 42,786
12.7%
1
Russia
SGD 42,627
13.0%
2
Ireland
SGD 40,881
16.6%
3
Hungary
SGD 39,932
18.5%
4
United Kingdom
SGD 39,880
18.6%
5
France
SGD 39,658
19.1%
6
Ukraine
SGD 39,442
19.5%
7
Czech Republic
SGD 37,986
22.5%
8
Norway
SGD 37,955
22.5%
9
Luxembourg
SGD 37,353
23.8%
10
Spain
SGD 37,060
24.4%
11
Austria
SGD 35,708
27.1%
12
Sweden
SGD 34,650
29.3%
13
Greece
SGD 33,845
30.9%
14
Denmark
SGD 33,017
32.6%
15
Germany
SGD 32,844
33.0%
16
Poland
SGD 32,468
33.7%
17
Italy
SGD 31,548
35.6%
18
Finland
SGD 30,886
37.0%
19
Netherlands
SGD 30,833
37.1%
20
Portugal
SGD 29,769
39.2%
21
Romania
SGD 28,663
41.5%
22
Belgium
SGD 25,081
48.8%
23
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North America
Country
Net pay
Average tax
Rank
USA
SGD 39,429
19.5%
1
Canada
SGD 35,835
26.9%
2
Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 44,298
9.6%
1
Puerto Rico
SGD 42,193
13.9%
2
Costa Rica
SGD 41,959
14.4%
3
Ecuador
SGD 40,681
17.0%
4
Chile
SGD 39,491
19.4%
5
Panama
SGD 39,271
19.9%
6
Colombia
SGD 38,776
20.9%
7
Peru
SGD 37,053
24.4%
8
Mexico
SGD 36,719
25.1%
9
Brazil
SGD 36,272
26.0%
10
Uruguay
SGD 34,613
29.4%
11
Argentina
SGD 31,838
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
SGD 36,824
24.8%
1
Angola
SGD 35,876
26.8%
2
Kenya
SGD 34,974
28.6%
3
Mozambique
SGD 34,801
29.0%
4
Ghana
SGD 33,743
31.1%
5
Nigeria
SGD 33,493
31.6%
6
Ivory Coast
SGD 33,188
32.3%
7
Morocco
SGD 32,708
33.2%
8
Uganda
SGD 31,719
35.3%
9
Cameroon
SGD 31,477
35.8%
10
Senegal
SGD 30,925
36.9%
11
Zambia
SGD 30,522
37.7%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
SGD 46,546
5.0%
1
Qatar
SGD 46,546
5.0%
2
Bahrain
SGD 45,076
8.0%
3
Oman
SGD 45,076
8.0%
4
Saudi Arabia
SGD 44,096
10.0%
5
Kuwait
SGD 43,606
11.0%
6
Israel
SGD 39,809
18.8%
7
Egypt
SGD 37,116
24.3%
8
Lebanon
SGD 37,000
24.5%
9
Turkey
SGD 28,792
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.