Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$47,058
Income Tax
- S$8,199
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$9,399
Net pay
* S$37,659
Marginal tax rate
22.0%
Average tax rate
20.0%
80.0%
Net pay
20.0%
Total tax
Total tax
Net pay
The Taxberg
S$37,659
Net pay
S$1,020
Tax the employer pays
S$9,399
Tax you pay
Total tax paid
S$10,419
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$47,058. In other words, every time you spend S$10 of your hard-earned money, S$2.21 goes to the government.
Real tax rate
21.7%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 21.7%, meaning your real tax rate is actually 1.7% higher than what it seemed at first.
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Summary
If you make S$564,696 a year living in Singapore, you will be taxed S$112,783. That means that your net pay will be S$451,913 per year, or S$37,659 per month. Your average tax rate is 20.0% and your marginal tax rate is 22.0%. 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$22, hence, your net pay will only increase by S$78.
Bonus Example
A S$1,000 bonus will generate an extra S$780 of net incomes. A S$5,000 bonus will generate an extra S$3,900 of net incomes.
Compare average tax
Tax per income
S$47,500
S$48,000
S$48,500
S$49,000
S$49,500
S$50,000
S$50,500
S$51,000
S$51,500
S$52,000
S$52,500
S$53,000
S$53,500
S$54,000
S$54,500
S$55,000
S$55,500
S$56,000
S$56,500
S$57,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 344,365
39.0%
1
Canada
SGD 293,671
48.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 499,137
11.6%
1
Hong Kong
SGD 473,085
16.2%
2
Singapore
SGD 451,913
20.0%
3
Indonesia
SGD 386,702
31.5%
4
Thailand
SGD 385,480
31.7%
5
Pakistan
SGD 373,027
33.9%
6
Taiwan
SGD 372,502
34.0%
7
Vietnam
SGD 369,246
34.6%
8
Philippines
SGD 359,987
36.3%
9
New Zealand
SGD 358,699
36.5%
10
Malaysia
SGD 358,295
36.6%
11
China
SGD 348,554
38.3%
12
Japan
SGD 339,653
39.9%
13
South Korea
SGD 335,541
40.6%
14
Australia
SGD 324,975
42.5%
15
India
SGD 280,567
50.3%
16
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 411,048
27.2%
1
Kenya
SGD 395,964
29.9%
2
Nigeria
SGD 384,272
32.0%
3
Ivory Coast
SGD 383,715
32.1%
4
Ghana
SGD 374,878
33.6%
5
Mozambique
SGD 370,006
34.5%
6
Zambia
SGD 347,678
38.4%
7
Cameroon
SGD 345,461
38.8%
8
Morocco
SGD 345,216
38.9%
9
Senegal
SGD 340,345
39.7%
10
South Africa
SGD 323,869
42.7%
11
Uganda
SGD 315,354
44.2%
12
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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.