Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$47,384
Income Tax
- S$8,270
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$9,470
Net pay
* S$37,914
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$37,914
Net pay
S$1,020
Tax the employer pays
S$9,470
Tax you pay
Total tax paid
S$10,490
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$47,384. 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$568,608 a year living in Singapore, you will be taxed S$113,644. That means that your net pay will be S$454,964 per year, or S$37,914 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 346,529
39.1%
1
Canada
SGD 295,489
48.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 502,657
11.6%
1
Hong Kong
SGD 476,332
16.2%
2
Singapore
SGD 454,964
20.0%
3
Indonesia
SGD 389,346
31.5%
4
Thailand
SGD 388,023
31.8%
5
Pakistan
SGD 375,569
34.0%
6
Taiwan
SGD 374,850
34.1%
7
Vietnam
SGD 371,788
34.6%
8
Philippines
SGD 362,416
36.3%
9
New Zealand
SGD 361,085
36.5%
10
Malaysia
SGD 360,682
36.6%
11
China
SGD 350,705
38.3%
12
Japan
SGD 341,762
39.9%
13
South Korea
SGD 337,580
40.6%
14
Australia
SGD 327,049
42.5%
15
India
SGD 282,483
50.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 504,302
11.3%
1
Brazil
SGD 412,991
27.4%
2
Costa Rica
SGD 396,820
30.2%
3
Panama
SGD 388,433
31.7%
4
Uruguay
SGD 381,821
32.9%
5
Colombia
SGD 378,347
33.5%
6
Mexico
SGD 376,040
33.9%
7
Puerto Rico
SGD 375,205
34.0%
8
Chile
SGD 373,763
34.3%
9
Argentina
SGD 369,586
35.0%
10
Peru
SGD 358,804
36.9%
11
Ecuador
SGD 342,600
39.8%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 413,894
27.2%
1
Kenya
SGD 398,702
29.9%
2
Nigeria
SGD 386,933
32.0%
3
Ivory Coast
SGD 386,384
32.1%
4
Ghana
SGD 377,466
33.6%
5
Mozambique
SGD 372,548
34.5%
6
Zambia
SGD 350,084
38.4%
7
Cameroon
SGD 347,843
38.8%
8
Morocco
SGD 347,587
38.9%
9
Senegal
SGD 342,692
39.7%
10
South Africa
SGD 326,021
42.7%
11
Uganda
SGD 317,505
44.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 554,435
2.5%
1
Bahrain
SGD 550,992
3.1%
2
Saudi Arabia
SGD 549,370
3.4%
3
United Arab Emirates
SGD 540,178
5.0%
4
Qatar
SGD 540,178
5.0%
5
Oman
SGD 523,119
8.0%
6
Egypt
SGD 426,825
24.9%
7
Lebanon
SGD 426,709
25.0%
8
Turkey
SGD 331,419
41.7%
9
Israel
SGD 317,021
44.3%
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.