Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$4,835
Income Tax
- S$151
Central Provident Fund (CPF)
- S$967
Total tax
- S$1,118
Net pay
* S$3,717
Marginal tax rate
27.2%
Average tax rate
23.1%
76.9%
Net pay
23.1%
Total tax
Total tax
Net pay
The Taxberg
S$3,717
Net pay
S$822
Tax the employer pays
S$1,118
Tax you pay
Total tax paid
S$1,940
Did you know your employer also pays tax on your salary? It costs the employer S$822 to pay you S$4,835. In other words, every time you spend S$10 of your hard-earned money, S$4.01 goes to the government.
Real tax rate
34.3%
So, with you and the employer both paying tax, what used to be a 23.1% tax rate now rises to 34.3%, meaning your real tax rate is actually 11.2% higher than what it seemed at first.
People also ask
S$58,020 yearly is how much per hour?
S$25.36 hourly is how much per year?
What is the average salary in Singapore?
Summary
If you make S$58,020 a year living in Singapore, you will be taxed S$13,412. That means that your net pay will be S$44,608 per year, or S$3,717 per month. Your average tax rate is 23.1% and your marginal tax rate is 27.2%. 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$27.16, hence, your net pay will only increase by S$72.84.
Bonus Example
A S$1,000 bonus will generate an extra S$728 of net incomes. A S$5,000 bonus will generate an extra S$3,642 of net incomes.
Compare average tax
Tax per income
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
S$13,500
S$14,000
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 50,477
13.0%
1
Switzerland
SGD 49,773
14.2%
2
Hungary
SGD 47,286
18.5%
3
Ukraine
SGD 46,706
19.5%
4
Ireland
SGD 46,196
20.4%
5
United Kingdom
SGD 45,904
20.9%
6
France
SGD 45,370
21.8%
7
Czech Republic
SGD 44,664
23.0%
8
Norway
SGD 43,911
24.3%
9
Spain
SGD 42,832
26.2%
10
Luxembourg
SGD 42,307
27.1%
11
Sweden
SGD 40,967
29.4%
12
Austria
SGD 40,945
29.4%
13
Denmark
SGD 39,091
32.6%
14
Greece
SGD 38,858
33.0%
15
Germany
SGD 37,613
35.2%
16
Poland
SGD 37,145
36.0%
17
Netherlands
SGD 36,512
37.1%
18
Finland
SGD 35,472
38.9%
19
Italy
SGD 35,195
39.3%
20
Portugal
SGD 34,025
41.4%
21
Romania
SGD 33,942
41.5%
22
Belgium
SGD 28,715
50.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 46,106
20.5%
1
Canada
SGD 41,673
28.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 52,637
9.3%
1
Taiwan
SGD 50,764
12.5%
2
Thailand
SGD 48,447
16.5%
3
South Korea
SGD 47,067
18.9%
4
Kazakhstan
SGD 46,647
19.6%
5
Australia
SGD 46,351
20.1%
6
New Zealand
SGD 45,293
21.9%
7
Singapore
SGD 44,608
23.1%
8
Indonesia
SGD 44,132
23.9%
9
Pakistan
SGD 43,678
24.7%
10
Japan
SGD 43,328
25.3%
11
Malaysia
SGD 42,542
26.7%
12
Philippines
SGD 41,760
28.0%
13
Vietnam
SGD 40,022
31.0%
14
China
SGD 38,170
34.2%
15
India
SGD 36,048
37.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 52,390
9.7%
1
Puerto Rico
SGD 49,264
15.1%
2
Costa Rica
SGD 48,825
15.9%
3
Chile
SGD 47,628
17.9%
4
Ecuador
SGD 47,218
18.6%
5
Panama
SGD 46,097
20.6%
6
Colombia
SGD 45,083
22.3%
7
Peru
SGD 43,607
24.8%
8
Brazil
SGD 42,815
26.2%
9
Mexico
SGD 42,785
26.3%
10
Uruguay
SGD 40,093
30.9%
11
Argentina
SGD 37,704
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 42,441
26.9%
1
South Africa
SGD 42,335
27.0%
2
Kenya
SGD 41,291
28.8%
3
Mozambique
SGD 40,666
29.9%
4
Ghana
SGD 39,712
31.6%
5
Nigeria
SGD 39,631
31.7%
6
Ivory Coast
SGD 38,776
33.2%
7
Morocco
SGD 38,177
34.2%
8
Cameroon
SGD 36,971
36.3%
9
Uganda
SGD 36,682
36.8%
10
Senegal
SGD 36,339
37.4%
11
Zambia
SGD 36,072
37.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 55,119
5.0%
1
Qatar
SGD 55,119
5.0%
2
Bahrain
SGD 53,378
8.0%
3
Oman
SGD 53,378
8.0%
4
Saudi Arabia
SGD 52,218
10.0%
5
Kuwait
SGD 51,638
11.0%
6
Israel
SGD 46,162
20.4%
7
Egypt
SGD 43,884
24.4%
8
Lebanon
SGD 43,768
24.6%
9
Turkey
SGD 34,047
41.3%
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.